The only way to find out how much your money will be worth against the Italian Euro at the point of travel is to check the exchange rates on that day. For your convenience, this is our free currency converter. This complimentary currency converter will calculate from any currency worldwide to Euros.
Italy has become a member of the Eurozone, like most countries in Europe, since it was established in 1999.Other types of currency are not widely accepted in the country, and although you find an establishment that accepts a different type of currency, except for the exchange rate to be too low.
Italy Currency Converter What is the unit of money in Italy? Exchange rate to other major currencies Currency in Italy: euro (EUR) Disclaimer: conversions are for illustration purposes only. We use reputable sources but cannot and do not verify each rate we have fetched. We shall not be liable to users or any third party for any damage or loss ...
The Euro became the type of money in Italy in 2002, the former Italian money before euro was called lira. With the deficit budget announcement however, exiting the Eurozone is a possibility. Read on to find out what currency Italy uses and more…
In Italy, as in most of Western Europe, the official currency is the Euro (€). The Euro is divided into 100 cents (centimes, centesimi), with two decimals after the comma (not decimal point, comma).
The official currency of Italy is the euro, even though the country is still somewhat a cash based economy. You won’t be paying cash all of the time, as there are shops and merchants in Italy that are well equipped to accept card payments – Visa and Mastercard are more common than American Express.
Leave your money in your checking account and use your ATM card to take out what you need when you are in Italy. If you will feel better having some € cash on you when you arrive -- just buy a ...
Italy currency Italy is one of the 12 EU countries that joined the EMU – the Economic and Monetary Union – which introduced the single currency, the Euro. The current exchange rate is approximately €0.81 = $1.
The lira was the official unit of currency in Italy until 1 January 1999, when it was replaced by the euro (euro coins and notes were not introduced until 2002). Old lira denominated currency ceased to be legal tender on 28 February 2002. The conversion rate is 1,936.27 lire to the euro.
In general, I avoid exchanging money in Europe; it's a big rip-off. On average, at a bank you lose about 8 percent when you change dollars to euros or another foreign currency. When you use an airport currency exchange booth such as Forex or Travelex, the hit can be as much as 15 percent.