Currency & Money in Italy
Everything you need to know about the EUR (€) and managing money during your trip
EUR (€) (N/A)
Official Currency
The EUR (€) is the official currency of Italy.
- Symbol: $
- Coins: Information not available
- Banknotes: Information not available
Current Exchange Rates
Exchange rates fluctuate daily. Below are the current rates for the EUR (€) against major world currencies:
Currency Exchange Rates
Note: These rates are for reference only. Actual rates at currency exchanges or banks may vary.
Using Money in Italy
Cash
Cash is widely used in Italy, especially in rural areas, small shops, and local markets. Most tourist destinations and larger establishments in cities will accept major credit cards, but for day-to-day expenses you'll need cash.
Pro Tips:
- Always carry small denominations for local transport and small purchases
- Count your change carefully, especially when exchanging large notes
- Keep some cash in different places (wallet, hidden pocket, hotel safe)
ATMs & Credit Cards
ATMs are widely available in cities and tourist areas. Most accept international cards and dispense local currency. Credit cards (especially Visa and Mastercard) are accepted at higher-end hotels, restaurants, and shops in tourist areas.
ATM Tips:
- Use ATMs in banks during business hours when possible
- Check for skimming devices before inserting your card
- Notify your bank about travel plans to avoid card blocks
- Check daily withdrawal limits with your bank
Credit Card Tips:
- Bring at least two different cards as backup
- Some places add a 2-3% surcharge for credit card payments
- Always pay in local currency when given the option
- Keep receipts until you're back home
Important: Always inform your bank about your travel plans to Italy to prevent your cards from being blocked for suspicious activity.
Currency Exchange
You can exchange foreign currency at banks, authorized money changers, and at the airport. US Dollars, Euros, and British Pounds are typically the easiest to exchange throughout Italy.
Best Places to Exchange Money:
Offer official rates but may have longer queues. Usually open weekdays from 9am to 3pm.
Convenient but typically offer less favorable rates than in the city.
Often found in tourist areas and may offer better rates. Always count your money.
Exchange Tips:
- Always check rates at multiple places before exchanging large amounts
- Keep exchange receipts until you leave Italy
- Avoid street money changers to prevent counterfeit notes
- US Dollars typically get the best exchange rates
Tipping & Bargaining
General Tipping Guide:
- Restaurants: 10% if service charge not included
- Hotels: Small tip for porters and housekeeping
- Tour guides: Based on service quality and duration
- Drivers: Round up fare or 10% for good service
- Local transport: Round up to nearest convenient amount
Bargaining:
Bargaining is common in markets and with street vendors. It's generally not practiced in established shops, restaurants or for accommodation.
Start at around 60-70% of the initially quoted price and work your way up. Always negotiate in a friendly manner and be prepared to walk away if you can't reach a fair price.
Money Safety in Italy
Italy is generally a safe destination for tourists, but it's always wise to be cautious with your money and valuables while traveling.
Safety Do's:
- Use hotel safes for passports and extra cash
- Carry a day's worth of cash in an accessible pocket
- Keep emergency cash separate from your wallet
- Count your change carefully after transactions
- Keep photos of your cards and documents in secure cloud storage
Safety Don'ts:
- Flash large amounts of cash or expensive items
- Leave valuables unattended on beaches or in public
- Exchange money with unauthorized vendors
- Carry all your cash and cards together
- Let your card out of sight during transactions
If You Lose Your Cards or Wallet:
- Report lost/stolen cards immediately to your bank
- File a police report - tourist police can help with English support
- Contact your embassy or consulate if you've lost all funds
- Use money transfer services like Western Union for emergency funds
Frequently Asked Questions
Should I bring cash or rely on ATMs in Italy?
It's best to bring some cash (US Dollars are ideal) for your initial expenses and emergencies, then use ATMs as needed. This gives you flexibility while avoiding carrying too much cash.
Can I use US Dollars in Italy?
Some tourist establishments may accept US Dollars, but you'll generally need EUR (€) for most transactions. Always check the exchange rate they're offering if paying in dollars, as it may not be favorable.
How much cash should I carry daily?
This depends on your travel style and planned activities. Budget travelers might need less, while those planning shopping or dining at upscale venues should carry more. Always have some cash for emergencies.
Can I exchange EUR (€) back to my currency?
Yes, but you may need your original currency exchange receipts. The airport has exchange services for leftover local currency. It's best to plan your spending to minimize the amount you'll need to exchange back.
Quick Money Reference
Common Expenses (Approx)
- Budget mealVaries
- Mid-range restaurant mealVaries
- Bottle of water (1.5L)Varies
- Local transportVaries
- Taxi/ride shareVaries
- Budget accommodationVaries
- Attraction entrance feesVaries
Daily Budget Guide
Money-Related Phrases
How much is this?
Local phrase not available
That's too expensive
Local phrase not available
Do you accept credit cards?
Local phrase not available
Where is an ATM?
Local phrase not available
Where it's Used
Loading map of Italy...
EUR (€) is the official currency of Italy
Related Information
Back to Italy
Complete travel guide
💡 Money Tip
For the best exchange rates in Italy, use ATMs from major banks rather than airport exchange counters.