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Last updated : Nov 2009
Greece Currency
Greece Currency and Bank information - TravelPuppy.com
Single European currency (Euro)

The Euro is now the official currency of 12 EU member states (including Greece).
The first Euro coins and notes were introduced in January 2002; the Greek Drachma was in circulation until February 28 2002, when it was completely replaced by the Euro.

Euro (€) = 100 cents.

Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2, 1 and 50, 20, 10, 5, 2 and 1 cents.

Currency exchange

Foreign currency can be exchanged at all banks, savings banks and bureaux de change. Exchange rates can vary from one bank to another. Many UK banks proffer differing exchange rates depending on the denominations of currency being bought or sold. Check with banks for details and current rates.

Credit & debit cards

American Express, MasterCard, Diners Club, Visa and other major credit cards are widely accepted (although less so in petrol stations), as well as Eurocheque cards. Check with your credit or debit card company for more details of merchant acceptability and other services which may be available.

Travellers cheques

All major currencies are generally accepted and can be exchanged easily at banks. Generally, banks in Greece charge a commission of 2 per cent with a minimum of €0.15 and a maximum of €13.21 on the encashment of travellers cheques. To avoid additional exchange rate charges, travellers are recommended to take travellers cheques in Euros, Pounds Sterling or US Dollars.

Exchange rate indicators

The following figures are included as a guide to the movements of the Euro against Sterling and the US Dollar:
 
Date Nov '07
£1.00=
1.43635
$1.00=
0.68904
 
Currency restrictions

The import of local and foreign currency is not limited provided any amount exceeding €10,000 is declared on arrival. The export of local and foreign currency is allowed though amounts over €2000 call for an Import Currency Declaration Form issued on arrival, and amounts over €10,000 require a Certificate of Tax Clearance or Currency Declaration Form (on import).

Banking hours

Monday-Thursday 0800-1430, Friday 0800-1400. Banks on the larger islands stay open in the afternoon and some during the evening to offer currency exchange facilities during the tourist season. The GNTO bureau in Athens can give more details.
Useful travel links
MasterCard ATM Locator Location of any ATM that accepts MasterCard
Oanda International Currency and foreign exchange services
VISA ATM Locator Location of any ATM that accepts VISA cards