Single
European currency (Euro). The Euro is now
the official currency of 12 EU member states which includes
Spain.
The first Euro coins and notes were introduced in January
2002, the Spanish Peseta was still in circulation until 28
February 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 and 1, and
50, 20, 10, 5, 2 and 1 cents.
Currency
exchange
Money can be changed in banks, and at most travel agencies,
major hotels and airports. National Girobank Postcheques may
be used to withdraw cash from UK accounts at main Spanish
post offices.
Credit & debit cards in Spain
American Express, , MasterCard, Diners Club and Visa are widely
accepted, as well as Eurocheque cards. Check with your credit
or debit card company for details of merchant acceptability
and other facilities which may be available in Spain.
Travellers cheques
International travellers cheques are accepted. To avoid additional
exchange rate charges, travellers are advised to take travellers
cheques in Euros, Pounds Sterling or US Dollars.
Currency restrictions
The import and export of local currency is unlimited, but
the export of amounts exceeding €6010 (in any currency)
per person, per journey must be declared. The export of cash
notes and bearers-cheques, in any currency, exceeding €3050
per person per journey must also be declared.
Exchange
rate indicators
The following figures are included as a guide to the movements
of the Euro against Sterling and the US Dollar: |
