Italian Currency

 

How to handle Euros

You will need cash for some things, such as taxis, newspapers, or a quick espresso, but just about everything else can be charged. The Euro is a very strong currency at the moment. The old Italian Lira has been replaced by notes available in bills of 500, 200, 100, 50, 20, 10, and 5. While coins are available in denominations of 2 and 1 Euros, and 50, 20, 10, 5, 2, and 1 cent. The exchange value is approximately 1 Euro = US $ 1.29, but for current rates check, www.eurochange.com or www.xe.com

You can exchange or get money at any bank, ATM machine (Bancomat), exchange office (Ufficio di Cambio) at airports and train stations. When using ATMs, major hotels offer an exchange service but usually for higher fees.
There are many Bancomats in the large cities and even in small towns. The machines operate just as they do in the US; at the beginning of the transaction, it prompts the user for the preferred language. Using a credit card, or even better, a debit card or your local bank ATM card is very easy. One must first locate either the Cirrus or BankMate symbol (on the Bancomat and on your card) to insure the card is usable on that particular unit. Cirrus and BankMate are the two most popular and widespread banking systems in the world so they are the best to have.

Some useful words when changing money are the following:

Where can I exchange some dollars? Dove posso cambiare dei dollari? Is the bank open? E' aperta la banca? Is there a currency exchange nearby? C'è un ufficio di cambio qui vicino? How much is the dollar worth today? Quanto vale il dollaro oggi?

 

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