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The Low Down on Italian Currency

Currency:	Euro
Currency code:	EUR
Central Bank:	European Central Bank
Currency symbol:	€
Currency sub unit:	cent
Currency sub unit symbol:	c
Bank notes:	€5, €10, €20, €50, €100, €200, €500
Coins:	1c, 2c, 5c, 10c, 20c, 50c, €1, €2

The official currency of Italy is the euro and abbreviated to the currency code EUR.

The euro has been the official currency of Italy since 2002. Prior to this, the currency of Italy was the lira.

The lira was used in Italy between 1861 and 2002; and between 1999 and 2002, the Italian lira was officially a national subunit of the euro.

1 Euro is divided into 100 cents, while the most commonly-used bills for the euro are the 5, 10, 20, 50, 100 and 200 notes.

What to spend your euros on**:

Loaf of fresh bread
1.50 EUR
Cappuccino
1.30 EUR
Affordable meal
15 EUR
Gondola ride in Venice
80 EUR
Monthly train pass
35 EUR

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Must-sees in Itlay

Venice
There is undeniable beauty in a city built on the water, but there's more to Venice than the gondola rides down the canal system its picturesque landmarks sit on. Explore the city's lesser-visited wine bars and squares for a robust Venetian experience.

Rome
The allure of Rome in all its ancient glory is undeniable; whether you're wandering the Spanish Steps, taking in the Trevi Fountain or touring the ornate halls of Vatican City.

Cinque Terre
Possibly one of the world’s most picturesque locations; the colourful terraces embedded into cliffs, crystal blue waters and charming villages that adorn this coastline are well worth the trip.

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FAQ Relating to Italian Currency

What credit cards are accepted in Italy?
Most credit cards are widely accepted in Italy with VISA™ and MasterCard™ being accepted in most outlets. American Express and Diners are less-widely accepted.
What was the former currency of Italy?
Prior to the euro, the official currency of Italy was the Italian lira.
What is the conversion rate of lira to euro?
According to the European Central bank, as of 31^st December 2018, the conversion was 1936.27 lira to 1 EUR.

^{*Rates are subject to change throughout the day. In-store rates vary compared to online.}

^{**The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip.}

^{^^Based on mid-market and Travelex Online AUD to FX exchange rates as of the date of the relevant social media post and/or email communication. Rates are subject to change throughout the day. Any rates and savings are quoted as a guide only.}

^{Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.}

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