The Low Down on Portuguese Currency
European Central Bank
|Currency sub unit:|
|Currency sub unit symbol:|
€5, €10, €20, €50, €100, €200, €500
1c, 2c, 5c, 10c, 20c, 50c, €1, €2
The official currency of Portugal is the euro, which is abbreviated to EUR. 1 Euro is divided into 100 cents.
The euro has been used in Portugal since 1999, replacing the Portuguese escudo, which was in circulation prior to this time and until 2002.
Following the gradual inflation of the escudo throughout the 20th century, the euro was introduced at the conversion rate of 200.48 escudos to €1.
The most commonly used bills for the euro are the 5, 10, 20, 50, 100 and 200 notes.
What to spend your euros on**:
Mid-range 3 course meal for 2
1 litre of milk
Bottle of wine
Monthly travel pass
Portuguese egg tart
Must-sees in Portugal
Buying Euro online is easy
Order Euro online, lock in the rate and collect at your local store, at the airport before you fly or have it delivered at home
- 1. Click the ‘Buy Euro Now’ button below
And tell us how much you need for your trip.
- 2. Choose how to get it
Get your currency home-delivered or choose to collect at more than 3,600 pick up locations.
- 3. Pay online
Simply pay using either your debit card (recommended) or credit card and you’re all set!
- What credit cards are accepted in Portugal?
Most credit cards are widely accepted in Portugal with VISA and MasterCard being widely accepted in most outlets; and American Express and Diners are less widely so.
- Can you use in US dollars in Portugal?
While you can exchange US dollars into Euro once you get to Portugal, it’s unlikely you will find anywhere that will accept US dollars as a form of payment.
- What was the former currency of Portugal?
Prior to the euro, the official currency of Portugal was the Portuguese escudo.
*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.