Everyone once in a while dreams to visit France. Apart from being the most demanded tourist destination, it is also popular for its prestigious educational institutions. Thousands of students every year visit France to pursue higher education. Many immigrate for work too.
So before you plan for your visit, make sure you know what currency is used in France and where you can buy some.
The national currency of France has changed from Franc to Euro in 2002. It has been the official currency since then. It is symbolised by € and EUR. Before this, the national currency was Franc. Franc first came into existence in 1360 and was represented with "F." However, Franc had a relatively unstable history compared to Euro.
The purpose of adopting the Euro was to promote growth, stability and economic integration in Europe. Initially, it was used as a currency only between the countries of the European Union.
After three years, Euro replaced the domestic currency of most of the EU nations. Even the nations that have not yet adopted the Euro as their domestic currency still pegs to it in some way. In fact, official documents refer to the Euro as 'The Single Currency.'
It is interesting to note that although France mints its coins, any coin from the Eurozone is valid in France. And the vice versa is also true.
The Euro banknotes come in denominations of €5, €10, €20, €50, €100, €200, and €500. The notes are of the same design but different in sizes and colours. While the coins come under one, two, five, ten, 20, and 50 cents and € 1 and € 2.
Apart from France, eighteen other countries under the European Union have replaced their national currencies with a single currency- the Euro.
Those countries are:
Austria- one of the first nations to adopt Euro in 1999
Luxembourg- 1999
Belgium- 2002
Finland- 2002
Germany- 2002
Greece- 2002
Ireland- 2002
Italy- 2002
Netherlands- 2002
Portugal- 2002
Spain- 2002
Slovenia- 2007
Cyprus- 2008
Malta- 2008
Slovakia- 2009
Estonia- 2011
Latvia- 2014
Lithuania- the last to adopt Euro in 2015
Apart from these, the Euro is also unofficially accepted in Kosovo and Montenegro.
You can buy Euro as your travel money from the bank, bureau de change and international airport. However, we would suggest trying an online alternative to these traditional methods.
It is because the traditional currency exchange agencies come with a bunch of drawbacks. Some of which are the following:
Hidden charges on margins
Lengthy procedure
Fixed exchange rate
The Currency Club is one of the most trusted organisations known for its seamless and easy transaction methods. So if you consider us for buying travel money, we guarantee completely transparent services at significantly lower exchange rates.
The other benefits of choosing us over the traditional methods are :
You will have access to check the live interbank exchange rates.
We do not levy additional charges on any exchange over the rates mentioned.
You get low-cost exchange rates on your travel money by availing our services.
You can also check and compare our currency exchange rates with other exchange providers.
We have a fixed fee for the services so that you are aware of what you are paying for at the end.
If you have some unused foreign cash after your trip, you can buy back the GBP directly from us.
People typically feel travelling to France for work or vacation is expensive. However, knowing the cost of the basic amenities will help you plan better.
Taxi: The average taxi fare in France can cost around 24 EUR per person.
Meal for two: Dining out at any mid-range restaurant will cost up to 13 EUR. You should also note that the breakfasts are cheaper than any other meals.
Hotel room: Accommodation for one person in a budget hotel typically costs about 120 EUR. Double-occupancy rooms cost begin from 245 EUR.
Yes, you can use ATMs in France and fortunately, the services are available in the English language as well. But make sure to click on "no conversion", "without conversion", or "debit in local currency" while processing the transaction.
Summary
As you have come this far, you are now aware of what currency is used in France and related information. So, buy your travel money from The Currency Club whenever you plan your trip. We will provide you with a hassle-free and completely transparent experience in purchasing currency. Unlike traditional methods, our exchange processes are quick and easy, so you can focus more on your vacation and worry less about sourcing the local currency.
We have made every effort to ensure that the information published here is correct and accurate, however you should check and confirm the latest exchange rates with The Currency Club directly prior to making a decision. The information published is general and does not consider your personal objectives, financial situation or particular needs. Full disclaimer available
The Currency Club's officers, employees, representatives or agents shall not be held liable for any damages or injury resulting from your access to, or inability to access this internet site, or from your reliance on any information provided on this site or any accompanying literature or documentation.
The information and material provided on this site has been collected on a best efforts basis and does not constitute an offer to sell or the solicitation of an offer to buy, any currencies or securities and must not be relied upon in connection with any investment decision.
Whilst we take reasonable care to keep the information on the website accurate and up to date, there may be occasions when this is not possible and figures, fees etc are all subject to change. All facts quoted about 'The Currency Club' on the website are in relation to group statistics and not individual subsidiaries, unless otherwise stated.
Blogs including examples or case studies are provided for your information only and are not intended to predict future moves in exchange rates.
If you are in any doubt as to the suitability of any foreign exchange product that you are intending to purchase from The Currency Club, we recommend that you seek independent financial advice first.
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