FINLAND

(EUR) Currency News >>

CURRENCY:

Euro - EUR, Symbol €

DENOMINATIONS:

NOTE: €500, 200, 100, 50, 20, 10 and 5.

COIN: €2 and 1, and 50, 20, 10, 5 cents.

NOTE: 1 and 2 cent coins are not used in Finland.

US DOLLAR ACCEPTED?

CREDIT/DEBIT CARDS AND ATMS:

Most major credit cards are widely accepted in Finland, and ATM machines are also widespread.

CURRENCY EXCHANGE:

This can be done at banks, bureaux de change and post offices. Note that banks may charge higher commissions.

TRAVELLER'S CHEQUES:

These are best in Euros, Sterling or US dollar. Note that you may be charged less commission in exchange offices and shops than in banks with these.

BANKING HOURS:

Mon-Fri 0900-1630 (Note that in some regions, these times may vary - check in advance)

CURRENCY RESTRICTIONS:

Export of local and foreign currency only up to the amount imported.

COUNTRY OVERVIEW:

Finland is officially called the Republic of Finland and is a Nordic country. The capital is Helsinki and the official languages are Finnish and Swedish. Historically part of Sweden and then part of the Russian Empire, the country declared independence in 1917 which caused civial war followed by wars against the Soviet Union and Nazi Germany. Finland joined the EU in 1995.

POPULATION:

Around 5 million.

ECONOMY:

The economy of Finland is highly industrialized and operates under a free market system. A key sector is manufacturing, second to the services sector. The country has many other elements such as natural resources paper factories and agriculture sectors. It has been ranked as the second most stable country in the world.