LUXEMBOURG

(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, 2 and 1 cents.

US DOLLAR ACCEPTED?

No

CREDIT/DEBIT CARDS AND ATMS:

Most major credit cards are widely accepted. ATMs are also widely available. Note some shops and businesses may require a minimum spend of around €10 to use a credit or debit card.

CURRENCY EXCHANGE:

There are many ways to access foreign currency services, including banks, bureaux de change and stations.

TRAVELLER'S CHEQUES:

These are best in Euros, Sterling or US dollars and are widely accepted.

BANKING HOURS:

Mon-Fri 0830-1630

CURRENCY RESTRICTIONS:

N/A

COUNTRY OVERVIEW:

The Grand Duchy of Luxembourg is the only Grand Duchy remaining in the world. It is located in Western Europe and is small - around 999 square miles. It is ruled by a Grand Duke and has a parliamentary representative democracy. The official languages spoken are German, French and Luxembourgish.

POPULATION:

Under half a million

ECONOMY:

The economy of Luxembourg is prosperous and is dominated by the industrial and financial sectors. It is known as the key private banking centre in the Eurozone. Many important internet sites have now based their headquarters in Luxembourg.