PORTUGAL

(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?

CREDIT/DEBIT CARDS AND ATMS:

All major credit cards are accepted.

CURRENCY EXCHANGE:

Currency exchange is available at banks and bureaux de change. Check in advance if unsure on rates, as some banks charge commission and charges on amounts less than €25. Note there are many ATM machines which carry the MultiBanco symbol MB, and these only charge 1 to 2% commision.

TRAVELLER'S CHEQUES:

These are widely exchanged and are best in Euros.

BANKING HOURS:

Mon-Fri 0830-1500. Note many banks in the capital open until 1800.

CURRENCY RESTRICTIONS:

Export of gold, silver and other valuables is limited to a value of €149.64 and may be subject to conditions - check in advance.

COUNTRY OVERVIEW:

Portugal is officially called the Portuguese Republic and is located on the Iberian Peninsula in Western Europe. Portugal once had control over a global empire. The capital is Lisbon and the official language is Portuguese.

POPULATION:

Around 11 million.

ECONOMY:

The main elements of Portugal's economy is based on the industry and services sectors. Tourism is a key element of the services sector. It was one of the first countries to join the Euro in 1999, and is a developed country.