Official currency in Spain’s is the euro (€). Money can be changed in banks, at most travel agencies and foreign exchange offices. The exchange offices (cambios) are located in most tourist places, they are open longer than banks, but usually give worse exchange rate and sometimes also charge high commissions.

ATMs are widely available are also a very convenient way of getting cash by using a debit or credit card, plus ATMs usually give a better exchange rate than cash exchanges.

Credit cards - American Express, Diners Club, MasterCard and Visa - are widely accepted in Spain.

Traveler's checks (Visa, Amex and Travelex) are widely accepted and can be exchanged at banks and exchange offices.

Banking hours are usually Mon-Fri 8:30am to 2:00pm. Some banks may also open Thursday evenings and/or Saturday morning.

Taxes

The value-added tax (VAT, or IVA in Spain) of 16% on most goods, is included in prices. Visitors from outside European Union can claim the tax refund when leaving the EU, provided that the total purchase is more than €90.16. Ask for a refund form at the store and bring it, together with the receipt and purchased goods to the tax office at the airport.

Current Euro Rates

For other currencies or conversion amounts go to Currency Converter