5:27 am - Wednesday September 20, 2017

France Currency

Euro became France currency in the year 2002. Up until then, the French Franc was in use for several years. The smaller denominations of Euro come in coins of cents. The smallest denomination of paper Euro is 5 and 500 is the highest while cents range from 5 to 50. € is the symbol of Euro. The French Euro coins have the 12 stars of the EU along with the year imprinted on them. The letters RF for French Republic can also be seen in all the French coins. The value of 1 Euro in Us Dollar is approximately 1.26, 0.80 in British Pound, 1.29 in Canadian Dollar and 1.25 in Australian Dollar. Know that these are the rates at the time of the publishing, which does not get updated. Browse to know the current Euro value.

Exchange of Currency

french currency If you are moving to France from US or other continent, add to your checklist to exchange currency in the last two days of your stay. If you are already in France, it’s recommended to do your currency exchanges at banks and post offices rather than hotels, airports and railways. Banks and post offices offer good rates comparatively. However, they work in fixed hours, so exchanges cannot be done at anytime of the day. Banks are generally open from 9 in the mornings and close by 4 in the evenings. Keep in mind French people take leisure time out for lunch and snacks break, so you will not be able to avail bank services around 2 in the afternoons.

Tips to save Euros in France

• While on a tour, your major expenses would be on entry fees for museums and theme parks. Hotels in France and food outlets are relatively cheaper. So it is advisable to check out for discount offers through various sources before you buy tickets.
• Accommodation in big cities like Paris is very expensive. To save money you can plan to stay in a near-by city like Chartres which is well-connected by trains to Paris.
• When you know you need to do long travel by train, rail passes can save a few Euros, especially if a large family accompanies you.
• It is helpful to have a currency converter tool in your mobile phone when you travel. While doing shopping, you can compare prices between France and your home place to decide if it’s worth buying the item in France. If the same item is available at a lower cost in your own place, you can save that money for other expenses in France.

 

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