AUD to EUR

Many Italian restaurants and shops prefer cash, making it essential that you have a little on hand as you travel. While it can be better value to buy the currency before you go (see our section on that below), you can also get currency once you arrive in the country.

The most popular ways to exchange currency in Italy is by using ATMs, currency exchange outlets, or travellers cheques.

Compared to many other countries in Europe and around the world, Italy remains a predominantly cash-driven society.

While you can still use your bank card in many establishments, many Italian restaurants, cafes, shops, and hotels still prefer cash.

Visa and Mastercard are accepted almost without issue across Italy, although American Express is harder to use and you may pay a higher surcharge.

The bank card product you choose will determine how much you end up paying in additional fees and charges.

Hot tip: When using your bank card, watch out for dynamic currency conversion (DCC). This is where you'll be asked whether you'd like to pay in the local currency or your home currency. Always choose the local currency! DCC is well known to provide poor currency conversion rates and you may pay additional fees for the service.

It's handy to cost out your trip before you go so you know just how much money to exchange. Prices vary across Italy but here are some average costs:

best time to buy euros with Australian dollars

2022 AUD EUR Dollar Forecasts

This article looks at what the banks are predicting for the AUD to EUR exchange rate over the long term in 2022.

Why the Australian dollar is so weak against these major currencies

  In the past 12 months, the Australian dollar has been sent lower against US dollar, New Zealand dollar and the British pound. The exchange rate is also slightly down against the Japanese yen and Euro. It's largely because of two large influences over the Australia dollar – interest rates and commodity prices. The strength or weakness of the Australian dollar exchange rate is also impacted by the value of the other currency. For example, if the US dollar gets stronger in its own right, then all other things being equal, the Australian dollar will weaken and the AUD to […]

Currency in Europe

Currency in Europe

The 2021 Travel Money Guide to Currency in Europe Travelling to Europe is considered a 'right of passage' by many Australians. In fact it is one of the most popular places to travel to from Australia. With countries like France, Germany, Italy and Spain there is no shortage of fabulous things to see, eat and experience. To make your savings go even further, read our easy to read guide on currency in Europe. This guide helps you with the following: The official currency of Europe The pros and cons of using a bank card in Europe What the Euro looks […]