Barcelona Currency Exchange Rate and Money Tips

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Silhouette of a person wearing a mask inside a train with a scenic Barcelona view.
Credit: pexels.com, Silhouette of a person wearing a mask inside a train with a scenic Barcelona view.

Barcelona is a shopper's paradise, and you'll want to have some local currency, the Euro, to take advantage of the city's many markets and shopping districts.

You can exchange your money at a currency exchange office, a bank, or an ATM.

In Barcelona, it's best to avoid exchanging money at airports or tourist areas, as the rates tend to be less favorable.

The Euro is divided into 100 cents, and you'll find that many businesses in Barcelona also accept credit and debit cards.

See what others are reading: Currency for Barcelona Spain

Currency Exchange in Barcelona

Barcelona has a wide range of options for currency exchange, making it a great city to navigate with different currencies.

You can exchange currency at the airport, but it's not the most interesting option as rates can be less favorable compared to other options.

Banks in Barcelona are another option, but they often have higher fees and less competitive rates.

Online currency purchase is also an option, allowing you to buy foreign currency at a more favorable rate.

Credit: youtube.com, Best place to get money exchanged in Barcelona

You can also visit exchange houses in the city and province for a more interesting change.

Wise is a popular choice for sending and receiving money internationally, offering competitive rates, quick transfers, and transparent fees.

Fin.do is another alternative, allowing you to send money from and to any card across 150+ countries.

Bizum is primarily used for transfers between individuals with Spanish bank accounts linked to Bizum.

Western Union and MoneyGram have multiple branches in Barcelona, but may charge higher fees compared to online services like Wise.

Sending and Receiving Money

Sending and Receiving Money in Barcelona is a breeze with the right services. You can use Wise, a popular choice for international money transfers, which offers competitive rates, quick transfers, and sometimes lower costs than traditional banks.

Wise uses the mid-market exchange rate and has transparent fees. Fin.do is another alternative, allowing you to send money from and to any card across 150+ countries with multiple currencies and instant transfers.

Credit: youtube.com, What Currency Does Barcelona Spain Use? - Iberian Wonders

Bizum is primarily used for transfers between individuals with Spanish bank accounts linked to Bizum. It's an excellent option for locals but might not be suitable for travelers without a Spanish bank account.

You can also use services like Western Union and MoneyGram to receive money at various pickup locations around the city. They have multiple branches in Barcelona but may charge higher fees compared to online services like Wise.

A different take: Money Check in Spanish

Where to Buy USD

If you're looking to buy United States dollars in Spain, don't just think of banks. Banks in Spain charge a margin on the dollars you order, plus a fixed commission of 3% (with a minimum of six to ten euros).

This can make exchanging currency less interesting, and in most cases, it's recommended to exchange money at foreign currency providers instead. These businesses offer the option of ordering your dollars via collect in store or home delivery.

Credit: youtube.com, How to exchange US Dollars to EUROS (or any foreign currency) on vacation

Exchanging money at the airport is also a less favorable option, as it's much more expensive than using a foreign exchange supplier based out of the airport.

A fixed fee of between 6 and 10 euros is added to the exchange margin, making it more expensive to exchange larger amounts of euros to dollars. For example, if you exchange 100 euros to dollars, you'll pay a fixed fee of between 6 and 10 euros, on top of the exchange margin.

Frequently Asked Questions

How much is € 1 to $1?

As of 27/12/2024, 1 Euro is equivalent to approximately 1.0426 US Dollars. Check the live currency converter for the most up-to-date exchange rate.

Tommy Weber

Lead Assigning Editor

Tommy Weber is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With extensive experience in assigning articles across various categories, Tommy has honed his skills in identifying and selecting compelling topics that resonate with readers. Tommy's expertise lies in assigning articles related to personal finance, specifically in the areas of bank card credit and bank credit cards.

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