Ireland is a popular tourist destination, and navigating the local currency can be a challenge for visitors. The Euro is the official currency of Ireland, and it's accepted everywhere.
You can exchange your money for euros at airports, banks, and currency exchange offices. Many hotels and restaurants also exchange currency, but the rates might not be as favorable.
In Ireland, credit and debit cards are widely accepted, making it easy to pay for goods and services.
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Currency Options in Ireland
The currency in Ireland can be a bit confusing, but let's break it down. The Republic of Ireland uses the Euro, while Northern Ireland uses Pound Sterling.
You'll find ATMs in busy cities and towns, but they can be scarce in villages. I learned that the hard way when I visited Portmagee in Kerry and had to drive 25 minutes to find an ATM.
In Northern Ireland, some places, especially those near the border, might accept Euros, but it's not a guarantee. You'll need to check if they do or don't before making a purchase.
For another approach, see: Republic of Ireland Currency before Euro
You can withdraw money from ATMs in Ireland, but be prepared for a fee, especially if you use a credit card. If you're planning to withdraw money, it's a good idea to have a debit card.
The Euro has various denominations, including banknotes in 5, 10, 20, 50, 100, and 200 euros. Coins are available in 1, 2, 5, 10, 20, and 50 cents, as well as 1 and 2 euros.
Paying in Ireland: Euros or Local Currency?
Northern Ireland uses Pound Sterling, so if you're visiting from the UK, you'll be familiar with the currency. However, it's always a good idea to have some local currency, just in case.
Some places in Northern Ireland, especially those near the border, might accept Euros, but it's not guaranteed. You'll need to check with each business to see if they accept Euros.
In contrast, the Republic of Ireland uses the Euro, but you might still encounter some places that prefer or only accept Pound Sterling. This is especially true for smaller businesses or those in more rural areas.
If this caught your attention, see: Sterling & Currency
If you're planning to travel extensively throughout Ireland, it's a good idea to have a mix of both currencies. However, it's worth noting that some businesses might not accept credit cards, so it's always a good idea to have some cash on hand.
Here are some key things to keep in mind when it comes to paying in Ireland:
- ATMs are widely available in cities and towns, but can be scarce in rural areas.
- You'll be charged a fee for withdrawing money from an ATM, especially if you use a credit card.
- Some merchants might ask if you want to pay in Pounds or Euros. Always choose Euros to avoid being charged a less competitive exchange rate.
- If you're using a UK credit or debit card, your balance will be converted to Euros at the time of payment, which might not be the best exchange rate.
- Be aware of the fees associated with using your debit or credit card abroad, including currency conversion fees and transaction charges.
Managing Money in Ireland
The Republic of Ireland uses the euro, while Northern Ireland uses the pound sterling, so it's essential to have the right currency for each part of your trip.
Some department stores exchange money, which can be a convenient option.
Make sure your luggage is under the weight limit when traveling to avoid extra fees.
Be careful of ATMs with high fees, as they can add up quickly.
Your regular credit card may draw huge fees when used in Ireland, so it's best to check with your bank beforehand.
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Some stores in Northern Ireland will accept euros, but it's always best to check before attempting to make a purchase.
Here are some key things to keep in mind when managing your money in Ireland:
- Check with your bank about any foreign transaction fees
- Inform your bank of your travel plans to avoid account restrictions
- Use ATMs affiliated with your bank to minimize fees
- Keep some cash on hand for small purchases and emergencies
Understanding Irish Currency
Irish currency denominations are the same as the rest of the EU, with banknotes available in 5, 10, 20, 50, 100, and 200 euros.
You can also find coins in various denominations, including 1, 2, 5, 10, 20, and 50 cents, as well as 1 and 2 euros.
It's worth noting that a 500 euro note was originally issued in 2002, but it's no longer being issued and can be difficult to exchange or use in Ireland.
Currency in Ireland
The official currency in the Republic of Ireland is Euro. In Northern Ireland, however, you'll be using Pound Sterling.
You can take out money in Ireland via ATMs, which are plentiful in busy cities and towns. Be aware that ATMs can be scarce in villages, as I found out when I arrived late in the evening in Portmagee with just my debit card.
You'll be hit with a fee if you use your credit or debit card to withdraw money from an ATM. The fee will be heavier if you withdraw with a credit card.
Additional reading: Best Way to Use Credit Cards
Irish Currency Denominations
In Ireland, you'll find a range of banknote denominations, including €5, €10, €20, €50, €100, €200, and €500.
The €500 note is no longer being issued and can be tricky to exchange or accept in some places.
Banknotes are available in denominations of 5, 10, 20, 50, 100, and 200 euros.
Coins come in handy denominations like 1c, 2c, 5c, 10c, 20c, 50c, €1, and €2.
Some places may not accept a €500 note if they don't have change, so it's best to avoid them if possible.
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