What Types of Money Will You Need for France

A detailed close-up shot of 10 and 20 euro banknotes placed on a smartphone, representing finance and technology.
Credit: pexels.com, A detailed close-up shot of 10 and 20 euro banknotes placed on a smartphone, representing finance and technology.

France has a cash-based economy, so it's essential to have a good understanding of the types of money you'll need to make the most of your trip.

The official currency of France is the Euro, and you'll find that most businesses, restaurants, and shops accept it. You can exchange your currency for Euros at a bank or currency exchange office before you arrive in France.

You'll also find that many places in France accept credit and debit cards, including major cities and tourist areas. However, it's still a good idea to have some cash on hand, especially when visiting smaller towns or rural areas.

Currency and Exchange

The official currency of France is the euro, which replaced the French franc in 2002. You can exchange your foreign currency into euros at various locations in France.

One euro is divided into 100 cents, making it easy to break down larger transactions. Banknotes range from €5 to €500, while coins range from 1 to 50 cents, as well as €1 and €2 coins.

The exchange rate between the euro and US dollar is approximately 1 euro to 1.17 US dollars, based on a July 2018 exchange rate. You can use an online currency converter to check the current exchange rate during your stay in France.

Costs and Prices

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Accommodation costs in France can be quite reasonable, with budget options starting from around $19 (EUR 18) per day.

You can find accommodation options that fit your budget, from hostels to hotels, and even apartments for rent.

For food, you can expect to pay around $19 (EUR 18) per day for a budget meal, while mid-range restaurants will set you back about $47 (EUR 45) per day.

Here's a breakdown of daily food costs in France based on different restaurant types:

Attractions and entertainment in France can add up, but the average daily cost is around €33 (approximately $34).

Costs and Prices for Tourists in France

Accommodation costs in France can vary greatly depending on the type of accommodation you choose.

Budget-conscious travelers can expect to pay around $53 (EUR 51) per night for a basic hotel room.

For mid-range accommodations, prices start at around $165 (EUR 158) per night.

Luxury hotels can cost upwards of $601 (EUR 576) per night.

Credit: youtube.com, How Much Does It Cost to Travel in France? - France Fact File

Here are some average daily costs for different travel styles in France:

Budget-conscious travelers can expect to spend around $616 (EUR 590) per week in France, while mid-range travelers can expect to spend around $1,785 (EUR 1,711) per week.

High-end travelers can expect to spend upwards of $5,810 (EUR 5,569) per week in France.

Daily Food Costs France

Daily food costs in France can vary significantly depending on where you choose to eat.

If you're on a tight budget, consider buying food from local markets and stores, where a meal can cost as little as $19 (EUR 18) per day.

Mid-range restaurants offer a more affordable option, with an average daily cost of $47 (EUR 45).

Luxury establishments, on the other hand, can be quite pricey, with a daily cost of $113 (EUR 108).

Here's a breakdown of the average daily costs for meals in France:

France Tourist Attractions Costs

France is a popular destination for tourists, and understanding the costs of visiting attractions is essential for planning a trip. The average daily cost for visiting attractions and entertainment in France is €33 Euros ($34).

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If you're looking to visit iconic landmarks, the Eiffel Tower is a must-see. Located in Paris, it offers panoramic views of the city from its observation decks.

The Louvre Museum is another world-renowned attraction, housing thousands of works, including the Mona Lisa and the Venus de Milo. It's a great place to spend an afternoon exploring.

The Palace of Versailles is a historic royal residence known for its opulent architecture, gardens, and the Hall of Mirrors. It's a great place to learn about French history and culture.

To give you a better idea of the costs involved, here's a breakdown of some of the top tourist attractions in France:

Tipping in France is generally around 10-15% of the bill when you're happy with the service.

Payment Methods

In France, you'll have several payment methods to choose from. Credit and debit cards are widely accepted, especially in built-up areas or larger stores or retail chains.

You can use credit and debit cards for larger purchases or when in a busy tourist area. However, be prepared for smaller stores, markets, or cafes that are cash-only.

Payment Methods France

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In France, you'll have a few different ways to pay for your expenses. Credit cards are widely accepted in most stores, restaurants, and hotels.

Contactless payments are also common, and you can use your credit or debit card to make quick transactions. I've used contactless payments myself in Paris and found it to be very convenient.

Mobile payments are another option, with many banks and services offering mobile wallets that can be used to make payments. You can even use your phone to pay for public transportation in some cities.

Cash is still widely accepted, especially at smaller shops and markets, so it's a good idea to have some euros on hand. I like to carry a mix of cash and credit cards when traveling to be prepared for any situation.

Credit Cards

Credit cards are widely accepted in France, especially in built-up areas and larger stores or retail chains.

You'll find they're perfect for bigger purchases or when you're in a busy tourist area. However, be prepared for smaller stores, markets, or cafes that are cash-only.

In fact, credit and debit cards are very useful for larger purchases, or if you're in a busy tourist area.

Money to Take

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When planning a trip to France, it's essential to consider how much money you'll need. The official local currency used in France is the Euro (€), and you'll need to have some cash on hand for small purchases.

You can estimate your expenses based on your travel style: budget, mid-range, or high-end. Here are some handy estimates to help you plan: Travel StyleAverage Daily costOne Week costBudget (Cheap)$88 (EUR 84)$616 (EUR 590)Mid-range$255 (EUR 244)$1,785 (EUR 1,711)High-end (Luxury)$830 (EUR 796)$5,810 (EUR 5,569)

Many stores, restaurants, and hotels in France prefer card payments, so it's a good idea to have a card on hand. However, it's still a good idea to keep some cash for small purchases, especially in rural areas.

Some ATMs may charge extra fees for foreign cards, so be sure to check with your bank beforehand. Using an international travel debit card can make overseas spending cheaper.

Try to keep a bit of cash on you, especially if you plan to visit smaller shops, markets, or rural areas, as some locations may not accept cards.

Understanding French Currency

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The official currency of France is the Euro, denoted by the symbol €. You'll see this symbol on store signs, restaurant menus, and even on your hotel bill.

The Euro replaced the French franc in 2002, and it's been the official currency ever since. You can exchange your money for Euros at a bank or currency exchange office, or use an ATM to withdraw Euros from your debit or credit card.

Here's a quick overview of the Euro's characteristics:

It's worth noting that while cash is still widely accepted in France, many businesses prefer card payments, so it's a good idea to have a mix of both.

Currency Used in France

The currency used in France is the Euro, which replaced the French franc in 2002. It's the official currency of France and is used by most European Union countries.

You'll see the Euro symbol, €, on store signs, restaurant menus, and ATMs. The Euro is divided into 100 cents, with banknotes ranging from €5 to €500 and coins from 1 to 50 cents, as well as €1 and €2 coins.

Credit: youtube.com, French Currency - Euro

The exchange rate between the Euro and US dollar is approximately 1 Euro = 1.17 US dollars, although this can fluctuate. It's a good idea to check the current exchange rate using an online currency converter before your trip.

You can use an international travel debit card from a provider like Wise to make overseas spending cheaper. Some ATMs may charge extra fees for foreign cards, so be aware of these potential costs.

Here's a quick rundown of the Euro's key details:

It's worth noting that while cash is still used in France, many stores and restaurants prefer card payments, making it more convenient and secure to use a card instead.

What is the French Franc?

The French Franc was the national currency of France prior to its adoption of the euro in January 2002. It was administered by the Bank of France.

The French Franc was comprised of 100 subunits, or 'centimes'. This might seem like a lot to keep track of, but it's actually a pretty standard way to divide up a currency.

Credit: youtube.com, French banknotes French franc money currency of France before the Euro.

The Franc was available in coin denominations of 1, 5, 10, and 20 centimes, as well as 0.5, 1, 2, 5, 10, and 20 francs. You can imagine how convenient it would be to have so many options when making change.

Its banknotes were available in denominations of 20, 50, 100, 200, and 500 francs. These larger denominations would have been especially useful for bigger purchases.

Timothy Gutkowski-Stoltenberg

Senior Writer

Timothy Gutkowski-Stoltenberg is a seasoned writer with a passion for crafting engaging content. With a keen eye for detail and a knack for storytelling, he has established himself as a versatile and reliable voice in the industry. His writing portfolio showcases a breadth of expertise, with a particular focus on the freight market trends.

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