What is the currency in Greece?
If you’re planning a trip to the fabulous destination of Greece, this guide explains everything you need to know about the currency in this country. Wondering about what currency Greece uses and if you can pay by card here? We’ve got it covered for you.
Currency in Greece
What currency does Greece use? It’s a common question—and the answer is the euro. Greece was one of the 12 countries that started using euro notes and coins in January 2002.
Today, as one of the 20 countries that use euros, it’s very easy to buy currency for a holiday in Greece. If you want to secure a good rate for your travels, you can buy your euros in advance or check the most up-to-date British pound to euro exchange rate.
What was the currency in Greece before the euro?
People often ask about Greek currency before the euro, which was the drachma. Drachma coins were some of the earliest currencies ever used—they were in wide circulation as early as the 6th century.
Drachma were replaced for a short time in the 19th century by a new currency called the phoenix. Having gained independence from the Ottoman Empire, Greek leaders decided to bring in this new currency in 1828. It was short-lived, however, and the historic drachma was reinstated just four years later.
What are the denominations of the euro?
One euro is made up of 100 cents.
Euro coins
- 1 cent
- 2 cent
- 5 cent
- 10 cent
- 20 cent
- 50 cent
- €1
- €2
Main euro banknotes
- €5
- €10
- €20
- €50
- €100
There are also €200 and €500 notes, but these are less common because of their very high value.
Can I use my bank card in Greece?
Many shops, hotels, and restaurants in Greece will accept payment by credit or debit card—but do remember that there are often hidden fees when you use your card abroad, especially if you opt to pay in British pounds instead of the local currency. Speak to your bank to understand what it will cost you to use your card for payments in Greece.
Mastercard and Visa are generally accepted in outlets, and contactless payment is the norm. Not many places may accept American Express and Diners Club cards, so it can help to have an alternative to hand if needed.
Bear in mind that the Travelex Money Card, powered by Mastercard® lets you make contactless payments and can also help you manage your holiday budget. Keep an eye on your spending through a Travelex Money App—and make top ups if needed.
While it’s increasingly possible to use contactless payments in Greece, it’s always a good idea to carry some euros in cash for taxis, buses, snacks, and drinks.
Using ATMs in Greece
ATMs are widely available in Greece, although in very remote islands you may need to travel to find one. Again, there are often transaction fees and exchange costs that could make it costly to withdraw money. Every bank is different, so check before you travel.
Our Travelex Money Card can also be used to withdraw cash at an ATM if needed.
How much currency will I need to travel to Greece?
The amount of euros you will need for your trip to Greece will depend on a few factors. Here are a few things to consider in working out how much cash to take to Greece.
While you can use a card for some of these expenses, cash can sometimes be simpler and faster—especially if you’re heading into more remote areas.
Food and drink
Many people choose all-inclusive or full board options in their hotels. In this case, you won’t need to worry about money for food and drinks unless you plan to leave your resort.
However, Greece has a very rich food culture, and you may find that exploring local bars and restaurants gives you a more authentic experience of Greece. Having some extra currency to hand will allow you to pay for these meals, and leave any tips for service staff.
Accommodation
Usually, you'll pre-pay for hotels and apartments before travelling. But if you’re travelling around the Greek islands or haven’t pre-booked, you might need to factor that into your budget.
Sightseeing and experiences
If you plan to visit some sights while you’re in Greece and take part in activities such as boat trips to some of the Greek islands and scuba diving, you’ll need extra cash to fund these.
Transportation
Will you be taking buses, taxis, or island-hopping on boats and ferries while you’re in Greece? Or hiring a car for a few days? These are all additional costs to consider.
Get your euros delivered right to your door!
Most travellers like to be well prepared for their holiday, and it’s always helpful to have some local currency to hand when you arrive at your destination.
You’ll get our best rates at Travelex by ordering your euros in advance. Choose whether to buy cash, to load up a Travelex Money Card—or both. Order online and choose home delivery or collection from your nearest Travelex store.
Want to learn more about Greece and what to expect on your trip? Take a look at our Greece travel guide. And if you’re aiming to keep costs down on your trip, don’t miss our budget travel guide to Greece.
