What is the Currency in Finland?

Planning a trip to Finland? Whether you're excited about the Northern Lights in Lapland, a sauna by a Finnish lake, or exploring Helsinki’s unique blend of design and history, there’s one essential thing you’ll need to get straight before you go: What is the currency in Finland?

This guide will take you through everything you need to know about Finland's currency, from its current form and history to whether you should carry cash or rely on cards. We'll also cover the best ways to get your hands on some euros before you take off, so you're fully prepared for your adventure in this Nordic paradise. Ready to learn the ropes of spending in Finland? Let’s dive in!

What Currency Does Finland Use?

The official currency in Finland is the euro, symbolised by € and abbreviated as EUR. Finland adopted the euro on 1 January 2002, replacing its old currency, the Finnish markka. Today, the euro is used across the country for everything from shopping in Helsinki’s design district to enjoying a hot chocolate after a day of dog-sledding in the Arctic Circle.

Finland is part of the Eurozone, which means it shares the euro with 18 other European countries. So, whether you’re visiting just Finland or hopping around Europe, the euro is the currency you'll use throughout your trip.

Euro Denominations in Finland

The euro comes in both banknotes and coins, and you’ll use a mix of both during your time in Finland. Here’s a breakdown of the denominations you’ll encounter:

Banknotes:

5 EUR

10 EUR

20 EUR

50 EUR

100 EUR

200 EUR

500 EUR (rarely used)

Coins:

1 cent

2 cents

5 cents

10 cents

20 cents

50 cents

1 EUR

2 EUR

While the banknotes look the same across all Eurozone countries, coins have a unique national side. Finland’s euro coins feature designs that include the Finnish heraldic lion and a pair of swans in flight — a tribute to the country’s natural beauty and heritage.

For a closer look at euro banknotes and coins, visit the European Central Bank’s website.

Does Finland Use the Euro?

Yes, Finland uses the euro as its official currency. Since 2002, the euro has replaced the Finnish markka and is now accepted everywhere in Finland, from the capital city of Helsinki to the remote villages of Lapland. Whether you’re paying for a stylish meal in a restaurant or buying a souvenir in a market, euros are the only currency accepted in Finland.

While Finland had its own currency — the Finnish markka — for over a century, the euro has been the nation’s currency for over two decades.

You can easily exchange your pounds for euros before you travel by ordering online from Travelex, where you can have the currency delivered to your home or pick it up from one of our stores and major UK airports.

History of Finland's Currency

Before the euro, Finland’s official currency was the Finnish markka (FIM). The markka was a key part of Finnish identity and played an important role in the country’s economy for over 140 years.

The Finnish Markka

The Finnish markka was introduced in 1860 when Finland was part of the Russian Empire. It replaced the Russian rouble and helped Finland establish more autonomy over its financial affairs. When Finland declared independence in 1917, the markka became its official currency and remained so until 2002, when the euro replaced it.

At the time of the transition to the euro, the exchange rate was set at 5.94573 Finnish markka to 1 euro. Many older Finns still remember the markka fondly, but the euro has brought more stability and convenience, especially for trade and travel within Europe.

The Transition to the Euro

Finland was one of the first countries to adopt the euro. The euro was introduced electronically in 1999 and came into physical circulation in 2002, completely replacing the Finnish markka. The move was part of Finland’s broader integration into the European Union, and it helped simplify trade and travel with other European countries.

Today, the euro is the only legal tender in Finland, and most locals have long since embraced it as part of their everyday lives.

Where to Get Euros for Your Trip to Finland

Finland is a tech-savvy, modern country, and you’ll find that credit and debit cards are widely accepted — from trendy Helsinki cafes to remote Lapland lodges. Contactless payments and mobile wallets like Apple Pay and Google Pay are commonly used throughout the country, especially in urban areas.

However, it’s still a good idea to carry some cash, especially if you’re travelling to more rural areas or planning to shop in small markets where cards might not always be accepted. Cash can also come in handy for things like tipping (though tipping is not common in Finland), local transport, or buying snacks in small, remote villages.

You can easily buy euros before your trip by ordering online from Travelex. You can choose to have the currency delivered to your home or collect it from convenient locations around the country including major UK airports. For those who prefer not to carry too much cash, the Travelex Money Card is a great option. Load it up with euros, lock in your exchange rate, and use it for contactless payments or ATM withdrawals while you’re in Finland.

FAQs About Finland’s Currency

Does Finland Use the Euro?

Yes, Finland uses the euro (EUR) as its official currency. Since 2002, the euro has been the currency used for all transactions across Finland.

What Currency Was Used in Finland Before the Euro?

Before adopting the euro, Finland used the Finnish markka (FIM). The markka was in circulation from 1860 until 2002, when it was replaced by the euro as part of Finland’s integration into the Eurozone.

What Currency Is in Finland?

The official currency in Finland is the euro (EUR). It’s the only currency accepted for day-to-day transactions, from shopping and dining to public transport and entertainment.

Currency Symbol of Finland

The currency symbol of Finland is €, the same as for all Eurozone countries that use the euro. You’ll find this symbol everywhere in Finland, from price tags to restaurant menus.

How Much Cash Should I Bring to Finland?

While cards are widely accepted across Finland, it’s a good idea to carry some cash for small purchases, tips, or when visiting rural areas where card payments might not be accepted. Around 100-150 euros should cover smaller expenses. If you need more cash, ATMs are easily accessible throughout Finland.

Can I Use Other Currencies in Finland?

No, other currencies like US dollars or British pounds are not accepted in Finland. The euro is the only legal tender. If you're travelling from outside the Eurozone, make sure to exchange your money into euros before you arrive, or use your card for payments.

Ready to Buy Some Euros for Your Trip to Finland?

You’ve read the guide, packed your bags, and now it’s time to get your euros for Finland!

Buy euros online and enjoy free home delivery on orders over £500 or choose to click & collect from one of our convenient locations around the UK, including major airports. Get great rates and pay no commission when you buy online from Travelex.

Travelex Money Card

Prefer to travel cashless? The Travelex Money Card, powered by Mastercard®, is a secure and convenient way to spend in Finland. Load it with euros, lock in your exchange rate before you go, and use it for contactless payments or ATM withdrawals across the country. Your card isn’t linked to your bank account, so your money stays safe. The Travelex Money Card is accepted at millions of locations worldwide, wherever Mastercard prepaid is accepted. Get your Travelex Money Card now from Travelex.

Now that you’ve got all the details on Finland’s currency, you’re ready for your adventure! Whether you're exploring Helsinki’s vibrant design scene, chasing the Northern Lights in Lapland, or enjoying the serene beauty of Finland’s thousands of lakes, having your euros sorted will ensure a smooth, stress-free trip. Safe travels!