Everything you need to know
Italy Currency
Travelling to or living in Italy? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.
Use the GoCard in Italy
Open a UK bank account with us and get a GoCard for smarter spending in Italy. Pay in local shops, use ATMs globally, and enjoy contactless payments—all with zero hidden fees. Everything is managed from the app. Available only to UK and EU residents.
What is the currency in Italy?
The official currency of Italy is the euro
Before the euro, Italy used the Italian lira (ITL).
EUR, €
Banknotes
€5
€10
€20
€50
€100
€200
€500
Coins
1
2
5
10
20
50 cents
€1
€2
Popular Euro pairings
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Z
How to spend money in Italy
Cards are widely accepted in cities, but cash is still very common, especially in smaller towns, markets, and family-run businesses. In rural areas, expect cash to be preferred. Contactless is growing, but always keep some notes and coins. Tip: Always choose to pay in local currency (EUR) to avoid extra conversion charges. With TransferGo, you can spend confidently and save on hidden bank fees.
Tips for exchanging money in Italy
ATMs are the best option: better rates than exchange desks.
Cash for small purchases: bakeries, cafés, and taxis may prefer it.
Avoid airport kiosks: high fees and poor rates.
Budget tip: rural and southern Italy leans more on cash.
With TransferGo, you can send euros directly to Italy or pay with your GoCard, avoiding poor bank exchange rates.
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Frequently asked questions
What is the official currency used in Italy?
The euro (EUR, €).
What is the official currency used in Italy?
Symbol: € | Code: EUR
Can I use my home currency in Italy?
No, only euros are accepted.
How can I use my GoCard in Italy?
Just activate it in the app and start spending—online or in stores.
Is it better to use cash or card when spending in Italy?
Both, but carry cash for small businesses.
Are credit or debit cards widely accepted in Italy?
Yes, in cities and tourist spots.
Are there ATMs available in Italy, and are there withdrawal limits?
Yes, everywhere.
Can I use a GoCard in Italy?
Yes! You can use your GoCard for spending, withdrawing, or managing your money—with fair rates and no hidden fees.