Everything you need to know
Spain Currency
Travelling to or living in Spain? 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 TransferGo card in Spain
The TransferGo card helps you spend smarter in Spain. Pay in local shops, withdraw cash from ATMs, and enjoy contactless or virtual payments — all while avoiding hidden bank fees and poor exchange rates. Everything is managed from the app, so you’re always in control of your money.
What is the currency in Spain?
The official currency of Spain is the euro
Before the euro, Spain used the peseta (ESP).
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 Spain
Spain is card-friendly, but cash is still widely used, especially in smaller towns and markets. Debit and credit cards are accepted in most shops and restaurants, and mobile wallets are common in cities. For taxis and smaller businesses, cash may still be expected. 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 Spain
ATMs are common: but watch for withdrawal fees.
Markets and taxis: often prefer cash.
Airport exchanges: poor rates—better to withdraw locally.
Budget tip: Spain is mixed—cards in cities, cash in villages.
With TransferGo, you can send money to Spain instantly or use your TransferGo card to pay in shops and withdraw euros at fair rates.
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Frequently asked questions
What is the official currency used in Spain?
The euro (EUR, €).
What is the official currency used in Spain?
Symbol: € | Code: EUR
Can I use my home currency in Spain?
No, only euros are accepted.
How can I use the TransferGo card in Spain?
Just activate it in the app and start spending — online, in stores, or at ATMs.
Is it better to use cash or card when spending in Spain?
Both—carry cash for markets and small towns.
Are credit or debit cards widely accepted in Spain?
Yes, especially in tourist areas.
Are there ATMs available in Spain, and are there withdrawal limits?
Yes, in cities and resorts.
Can I use a TransferGo card in Spain?
Yes! You can use your TransferGo card for spending, withdrawing, or managing your money— with fair rates and no hidden fees.