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 GoCard in Spain
Open a UK bank account with us and get a GoCard for smarter spending in Spain. 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 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 GoCard 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 my GoCard in Spain?
Just activate it in the app and start spending—online or in stores.
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 GoCard in Spain?
Yes! You can use your GoCard for spending, withdrawing, or managing your money—with fair rates and no hidden fees.