Ruqayyah Snyder
Vienna, Austria, is a cosmopolitan city with a range of attractions, from classical music concerts to picturesque streets and delicious wine. If you're planning a trip to Vienna, it's important to know which currency to use. Since January 1, 2002, Austria has used the Euro as its official currency, which is also used in 18 other European countries. This replaced the country's previous currency, the Schilling. Euro banknotes come in denominations of €5, €10, €20, €50, €100, €200, and €500, while coins are available in 1c, 2c, 5c, 10c, 20c, 50c, €1, and €2 values. ATMs, known as bankomats in Austria, are easily accessible in Vienna, and it is recommended to use these or a bank to obtain Euros, as they offer better exchange rates than currency exchange booths.
| Characteristics | Values |
|---|---|
| Currency | Euro |
| Currency Symbol | € |
| Currency Code | EUR |
| Number of Eurozone Countries | 19 |
| Previous Currency | Schilling |
| Previous Currency Symbol | ATS |
| Banknotes | €5, €10, €20, €50, €100, €200, €500 |
| Coins | 1c, 2c, 5c, 10c, 20c, 50c, €1, €2 |
| Common Card Types | Maestro, Visa, Mastercard, American Express, Thomas Cook |
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What You'll Learn
The official currency of Vienna, Austria, is the Euro
The Euro is made up of 100 cents and is denoted by the symbol €. The currency is issued by the European Central Bank. In Austria, the symbol for the Euro is usually written after the numeral, for example, 10€. Euro banknotes come in denominations of €5, €10, €20, €50, €100, €200, and €500. Euro coins come in denominations of 1c, 2c, 5c, 10c, 20c, 50c, €1, and €2.
In Vienna, it is common to find coins from other countries in circulation, as each country's coins are accepted across the Eurozone. German-minted coins are particularly common in Vienna due to the proximity of the two countries and the number of German tourists visiting the city. Additionally, three denominations of euro coins in Austria feature images of Austrian landmarks on one side and the common euro design on the other.
When visiting Vienna, it is recommended to carry some Euro coins for small purchases and services. For example, 50-cent coins are useful for shopping trolleys and lockers at museums, while 20-cent and 50-cent coins can be used for public toilets that charge a small fee. While Vienna is not a cashless society, it is worth noting that most establishments accept credit and debit cards. ATMs, known as "Bankomaten" in Austria, are widely available in Vienna, making it convenient for visitors to withdraw cash.
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Euro banknotes come in denominations of €5, €10, €20, €50, €100, €200, and €500
Vienna, the capital of Austria, uses the Euro as its official currency. The Euro is also the official currency of 12 other European countries. The symbol of the Euro is €, and one Euro is made up of 100 cents. Euro banknotes come in denominations of €5, €10, €20, €50, €100, €200, and €500. Euro coins come in denominations of 1c, 2c, 5c, 10c, 20c, 50c, €1, and €2.
It is important to note that while Vienna uses the Euro, other nearby cities like Budapest and Prague do not. Before travelling to these cities, it is advisable to research their local currencies.
ATMs in Vienna are called 'bankomats' and are prevalent across the city. They are a convenient way to withdraw cash, and major banks do not charge ATM fees to foreigners. However, your home bank may charge fees for using an ATM overseas and for currency conversions. It is recommended to notify your bank before travelling to avoid any issues with your card.
While Vienna is not a cashless society, it is a cosmopolitan city, and most establishments accept card payments. Credit cards are a safe and convenient option when travelling, offering a record of expenses and protection against theft or loss. However, some banks charge a service fee for transactions in a foreign currency, and using a credit card for cash advances can result in high interest rates.
When exchanging currency, it is generally recommended to use a bank rather than a currency kiosk, hotel, or shop to obtain the best rates. Foreign exchange booths and airport currency counters often have poor exchange rates and high fees. It is also worth noting that Vienna features coins from various countries due to the acceptance of each country's coins across the Eurozone.
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Euro coins come in denominations of 1c, 2c, 5c, 10c, 20c, 50c, €1, and €2
Vienna, the capital of Austria, uses the Euro as its official currency. The Euro is also the official currency of 12 other European countries, including Austria's neighbouring countries like Germany, France, Italy, Belgium, etc. The Euro currency was adopted in Austria on 1 January 2002, replacing the Austrian Schilling.
Austrian-minted Euro coins have images of Austrian landmarks on one side and the common Euro design on the other. For instance, the €2 coin features Bertha von Suttner, a Nobel Peace Prize winner in 1905. It is important to note that these coins are still Euros and can be used in any country that accepts Euros, despite their unique design.
When visiting Vienna, it is recommended to carry some Euro coins, especially 50c, €1, and €2 coins. These coins can be useful for various purposes, such as shopping trolleys, museum lockers, and public toilets. While Vienna is not a completely cashless society, it is worth noting that most establishments accept credit or debit cards. ATMs, known as "Bankomaten" in Austria, are easily accessible throughout the city, and it is generally more convenient and economical to obtain Euros from an ATM than through a currency exchange service.
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Vienna features on three Austrian-minted coins
The currency used in Vienna, Austria, is the Euro, which has been the case since January 1, 2002. Euro banknotes come in the following denominations: €5, €10, €20, €50, €100, €200, and €500. Euro coins come in the following denominations: 1c, 2c, 5c, 10c, 20c, 50c, €1, and €2.
Austria uses the full range of Euro coins, and interestingly, Vienna appears on three Austrian-minted coins. The designs on the coins differ depending on their denomination. The minor coins feature Austrian flowers, the middle coins showcase examples of architecture from Vienna, and the two major coins depict famous Austrians. All of the designs are by Josef Kaiser and include the 12 stars of the EU, the Austrian flag, and the year of imprint.
The Euro coins minted in Austria have images of Austrian landmarks on one side and the common Euro design on the other. For instance, the €2 coin features Bertha von Suttner, the 1905 Nobel Peace Prize winner.
Before 2008, Austrian Euro coins featured the old common side with national borders, but from 2008 onwards, the design changed to the new common side without borders. In addition, Austria has a collection of Euro commemorative coins in silver and gold, with face values ranging from €5 to €100.
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Euros can be withdrawn from ATMs in Vienna
Vienna, Austria's official currency is the Euro, which has been the case since January 1, 2002. Euros can be withdrawn from ATMs in Vienna, and there are plenty of these machines around the city.
ATMs are available at the airport and across the city, both bank-based and privately-owned. Bank-based ATMs do not charge a fee and dispense Euros only, whereas private ATMs may charge a fee. Bank-based ATMs also offer a language choice, and a "bill mix" button to select the variety of bills.
It is recommended to use a debit card for cash withdrawals, as they offer more favourable rates than credit cards. It is also worth noting that some credit card companies consider ATM withdrawals as cash advances and start charging interest immediately.
It is a good idea to contact your bank before travelling to find out if there are any transaction fees when withdrawing euros at an ATM in Vienna, or elsewhere overseas. It is also worth checking if your bank has any reciprocal arrangements with Austrian banks.
It is possible to use Google Maps to find the nearest ATM and check how to get there.
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Frequently asked questions
The currency used in Vienna, Austria, is the Euro. The symbol for the Euro is € and each Euro is made up of 100 cents.
Euro banknotes come in €5, €10, €20, €50, €100, €200, and €500 denominations. Euro coins come in 1c, 2c, 5c, 10c, 20c, 50c, €1, and €2 denominations.
It is recommended to exchange currency at a bank, rather than a currency kiosk, hotel, or shop, to get the best rates. Most banks in Vienna are open Monday to Friday from 8:00 am to 12:30 pm and from 1:30 pm to 3:00 pm, and until 5:30 pm on Thursdays. ATMs (called 'bankomats' in Austria) are also a convenient way to obtain Euros and can be found everywhere in Vienna.
