What is the currency and exchange situation in Italy?
The currency used in Italy is the Euro. Exchange Rates: The exchange rate for the Euro fluctuates often. You may find the current exchange rates in the financial sections of newspapers and on the Internet. You may also find a number of websites by typing “foreign exchange rates” in your search engine. Two specific websites are: xe.com and money.cnn.com/markets/currencies. Currency Exchange: Many locations will accept major credit cards, but for incidentals and small vendors you will need some local currency. ATM machines will dispense local currency for internationally accepted ATM cards and/or credit cards. They are usually conveniently located in large cities, but are limited in smaller towns and rural areas. You may exchange cash and traveler’s checks for local currencies at hotels, banks and exchange bureaus. Banks offer the best rates, but beware, hours are limited in Italy. They are generally open from 9 a.m.-12 noon and 2-5 p.m. Credit Cards: Your credit card will be accepted to
