Does Ireland Use GBP or Euro? A Comprehensive Guide to Currency in Ireland
Ireland’s currency can be confusing for visitors. This guide clarifies whether Ireland uses the British pound (GBP) or the euro, explains how to exchange money, and offers practical spending advice for your trip.
Understanding Currency in Ireland: Euro vs. GBP
The Republic of Ireland uses the euro (€) as its official currency. This includes popular cities like Dublin, Cork, Galway, and Killarney. However, Northern Ireland, which is part of the United Kingdom, uses the pound sterling (£). This distinction is crucial for planning your trip. If your itinerary is confined to the Republic of Ireland, you’ll only need euros. If you plan to visit Northern Ireland, including Belfast or the Giant’s Causeway, you’ll need pounds sterling.
Exchanging Currency for Your Irish Adventure
It’s generally recommended to exchange your currency before arriving in Ireland to secure the best exchange rates. Avoid exchanging money at airports or tourist attractions as they often charge higher fees and offer less favorable rates. ATMs are widely available throughout both the Republic of Ireland and Northern Ireland, allowing you to withdraw euros or pounds sterling directly. However, be aware of potential international transaction fees charged by your bank. Irish banks generally require you to open an account to exchange currency, and post offices don’t typically offer dollar-to-euro exchange services. For up-to-date exchange rates, refer to reputable online currency converters like XE.com.
Using Credit Cards in Ireland
Most major credit cards, including Visa and Mastercard, are widely accepted in the Republic of Ireland. However, American Express, Diner’s Club, JCB, and Discover cards are not as widely accepted. Ensure you have a suitable alternative if you primarily use one of these cards. Always choose to pay in the local currency (euro or pound sterling) when given the option, as this usually offers the best exchange rate.
Cash vs. Card: What to Use in Ireland
While credit cards are widely accepted in cities and larger towns, having some cash on hand is advisable, especially when visiting smaller towns, rural areas, or markets. Some smaller businesses may not accept cards, and cash is necessary for tipping. Remember to inform your bank about your travel plans to avoid any issues with your cards being blocked due to unexpected international transactions. Inquire about international service charges, which can range from 1-3%.
Budgeting for Your Trip to Ireland
Your budget will depend on your spending habits and planned activities. Consider the following average daily expenses:
- Lunch and a drink: €25
- Dinner and a drink: €35
- Optional activities: €25 (this can vary greatly)
- Souvenirs: €30
This totals approximately €115 per day. Accommodation costs will vary depending on your choice of lodging.
Tipping in Ireland
Tipping in Ireland is not as customary as in some other countries. In restaurants, a 10-15% tip is appropriate for good service. Tipping in pubs is generally not expected for individual drinks but is appreciated for a round of drinks or exceptional service. Taxi drivers may be tipped by rounding up the fare. Always check your bill for a service charge before adding a tip. Tour guides typically receive €15 per person per day.
Understanding VAT in Ireland
Value Added Tax (VAT) is included in the price of goods and services in Ireland. The price you see is the price you pay. Non-EU citizens may be eligible to claim back VAT on certain purchases.
Conclusion: Preparing for Your Irish Trip
Understanding the currency situation in Ireland—euro for the Republic and pound sterling for Northern Ireland—is essential for a smooth trip. By planning your finances, exchanging currency wisely, and understanding local tipping customs, you can ensure a hassle-free and enjoyable experience. Remember to check out our other helpful guides for planning your trip to Ireland!