How Much is an Irish Euro Worth?
The Republic of Ireland uses the euro (€) as its currency, while Northern Ireland uses the British pound (£). If you’re planning a trip to Ireland, you won’t be able to use US dollars. It’s essential to understand the euro’s value and how to obtain it for your travels.
The best way to get euros in Ireland is from ATMs. You can withdraw euros using your debit or credit card. However, be aware that international card withdrawals often incur fees. Check with your bank about these fees before your trip. While there are alternative methods like currency exchange, ATMs are widely available throughout Ireland, making them the most convenient option. You’ll find them in towns, villages, on main streets, outside banks, and in service stations, grocery stores, and convenience stores.
When withdrawing euros from an Irish ATM, it’s recommended to take out €200-250 per transaction to minimize commission fees. Irish ATMs might charge a flat fee per transaction, so larger withdrawals can be more cost-effective. Remember that your home bank may also charge a fee. Inquire with your bank about their specific ATM fees in Ireland to avoid unexpected charges. If you’re venturing into remote areas, be sure to ask your tour guide about ATM availability, as they might be scarce in small villages.
Most bank cards will work in Ireland; however, American Express, Diner’s Club, JCB, and Discovery cards are generally not accepted. Confirm with your bank before traveling. Crucially, notify your bank and credit card company about your travel plans to Ireland at least a week before departure. This prevents them from blocking transactions in foreign countries.
Northern Ireland uses a different currency than the Republic of Ireland – the pound sterling (£). If your itinerary includes Northern Ireland, you’ll need access to pounds. The easiest way to obtain pounds is by withdrawing them from ATMs in Northern Ireland. Ensure you inform your bank that you’ll be traveling in both the UK and Ireland.
It’s advisable to arrive in Ireland with at least €300 in cash as a backup. This will cover essential expenses like transportation, food, and other necessities in case your card doesn’t work or gets lost.
Exchanging dollars for euros before your trip is recommended. Irish banks and post offices only exchange currency for account holders, limiting your options upon arrival. While currency exchange desks are available at airports and in cities, exchanging money beforehand offers better preparation and potentially better rates.
While Dublin Airport has currency exchange desks in both terminals, it’s not the most recommended option. If you find yourself without euros at Dublin Airport, you can find exchange desks in the Arrivals and Departures Halls of Terminal 1 and the Baggage and Check-In Halls of Terminal 2.
When exchanging currency, remember that you won’t get the mid-market rate. Even with 0% commission claims, the exchange rate might not be favorable. Consult a reliable currency converter like XE.com to understand the current market rate before exchanging your money. Avoid exchanging more cash than needed, as you’ll incur exchange fees twice if you convert it back to your original currency.
Pre-paid travel cards are a viable alternative to traditional cards. Pre-load these cards with euros and use them in ATMs without incurring the typical fees associated with debit and credit cards. Companies like Mastercard and Travelex offer pre-paid travel cards that can be ordered and delivered to your home before your trip. Remember, US dollars are not accepted in Ireland. Only the euro (€) is legal tender in the Republic of Ireland, and the British pound sterling (£) is used in Northern Ireland.