What currency is used in Rome?

The currency used in Rome is the Euro. Rome is the capital of Italy. If you are traveling to Rome, you will need to exchange your currency for the Italian Euro. You may exchange your money for the Euro at most Rome banks or at specialized stores called Foreign Exchange Bureaus. Look for signs that say Bureau De Change, Geld Wechseln or Cambio.

How to get a good exchange rate in Rome?

When in Rome, do as the Romans do. Always make sure to do all financial transactions in the local currency. This is the best way to avoid bad exchange rates and extra transaction fees. You can get the best exchange rate by using a bank-operated ATM, but don’t allow the ATM to do the conversion for you.

Is there a true currency exchange rate?

There’s only one true rate, which is the mid-market exchange rate. This is also known as the interbank rate, and it’s the one banks use to trade large volumes of currency between themselves. Use this rate as your guide to calculate how fair the rates advertised in money exchange stores are.

Are there in-person exchange services operating in Rome?

Below are some in-person exchange services operating in Rome: If you choose to change cash at an in-person exchange store, understand where to look for hidden fees. While it sounds enticing, there’s no such thing as ‘zero commission’. The commission will be wrapped up in their exchange rate.