Money isn’t the sexiest aspect of travel, but without it you don’t get very far. Get acquainted with Spain’s notes and coins, plus a few other crucial bits of information, and you’ll minimise the chances of awkwardness, theft or abuse. Here’s what you need to know:
Currency
The unit of currency is the euro. There are seven different notes and eight coins, which can be used in any of the twelve countries in the Euro-zone.
Notes are denominated in 5, 10, 20, 50, 100, 200 and 500 euros. Coins are of 1, 2, 5, 10, 20 and 50 cents, and 1 and 2 euros.
Spain is no longer a budget destination, but prices still compare favorably to those elsewhere in Europe. Note that children, students, and senior citizens almost always pay reduced fees.
ATMs
Before leaving home, make sure your credit cards are programmed for ATM use in Spain.
It's a good idea to warn your credit card company that you're going abroad - sometimes they see exotic destinations on charges and suspend service for security reasons.
Exchanging Money
Money can be exchanged at hotel/apartment reception desks, official banks and exchange bureaux. BANKS are open from 08.30 to 14.00, Monday to friday. They charge a transaction fee for any exchange of money, which can work out expensive on smaller amounts. EXCHANGE BUREAUX are open normal shop hours - usually 09.30 to 13.30 and 17.00 to 21.00.