Travel Insurance
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LEARN MORECurrency: | Euro |
Currency code: | EUR |
Central Bank: | European Central Bank |
Currency symbol: | € |
Currency sub unit: | cent |
Currency sub unit symbol: | c |
Bank notes: | €5, €10, €20, €50, €100, €200, €500 |
Coins: | 1c, 2c, 5c, 10c, 20c, 50c, €1, €2 |
The official currency of Portugal is the euro, which is abbreviated to EUR. 1 Euro is divided into 100 cents.
The euro has been used in Portugal since 1999, replacing the Portuguese escudo, which was in circulation prior to this time and until 2002.
Following the gradual inflation of the escudo throughout the 20th century, the euro was introduced at the conversion rate of 200.48 escudos to €1.
The most commonly used bills for the euro are the 5, 10, 20, 50, 100 and 200 notes.
Mid-range 3 course meal for 2
30 EUR
1 litre of milk
0.78 EUR
Bottle of wine
4 EUR
Monthly travel pass
35.50 EUR
Portuguese egg tart
1.30 EUR
Order Euro online, lock in the rate and collect at your local store, at the airport before you fly or have it delivered at home
You can buy EUR for Portugal online or in-store at any of our branches around Australia.
Check our full list of branches, or click the links below to find stores around major cities and lock in buying EUR for Portugal at a great rate today.
Discover more of the world with travel insurance that’s always by your side.
LEARN MOREMost credit cards are widely accepted in Portugal with VISA and MasterCard being widely accepted in most outlets; and American Express and Diners are less widely so.
While you can exchange US dollars into Euro once you get to Portugal, it’s unlikely you will find anywhere that will accept US dollars as a form of payment.
Prior to the euro, the official currency of Portugal was the Portuguese escudo.