Luxembourg Money and Exchange Rate
Currency
Euro (€) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.
Currency Exchange
Foreign currencies, traveller's cheques and cheques can be exchanged at banks, bureaux de change, the airport, railway stations, the post office and major hotels (generally at a less advantageous rate).
Credit/Debit Cards and ATMs
American Express, Diners Club, MasterCard, Visa and others are all widely accepted, as well as Eurocheque cards. Many retailers require a minimum (eg €10-25) before accepting credit/debit cards. ATMs are common.
Traveller's Cheques
Widely accepted. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros, Pounds Sterling or US Dollars.
Banking Hours
Generally Mon-Fri 0830-1630, with limited hours on Saturday.
Exchange Rate Indicators
| 1.00 GBP = 1.1 EUR |
| 1.00 USD = 0.73 EUR |
| Currency conversion rates as of 20 March 2010 |
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