The Euro Explained for Travelers
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- Опубликовано: 6 апр 2013
- www.woltersworld.com
What is a euro? What does a euro look like? What are the Euro bills? What do the bills look like? This video helps answer a lot of the basic money questions that travelers to Europe may have.
visit Europe, travel Europe, travel advice for Europe,
Filmed in Obidos, Portugal
Copyright Mark Wolters 2013
I just turned my wallet upside down and looked at the coins. I have Dutch, Spanish, Greek, French, Belgian and Austrian Euros! Got to love European pluralism! :D
Me too.....its fascinating
@Jamison Fernando y’all capping stfu 🖕
Thanks for the useless information
Keep in mind that notes higher than €50 are often rejected, especially in smaler shops. Because their is simply not enough change when you show up with €100, €200 or even €500 when you just buy something for a few euros.
This comment should be higher up. But I think the real reason is that they are more afraid for counter-fit money. The risk is just to high! Make sure you have never a note higher then €50.
Mum Blic Most shops have machines that verify the money.
If you exchange your money for Euro *always!!!* ask for smaller notes. Never take higher note than 100 €.
Higher notes are not needed as you will normally spend smaller amounts (for Americans - how often you pay your meal with 500 $ note...). Many shops wont accept higher notes because they may not have enough money for exchange. And last but not least higher notes (200 and 500 €) have bad reputation of being favourite subject to forgery.
Usually you will not have difficulties with notes up to 100 €. It may be impossible to buy two buns with a 100 € note. Many gas stations advertise at the entry, that you can not pay with 200 or 500 € notes (fear of robbery or fraud).
it really depends on the country, most places 100 notes are completely fine
We don't have a $500 note
EURO NEWS
Actually, it's pretty logical.
0,01 0,02 0,05
0,1 0,2 0,5
1 2 5
10 20 50
100 200 500
Like, metric? :)
one day... one day...
The cash thing depends a lot where you are in Europe. In Scandinavia cards are definitely more common way to pay than cash but Eastern and Southern Europe cash is still preferred.
And also it's good to know that in some countries, at least in Finland and Netherlands, 1 and 2 cent euro coins are not in use and the prices are counted to closest 5 cent.
Good to know
Sidenote: Denmark. Cash is not always king. Some places don't take cash when you're in the bigger cities. Make sure if you travel to Denmark that you have a working card. Visa and Mastercard is accepted in 99% on stores.
Be careful when withdrawing Euros from an ATM with a debit card. If you have a daily withdrawal limit (say $500), don't forget to calculate the equivalent in Euros, and be careful to stay within that limit. I overlooked this while in Vienna last year, and attempted to withdraw 400 Euros (while thinking "dollars") at one time. Of course, the ATM would not process the withdrawal, but the monitor didn't indicate why, except to say "request refused" or something like that. I tried this several times, at several different ATMs, always getting the same result. This made me think that my bank had stopped payment. It took a lot of wasted time, and a very, very expensive long distance call to my bank (including being put on 'hold"), only to find out that all I had to do was request a smaller amount. Live and learn!
scmager good points. thanks scmager
I've been watching you for about a year now and I finally found out I'm going to eastern/Central Europe so I guess I have to binge watch your channel again
Glad I can help. I agree with the airport exchange. Its OK if you need cash right away but best to wait awhile before getting the bad rates and service charges. Thanks for the nice comments! Mark
Super helpful, thanks! I'll be traveling abroad for the first time this summer and I'm having a hard time wrapping my head around the euro. :)
Hey Mark,
I live in Ottawa and all my dads family lives in Portugal, my grandmother lives in Obidos it is a nice little village and the Mercado Medieval is so cool I went there last summer.The rest of my dads family lives in Lisbon. Muito obrigada para os vídeos muito bons !!!! :)
E muito bom trabalho !!!! :)
why am i watching this, im european
HAHA. As a German American, I’m watching this for I can move to Germany, because, I HATE America.
@@noscheisse2455 same I'm Mexican and I hate the U.S too
@@NoodleErik HA! I thought I was the only one. We’re you born in Mexico?
@@NoodleErik Odiame mas...
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This helps a lot. Thanks👍
Thanks for the helpful advice!
As a British viewer just a reminder that not all the continent (or EU) uses the Euro. As well as the UK other countries keeping their own currency include: Denmark, Norway, Switzerland, Sweden, Poland, Czech Republic and Hungary. Some of these (like the Scandinavian countries have very different value to the base unit.
I would agree with the comments about larger Euro notes. They aren't necessary and can become a liability. I even had a problem once here in the UK (where most people will even have a few notes in a draw at home from their last vacation) getting a 100 Euro note (that I accepted from a client) exchanged.Like your channel. An interesting outside viewpoint.
INCREDIBLY helpful
Thank you
subliminal message at 2:19 "wolters world"
+korkz808 yeah. No idea why that old software always did that. Sorry
hes trying to brainwash us into watching his videos and buying whatever hes selling.
Thanks Wolter you're the man! Subscribed!
Very informative! Thank you.
In some parts of Europe (UK and Ireland, and I think also Cyprus and perhaps Malta) we use the decimal point and the comma as a thousands separator, the same as North America. Continental Europe uses the comma as the decimal mark, and either a point, an apostrophe, or a thin space as a thousands separator.
We do use a lot of cash in the UK.... You always pay with cash in pubs for example
Thanks
illustrations on bills changed/ are changing (06/2015)
Love this woltersworld videos, I am seasoned traveler but you can always learn more, am off to save the Spanish economy by doing a Masters Degree. Good to know that the best way to get money is using your debir card, I was about to exchange my money in the aiport in Boston or using private exchange companies. Cheers!
Awesome, everything I wanted to know!
Very helpful. Years later.
They are introducing new notes, the new EUROPA 5-ers and 10-ers are already in use, the others are for the nex years, but the old ones are still valid. In some places, you will hardly find any old notes, however. The theme is the same, it's the same imaginary bridge or window as on the older ones, and the base colour is the same, too, but it's a little more colourful, now. More info and pics can be found on the website of the ECB, the European Central Bank.
200 and 500 euro notes are very rare, and are refused in many shops, certainly if you only buy a small item with it. 5 to 50 are the most common, 100 is rising in popularity.
thanks for this :)
In the Netherlands 1 and 2 cent coins aren't accepted in stores. They cost too much to exchange or have in the register or something. So they round up or down at the register. 1,99 becomes 2,00. 1, 96 becomes 1,95. etc.
1 and 2 ct should be accepted as tender, even if you have to do some persuasion, but won't change the rounding of the total bill, so you would still have to fork out 5 1ct, or 2 2ct and a 1ct for something rounded to the next 5 ct, and if they have to return on your payment, you will get them back almost certainly. Luckily, with the rounding, you will almost never get them in the first place.
Not true. Something priced 1,99 euros will get rounded up to 2 euros, but if you can pay exactly 1 euro and 99 cents, they have to accept it in the Netherlands. They will be very annoyed, but legally they can't refuse.
Illiminatie overlord Gurglekoks In Finland too
Funny, I live in Europe and use euro daily but I'm watching a video by an American explaining the values of euro notes and coins...
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cool info
😮 very helpful
Good lord, that kid in the background screaming constantly! Kudos for not losing your shit over it. Also, very helpful video!
It makes you wonder
WOLTERS WORLD
nice
The comma-vs-dot thing is why (I'm fairly sure) the SI thousands separator is a space - then you can use whatever you like for your decimal sign. Of course, if you go further east into Pakistan or India you might encounter the lakh/crore system, and have numbers grouped into thousands, with two-digit groupings above 100000.
Usually shops dont accept 200 and 500 € notes...
Cash is king? Not in the Netherlands, it's mostly debit cards overhere. Most restaurants also accept credit cards but don't try to use your creditcard at a tankstop or in a supermarket, most of them don't accept it.
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Wolter's world party time Excellent
cash is king ? maybe in the others countries, here in France, i always pay with my credit card, i never have cash on me lol
elizewyn Why you prefer credit card instead of cash. For me I use cash most of the time.
therapmetalhero force of habit i guess.
It's easier for me not to carry cash all the time (and safer) and if i do have cash, I'm always gonna spend it on stupid stuff, like candies, or pastries, magazines lol, stuffs which are pretty cheap, but get expensive if you keep buying lol, it's kind of a way to restrain myself ^^ ;)
therapmetalhero that take less space in the wallet, especially compared to coins (coins you gonna have if you pay in cash)
elizewyn Here in Madrid you barely need cash either
elizewyn Don't understand it either, and im from Estonia, "ex soviet land" most of people think It's like in the hollywood movies. It's not. We don't steal tourists' kidneys etc. . I've heard that in USA they use a lot of cash because they have basically no safety measures for their credit cards, like PIN code when you pay for stuff. Here, we have card terminals even in the smallest of places. We do 99% of our banking online, we vote our parliament online. You only need cash when you buy something illegal.
Keep the change.
Mark, does the advice about not using airport exchanges apply only at European Airports, or does that include American airports?
Here in Italy places that accept cards has increased fortunately.
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Where I live only the cafeteria in the building I work does not accept cards and I have to pay with Euros. Everywhere else they happily accept my NFC Visa (no pin below 20Eur). I rarely keep cash and the biggest amount I have is usually 20.
all airports
You will see a lot of boards in stores saying 'we don't accept €100, €200 and €500', but they can NOT refuse it! It's legal tender. So if they won't accept it, just say that you're going to call the police.
+Sunday Funday Yes... And no. If you have to pay 501€ and you pay with 500€ + 10€, they don't have to accept it.
+Olivier G. Yes, they do. You can even pay 500,01€ with 2 500€ bills... Whell... I can imagine getting a 0,01€ discount for attempting to do that, but still
Legal tender is not the same thing as mandatory tender. Merchants can still refuse to accept it, even if it is marked as being legal to use, unless there is also a law that makes it mandatory that they accept it.
(Illegal tender could be things like counterfeit currency, scrip, foreign currency in some places, or money issued by institutions or governments who don't have the legal right to print money.)
Sunday Funday To my knowledge, "legal tender" applies only to settling debts. It might apply in a restaurant, where you eat before paying, so it's a debt, or similarly in a hotel, but not in a normal shop.
That is not so. The original idea of legal tender was to force everybody to accept paper money as as good as silver coins. Today many retailers want to accept only electronic payments like debit cards or mobile pay, but cash being legal tender prevents this.
What denominations can you normally get from an ATM?
Did anyone see the thing that flashed at like 2:04? What was that
In Denmark is mostly cards now. In the future you will see shops that only accepts card.
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Big notes in euro are usually refuse to accept specially the €500
Some countries in the European Union don't use the Euro such as the UK, Denmark and Sweeden etc
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What was that thing that popped up on the screen for a millisecond
This video could use an update. A lot of the money exchange in European countries has changed over the years; as in pin- automat for example. For the rest, clear and good.
I liked your subliminal Wolter's World street sign you stuck in there during the word "Germany." 2:19
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do you not have 1 and 2 dollar coin do you have notes
I'm trying to write a story and then it hit me- I'm American and don't know how Euros work
Wolter is right about the cash is king! Altough you will for sure be able to use a credit or debit card most people will prefer if you pay with cash (especially now a days that the European Tax machine is more aggressive). People that own small businesses will much prefer that you pay in cash.
João Calvete The USA's debit cards will not work in the European atm type machines to get cash, as the cards have old type magnet strips/chips.
not if yoi have american cards
+João Calvete In Estonia most people are really annoyed if you pay with cash because then they have to give you money back. I dont even remember the last time I used cash here. and thats not only in the cities but anywhere.
is your best bet cash still ? considering this was created ten years ago
Is the exchange rate better if you get the money from the bank before you leave or if you go to the ATM in the country?
Usagi Felton Almost certainly the latter. Changing dollars into euros in a euro country will be cheaper than in a dollar country (the US), too, but probably not as much.
ATM ex hange rate is your banks rate
Hey coins in the US are not useless!!! I was there for only a week and had so many coins I bought some stuff at the dollar store. I had over 20 dolars in coins. Respect the coin. Love the coin.
Twenty dollars in couns?! That must've been HEAVY!!
What about in Germany, anyone know if they accept big notes
When do you come to Poland ? :-)
Hey, will you ever visit any popular destinations in Canada like say Montreal, Ottawa, or Vancouver? They're all very nice although I'd recommend Ottawa first as it's such a beautiful city. The rest are wonderful too =) Not much cultural differences but I'm sure you'd still enjoy it!
We are spending 3 week driving from Toronto to Prince Edward Island this summer :) any advice?
+woltersworld how do we add the Euros up when buying things?
It's even simpler than in the US, as here, normally all taxes are included in the shown price.
Man... you know more about Europe than i root European :D
how much would I get for 200 euros exchaned into dollers as i am sending money over to a loved one in the states please
I was asking myself the same. As if nobody would notice a white flash in the middle of the video :D
Nice subliminal message on 2:03!! Nice vids!!
juanpmayoral ;) thanks
juanpmayoral and on 2:19
juanpmayoral .
so idk if this is a euro thing that he talked about in his video: €73,00 is that a euro ? if anyone knows what this type of money is pls let me know and also if you could let me know how much €73,00 is in US dollars
Damn in the states card and digitized payments are becoming the norm
Dollars, euros, pounds, yen, wages, cache, florins all those kind of currencies in many countries.
Sad isn't it :(
I cannot join to this cash is king thing you are always saying about Europe. I have not used cash in shops for a few years now.
Although it might be a different thing for tourist. I have a chip card from European bank, and always use pin-code when I'm paying. Us credit/debit cards then do not have chips on them or aren't cards from US banks just accepted?
***** Yes indeed, I just explained to Joao Calvete this.
***** Yep, we have used nfc payments for a while now too. If you buy anything under 25€, you can use nfc enabled card or a phone. I usually don't buy anything over it at once, so I don't necessarily remember my PIN when I need it.
Almost all US bank cards now have the chip in them. Banks resisted it because they didn't want to pay for it, but the government finally forced them to do it. Then, it took about three years to get the system up and running because the economy is so very big. It just simply takes time to produce over a billion new cards, about 15 million new point-of-sale terminals, all the software updated with every merchant and every bank and every machine where a card could be used, and so on, and then installing it all, everywhere. And it's still not complete in some places...
It depends which Country in Europe you’re in. Where I live in Southern Europe, most places only accept cash. In the Supermarkets and some bars they will accept cards but only if you spend over €10.
The 500 notes are not accepted everywhere.
in switzerland there is even a 1000 Note
in singapore there is a 10,000 note
muna kay Well in Norway we have a thousand krone note too, but it's only worth about 170 USD.
Nobody use 1000 Francs in Switzerland. I am Italian I live close to the Swiss border. The 1000-500-200 notes are rejected very often
the strange things about euro coins is that the german coins seem to be the most idespread of all....
it's not strange at all, they are the most numerous....
Question: Does Italy is very strict when it comes into their bank notes like for example if the bank notes has a torn or even folded it is still acceptable?
They're still acceptable unless they're really really worn-out.
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We don't use the 1 and 2 cent coins anymore! Many stores also don't accept the 200 and 500 euro bills!! :D
+TheFettuck Many countries still use them.
+TheFettuck I have a jar full of 1, 2 and 5 cents. Some stores still use them.
Everyone uses the cents
José Isabel
Not in the Netherlands.
TheFettuck Yes we do..
Do they take euros in Northern Ireland? I mean if euros are accepted in non Eu countries
A little late but no, they use Pound Sterling. There are non EU Euro Countries though: Andorra, Monaco, San Marino, Vatican City, Kosovo and Montenegro
A lot has changed
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We have 2 dollars bill americaaa
Wolter, I'm not going to leave you alone until you tell me your secrets on how you travel so often
I wouldn't really say cash is always king I mean I'm from and live in London so it's probably different but even when I go to more 'dead' areas of England they accept card in most shops.
cash is truly king, very true
Nur Bares ist wahres!
Hallo! I agree, that the symbol on the back side (which is actually the front side ["avers"] for coin collectors) does not matter. So you can use a Euro coin with the king of spain in France. But to use a Euro coin with the king of France in Spain or anywhere else will bring you probably to jail ;-) .
is posting subliminal messages legal by law on RUclips?
I thought you were someone else finding you in 2016 lol
MERICA
Here from mrs rufo
Could someone please tell me how much 4 euros are in dollars thank you
+Star buono about $4.50
+woltersworld Thank you :) !
Star buono it's now 4.71$
Just for €50.
how many euros you get pay n hour? = the usa dolar
depends on the country. for Austria the minimum wage is around 10€/h
gpe el sierrita in Germany the minimum wage is 8.85€ as of early 2017
In Finland minimum wage is 13.2 euros / hour
From Canada ... currency man , 1.50$ for a euro jeez
Is 1 Euro in France equivalent to 1 Euro in France, Spain, or Germany? I’m talking about let’s say food or any items. Ok let’s just say I have 20 Euros. If I’m from France and an item is worth 20 Euros then I fly to Spain and I see the same exact item. Is it gonna be 20 Euros as well? Is 20 Euros in France = 20 Euros in Spain?
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Brudda euros is euros for the countries in the European Union so yes 20 in France is the same as 20 in Ireland or Germany any European Union country
You’re mixing up different things. The same item will not be the same exact price in different shops or stores even within France, so of course it won’t necessarily be exactly the same price over in Spain.
Does a gallon of gas cost the same at each and every US gas station? No. So a litre of petrol won’t cost the same in euros everywhere throughout the Eurozone, far from it - as just one example.
What is 118,00 € in US dollars? Please help 😣
It's about 130 dollars
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Yeah... but you know the subliminal messages don't work anymore right?
If you hate coins, you'll love Japan! lol
Their smallest paper bill is $10. They use coins for their $5 and $1 equivalents.
Thanks for sharing my comments, i will advise you to invest in crypto now make a note to my trusted trader, do well to tell him I referred you to him
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Ok. My mistake. Still looks very suspicious ;) Greetings from Innsbruck
You used to have hair?
Really? You chose Portugal to explain the Euro?