When planning a visit to Luxembourg, it’s essential to understand the currency used in this European financial hub. Luxembourg, like many other European countries, uses the Euro (€), which is the official currency of the Eurozone.
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Euro: The Currency of Luxembourg
Luxembourg adopted the Euro in 2002, transitioning from its previous currency, the Luxembourgish franc (LUF). The Euro is used not only in Luxembourg but also in many other European Union (EU) countries, making it a widely accepted and familiar currency for travelers across Europe
Euro Banknotes and Coins
The Euro is available in both banknotes and coins. Euro banknotes are uniform across the Eurozone and come in seven denominations: €5, €10, €20, €50, €100, €200, and €500. It’s important to note that €500 bills are being phased out, and smaller denominations are often preferred in Luxembourg, where merchants might avoid accepting larger bills like €100 and €200
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Coins in Luxembourg feature standard designs common across the Eurozone, with Luxembourg’s €1 and €2 coins being particularly rare. These coins come in denominations of 1, 2, 5, 10, 20, and 50 cents, as well as €1 and €2
Exchanging Currency in Luxembourg
If you’re traveling to Luxembourg from a non-Euro country, you’ll need to exchange your local currency into Euros. There are plenty of options for currency exchange, including banks, exchange bureaus, and ATMs throughout the country. It’s advisable to use banks for the best exchange rates
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Using Your Debit or Credit Card in Luxembourg
For those who prefer digital transactions, Luxembourg is a highly modernized country with widespread use of debit and credit cards, particularly Visa and Mastercard. However, American Express might not be as widely accepted, and it’s always a good idea to check for additional international transaction fees before using your card
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