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LUISS Guido Carli

Logo LUISS

Money

Currency

Name Euro
Code EUR
Symbol

Banknotes

Euro banknotes come in denominations of 5, 10, 20, 50, 100, 200 and 500, each with a different color. It is often difficult to get change for a €500 banknote.

Coins

One Euro is divided into 100 cents (centesimi, in Italian). Coins of 1, 2 and 5 cents are copper-colored; coins of 10, 20 and 50 cent are gold-colored; 1 and 2 Euro coins are gold-and-silver colored.  

Changing your money

Banks and post offices are the most reliable places to exchange currency or to change travelers checks.  You can also use a credit card to withdraw cash in Euros from automatic teller machines (ATMs), which are widespread and easy to use.

Credit cards are widely accepted in restaurants, hotels, shops and railway stations, however, some places may only accept cash.  We recommend that you bring along a sufficient amount of Euros or travelers checks to cover immediate expenses and to keep some Euros on you at all times.

Tipping

You are not expected to tip, but it is common to leave a small amount of money at bars (€ 0.20 - € 0.40 cents) or restaurants (up to a 10% tip).  It is not a common practice to tip taxi drivers.