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LUISS Guido Carli




Name Euro
Code EUR


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.


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.


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.