Local Currency in Luxembourg

Countries  »  Luxembourg  »  Local Currency

Currency in Luxembourg

Luxembourg has the euro (EUR, €) as its sole currency along with 23 other countries that use this common European money. These 23 countries are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain (official euro members which are all European Union member states) as well as Andorra, Kosovo, Monaco, Montenegro, San Marino and the Vatican which use it without having a say in eurozone affairs and without being European Union members. Together, these countries have a population of 327 million.

One euro is divided into 100 cents. While each official euro member (as well as Monaco, San Marino and Vatican) issues its own coins with a unique obverse, the reverse, as well as all bank notes, look the same throughout the eurozone. Every coin is legal tender in any of the eurozone countries.

If you know any coin collectors, take a few local coins as keepsakes, since Luxembourgish coins are among the rarest of the euros — even in Luxembourg, most of your change will be in other countries' coins!

The general price level in Luxembourg is noticeably higher than in France and Germany, especially in central Luxembourg. Even cheap hotels tend to cost over €100 a night and you won't get much change from €20 after a modest dinner and a drink. Basing yourself in Trier (or other cities across the border) and daytripping to Luxembourg might be a good bet.

On the upside, cigarettes, alcohol or petrol are comparatively cheap, making the small state a popular destination for long-haul drivers. 

The content on this page is available under a Creative Commons Attribution-ShareAlike 3.0 license. It has been written by the users of WikiTravel and gapyear.com cannot not accept any responsibility for its accuracy. For any critical information you require, please be sure to check with the relevant embassy for the most up to date information before you travel.