Italy is one of the 12 EU countries that joined the EMU – the Economic and Monetary Union – which introduced the single currency, the Euro. The current exchange rate is approximately €0.77 = $1. To find the most up to date exchange rate, click here
It is always a good idea to budget for a trip so you don’t run out of money. Here are a few sample prices to help you plan your Italian vacation:
Mozzarella = €1.54
A slice of pizza to take away = €1.70
1 bottle of local Italian wine = €2.50
Museum entry ticket = €10 to €15
Football (soccer) matches = €12 to €70 depending on the seat or teams playing.
Average room prices = anywhere from €20 at the lower end, to €100 mid-range and €200 at the high end.
Average meal prices = €5 for a cheap meal, around €15 for mid-range and €25 and upwards at a classy joint!
These prices are in Euros, are correct as of 03/18/09 and are subject to change
Italians don't generally tip huge amounts, that's if they tip at all. Many restaurants will charge a service fee as part of the bill, but often this will go straight to the owner rather than the staff. If you’re keen to tip it is customary to leave a 10-15% tip in a sit-down restaurant, taxi-drivers will get 5-10% depending on the city, and water taxi in Venice is already so expensive but you could give them a euro or two extra if you have any money left.
Banks in Italy are open Monday to Friday from 8.30 am to 1.30 pm and from 3.00 pm to 4.30 pm. Some banks are also open on Saturday morning until 1.30 pm. Banks are closed on Sundays and national holidays and also on the town’s patron Saint’s day. The afternoon hour may vary from city to city. Travelers checks can be exchanged at most hotels and shops and at the foreign exchange offices in main railway stations and at the airports. Italy accepts all major credit cards.
*The small print
We’ve tried to make this destination guide as accurate as possible but please double check the essentials like visas, health and safety, airport information etc with the relevant authorities before you travel. STA Travel takes no responsibility for loss, injury or inconvenience caused as a result of this guide. All prices listed are in the currency of the destination, unless otherwise stated.