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italy currency

Italy currency

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 €0.81 = $1.  To find the most up to date exchange rate, click here

Sample prices

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 = €2
• A slice of pizza to take away = €2.50
• One bottle of local Italian wine = €3
• Museum entry ticket = €10 to €20 
• 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 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.

Banking hours

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.

Looking for some Italian inspiration? Check out our blogs...

STA Travel Blog

The very best of Southern Italy

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STA Travel Blog

Top 3 festivals in Italy

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STA Travel Blog

The very best of Northern Italy

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