Iraq
Currency and Exchange Rates
Official Currency
As a member of the European Community, Austria is also a member of the economic and currency unions, adopting the Euro as the common currency.
1 Euro = 100 Cents .
The following Euro bank notes and coins are in circulation:
- Bank notes of 5, 10, 20, 50, 100, 200 and 500 Euros
- Coins of 1 and 2 Euros, and 1, 2, 5, 10, 20 and 50 Cents.
These Euro notes and coins are legal tender in all European countries.
In addition there are certain coins produced by Münze Österreich AG and modeled on the Euro, including commemoration and gold coins, which are only valid as legal tender within Austria.
Currency Exchange and Rates
Bank notes and coins in Austrian shillings can be exchanged for Euro bank notes and coins at the Austrian National Bank with no commission charges and for an unlimited period of time. Austrian National Bank
Bank notes and coins of former currencies from other European countries can no longer be exchanged in Austria.
Other currencies
For all other foreign currencies, the appropriate exchange rates apply Exchange Rates (German only)(Buying and Selling Rates).
Euros and foreign currencies can be transferred in and out of Austria in unlimited amounts.
Bank Opening Hours (General)
| Monday, Tuesday, Wednesday, Friday |
08:00 to 12:30 and 13:30 to 15:00 |
| Thursday |
08:00 to 12:30 and 13:30 to 17:30 |
Cash Machines (A.T.M.s)
In addition to the banks themselves, cash withdrawals can be made from one of the 3000 cash machines across the whole of Austria. Generally accepted cards include: Maestro, MasterCard, American Express, Visa and Diners credit cards and Cirrus and Visa-Plus debit cards.
Credit Cards
Credit cards are widely accepted in numerous hotels, restaurants, shops and petrol stations in cities and tourist areas. The logos at the front of the venue (normally on the front door) display the accepted credit cards.
All about Austria
- Importing from Austria
- Exporting to Austria
- Investing in Austria
- Travelling to Austria
- Facts and Figures
