Q:

What currency is used in Amsterdam?

A:

Quick Answer

The Netherlands uses the euro (€) much like other European Union member countries do, according to the Lonely Planet website. The currency is divided into 100 cents per euro. The euro comes in notes with denominations of €5, €10, €20, €50, €100, €200 and €500.

Know More
What currency is used in Amsterdam?
Credit: Christopher Furlong / Staff Getty Images News Getty Images

Full Answer

The Lonely Planet website states that the Netherlands is not as expensive as some other European destinations, but remains relatively expensive. A comfortable daily budget in the Netherlands would be €110 Euros, with Amsterdam being slightly more expensive than elsewhere in the country. Budget travelers can get by on €35 a day. A service charge is added in restaurants, hotels and bars, making tipping an unnecessary but a welcome practice.

Learn more in Currency & Conversions
Sources:

Related Questions

  • Q:

    What is the currency of Alaska?

    A:

    Alaska is part of the United States of America and therefore uses the U.S. dollar as currency. Some stores along the Alaska-Canadian border may also accept Canadian dollars. Traveler's checks should be purchased in U.S. dollars, as traveler's checks from other currencies are not accepted.

    Full Answer >
    Filed Under:
  • Q:

    How do you exchange currency?

    A:

    Determine the currency you need to exchange and the currency you wish to get in return, such as U.S. dollars to Euros. Use an online rate exchange calculator, and determine the day's exchange rate to ensure you get the best rate possible.

    Full Answer >
    Filed Under:
  • Q:

    What is currency trading?

    A:

    Currency trading is the buying and selling of different world currencies, according to Forex Tips. Currency trades are conducted by buying or selling one currency relative to another on the expectation that the relative value of the currencies will move in one direction or another.

    Full Answer >
    Filed Under:
  • Q:

    Why does currency fluctuate?

    A:

    Currency values fluctuate depending on factors such as a country's monetary policy and prevailing economic conditions. A country's high inflation rate lowers the value of its currency. In such cases, the country's central bank raises interest rates in order to attract foreign investors and raise the value of its currency.

    Full Answer >
    Filed Under:

Explore