Living and Trading in EUR: FX Guide to Saint Barthelemy
Resources for Expats, Travelers, and Entrepreneurs Navigating Life and Trade in Saint Barthelemy with the Euro
What's in this Saint Barthelemy currency guide?
What currency is used in Saint Barthelemy?
The official currency of Saint Barthelemy (country code: BL) is the Euro, with symbol € and currency code EUR.
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Frequently Asked Questions
What currency should I use in Saint Barthelemy?
The domestic currency in Saint Barthelemy is the Euro.
What is the Euro currency code and symbol?
The three letter currency code for the Euro is EUR — symbol is €.
What doe the Euro look like?
Here is an example Euro banknote:
Which countries use the Euro?
It is the domestic currency in Eurozone, Aaland Islands, Andorra, Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, French Guinea, French Southern Territories, Germany, Greece, Guadeloupe, Vatican City, Ireland, Italy, Luxembourg, Malta, Martinique, Mayotte, Monaco, Montenegro, Netherlands, Portugal, Reunion, Saint Barthelemy, Saint Martin, Saint Pierre and Miquelon, San Marino, Slovakia, Slovenia and Spain.
Is the Euro a closed currency?
No, the Euro is freely available and convertible. See guide: What is a closed currency?
What are equivalent amounts of USD and EUR?
Here are some popular conversion amounts for USD to EUR (US dollar to Euro)*.
*Converted at the current USDEUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Things to know about the Euro
The euro (ISO: EUR) is involved in slightly more than 30% of all foreign exchange deals, and as such, is the world’s second most traded currency, behind the US dollar.
The euro is the currency of the eurozone (officially called the ‘euro area’), which consists of 19 of the 28 member states of the European Union, and is used by almost 350 million Europeans. It was introduced in January 1999.
Of all the thousands of exchange rates that exist in the world, the euro-to-US dollar exchange rate is the most actively traded, or most ‘liquid’.
Since its introduction, the euro’s lowest value against the dollar came in October 2000 when EUR/USD hit lows of 0.8231. The currency was strongest in July 2008, shortly before the worst stage of the 2007-2009 financial crisis, when EUR/USD reached 1.6038.
There are currently more than twenty nations and territories which peg their currencies to the euro, the largest of which is Denmark.
The euro banknotes and coins
The Euro is issued in banknotes of €5, €10, €20, €50, €100, €200, and €500, and in coins of 1 cent, 2 cents, 5 cents, 10 cents, 20 cents, 50 cents, €1, and €2.
The banknotes feature images of historical and cultural figures from across the European Union, while the coins depict each member country's unique design. The design of the Euro banknotes and coins is intended to be easily identifiable and difficult to counterfeit.
Travel money for Saint Barthelemy
Using Wise for Euro travel money is a smart choice for savvy travelers. With its competitive exchange rates and low fees, Wise allows you to convert and manage multiple currencies effortlessly.
Be careful when using your own bank's Debit/Credit Card, as your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash on top of the standard Visa/Mastercard 2.5% from market mid-rate.
For card purchases, if you are offered a choice of currencies always select to Pay in Euro otherwise you will typically get much worst dynamic currency conversion (DCC) exchange rates.
If you really want Euro cash before departure, you can save money by ordering online. You generally get better rates and can pick up the EUR cash locally or even on travel day at the airport.
Saint Barthélemy, also known as St. Barth's, is a small island located in the Caribbean Sea. It is a French overseas collectivity and is known for its beautiful beaches, luxury hotels, and high-end shopping. The island has a tropical climate, with average temperatures ranging from the mid-70s to the mid-80s Fahrenheit throughout the year. The official language is French, but many people also speak English. St. Barth's is a popular destination for tourists, especially during the winter months, and is known for its lively nightlife and dining scene. The island is also home to a number of historical sites and landmarks, including the Gustavia Lighthouse and the Wall House Museum.
Things to do in St. Barth's
Visit the beaches: St. Barth's is known for its beautiful beaches, and there are many to choose from. Some popular spots include Shell Beach, Saline Beach, and Anse de Grande Saline.
Go shopping: St. Barth's has a number of high-end boutiques and designer stores, making it a great place to go shopping.
Take a boat tour: St. Barth's is surrounded by clear, turquoise waters, making it a great place to go boating. You can take a boat tour to explore the island's many coves and bays, or go snorkeling or diving to see the marine life.
Visit the Wall House Museum: This museum is located in the island's capital, Gustavia, and features exhibits on the island's history and culture.
Explore the island's history: St. Barth's has a rich history, and there are several historical sites to visit including the Gustavia Lighthouse and the Fort Karl.
Go hiking: St. Barth's has a number of trails that offer beautiful views of the island and the surrounding waters.
Take a cooking class: St. Barth's is known for its delicious cuisine, and there are several cooking schools on the island where you can learn to prepare local dishes.
Visit the island's markets: St. Barth's has several markets where you can find a wide range of handmade items, including crafts, jewelry, and textiles.
USD/EUR Market Data
The below interactive chart displays the USD/EUR change and UP📈 DOWN📉 trends over the past 1 Year.
Send Money to Saint Barthelemy - Best Rates
To get a good (and fair) exchange rate when sending money to Saint Barthelemy you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to Saint Barthelemy
When sending money to Saint Barthelemy it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Euro amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted EUR amount will be transfered to the recipient account you specify in Saint Barthelemy.
Use the above calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Euro deposited into the recipient bank account and less margins and fees kept by the banks!