Currency in Vatican City – Euro EUR
A practical foreign exchange and currency guide to Vatican City
What's in this Vatican City currency guide:
What currency is used in Vatican City?
The official currency of Vatican City is the euro, with symbol € and currency code EUR.
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.
What the euro looks like?
Euro – Markets & Rates
Major banks are forecasting the eurozone common currency to fall to $0.95 by the end of the year.
This multi-year low for the euro vs the US dollar looks only to worsen as winter approaches; the short term news for the single currency is all negative.
| Date | EUR/USD | Change | Period |
|---|---|---|---|
16 Sep 2022 | 1.0016 | 2.1% ▼ | 2 Week |
02 Jul 2022 | 1.0429 | 6% ▼ | 3 Month |
30 Sep 2021 | 1.1575 | 15.3% ▼ | 1 Year |
01 Oct 2017 | 1.1809 | 17% ▼ | 5 Year |
02 Oct 2012 | 1.2929 | 24.2% ▼ | 10 Year |
05 Oct 2002 | 0.9831 | 0.3% ▼ | 20 Year |
Compare Euro Exchange Rates & Fees
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Euro.
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Travelling to Vatican City
It might only cover about half a square kilometre, but the Vatican looks every inch a religious superpower. Its holy buildings are monumental in scale and its lavishly-decorated halls house some of the world’s most celebrated artworks.
The actual Vatican is very small, a few buildings, but its meaning is global. Whatever it means to you, it is worth seeing. You don’t need a tour, you can walk in and see it all, stunning architecture, and the awe of centuries of faith. Just, if you aren’t up for a very hard climb and you want to see the view of Rome from the top, it can be a claustrophobic climb. Take the lift when you if you plan to see Rome from the top the Vatican. The climb to the lovely view at the top can be hard, and not very pleasant. The lift, however, can take you you up to one of the most amazing views of the city. Expect it to be crowded. Always expect a very long queue (30 mins minimum) as the queues are long every day. Rome is an expensive place to stay, but if you look around the internet you can can find good bargains. It is well worth looking around, you can find amazing places cheaper than most with a bit of effort.
Start early at the Vatican Museums. This colossal museum complex occupies the 5.5-hectare Palazzo Apostolico Vaticano and contains one of the world’s greatest art collections, culminating in the Michelangelo-decorated Sistine Chapel. There are kilometres of galleries to explore, with everything from Egyptian mummies and Etruscan bronzes to classical sculptures, cartographic tapestries and Renaissance canvases. The Stanze di Rafaello (Raphael Rooms) will stop you in your tracks as you pause to marvel at the Renaissance maestro’s amazingly detailed frescoes.
The Vatican Museums’ star attraction, the Sistine Chapel boasts two of the world’s greatest masterpieces: Michelangelo’s ceiling frescoes (1508-1512) and his Giudizio Universale (Last Judgment; 1535–1541). For the best views of the ceiling design, which covers 800 square metres and depicts episodes from the Old Testament, cross to the chapel’s main entrance in the east wall (opposite the visitor entrance).
Entering St Peter’s Basilica for the first time is an unforgettable experience. The size and opulence of the cavernous 187m-long interior are breathtaking to behold, and wherever you look your gaze falls on yet another priceless masterpiece. One of the basilica’s most celebrated works is Michelangelo’s Pietà, a moving sculpture of the Madonna cradling her lost son near the main entrance.
The Euro is also the domestic currency in 32 other countries.
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