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Foreign Exchange Guide to Vatican City

Latest market mid-rate: 1.0 =

Country Code:
VA
Domestic Currency:
Euro
Symbol - Code:
€ EUR
Telephone Prefix:
+3906

In this guide we review :

  1. Euro info - general info about the Euro
  2. Euro in the markets - recent EUR moves and predictions from the FX markets
  3. Travelling in Vatican City - currency & money saving tips
  4. Buying Euro cash online - travel money for Vatican City
  5. Sending money to Vatican City - save on Euro bank transfers to Vatican City
  6. Euro exchange rates - latest info & charts.

Euro (EUR) general currency information

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 is the Euro currency code and symbol?

The three letter currency code for the Euro is EUR and the symbol is .

Which countries use the Euro?

It is the domestic currency in Eurozone, Aaland Islands, Andorra, Austria, Belgium, 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 Barthélemy, Saint Martin, Saint Pierre And Miquelon, San Marino, Slovakia, Slovenia and Spain.


Euro (EUR) in the markets

The euro was stable in the first quarter of 2018, during which it gained a few percentage points against the dollar, lost as much against the yen and lost out marginally against the pound. The euro did best against growth-sensitive G10 currencies, most notably the Australian dollar, Canadian dollar and Swedish krona.

The most active euro pair, EUR/USD, met resistance at the important 1.25 level in January, February and March, and had fallen back into the mid-1.22s by early April.

Against sterling, a break below 0.87 in the coming weeks could be significant, being that this level held up price in four consecutive months between December and March. In early April, prices were again threatening the level.

Entering 2018, year-end forecasts for EUR/USD ranged between 1.15 and 1.3, and for EUR/GBP, between 0.86 and 0.95.

The interactive chart below shows the EUR to USD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.

Loading EUR/USD Chart
EUR calculator

Currency and money saving tips for Vatican City

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.

Vatican City Trip Checklist   

  1. Compare EUR travel cash rates - probably why you are here!
  2. Lonely Planet - world's best travel guide (coupon and deals)

Travel money for Vatican City

Save money and time by Ordering your Euro online from Travelex, you get better rates and can pick up the EUR cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Euro otherwise you may get much worst exchange rates.

Travel Money Exchange Rates Compared

Buying EUR Cash with USD 1,000

 Travelex Online
1USD=0.7435EUR
€743.50 EUR (9.24%)
Free Home Delivery when you Buy Online Travel Money & Cards with $0 commission and great exchange rates only available from Travelex Online. Zero cost for Home Delivery or pickup your foreign cash at your local Travelex store or at the airport on departure day. * Home deliveries can only be made to the registered billing address of your chosen payment method.
Price Details
Receive: €743.50 EUR
Exchange Rate: 0.7435
(Inverse 1EUR=USD 1.3450)
Fees: USD 0
Total Cost : 9.24% (from mid-rate: 0.8192)
Amount of money that could be received by your currency exchange at rate USD/EUR=0.7435 and inclusive of the fee of USD 0.
Rate timestamp : Mon Apr 23 2018 19:00:03 GMT+0000 (UTC)
Bank Rates - Average
1USD=0.7168EUR
€709.63 EUR (13.38%)
This is the average USD to EUR Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: €709.63 EUR
Exchange Rate: 0.7168
(Inverse 1EUR=USD 1.3951)
Fees: USD 10 (1%)
Total Cost : 13.38% (from mid-rate: 0.8192)
Receive EUR €34 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate USD/EUR=0.7168 and inclusive of the fee of USD 10 (1%).
Rates snapshot: 04/23/2018
 

Sending money to Vatican City

When sending money to Vatican City 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 3 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Euro amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted EUR amount will be transfered to the recipient account you specify in Vatican City.

By comparing the 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 in Vatican City and less margins and fees kept by the banks!

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending USD 10,000 to EUR

 OFX (prev. USForex)
1USD=0.8061EUR
€8061.00 EUR (1.6%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: €8061.00 EUR
Exchange Rate: 0.8061
(Inverse 1EUR=USD 1.2405)
Fees: USD 0
Total Cost : 1.6% (from mid-rate: 0.8192)
This is the amount of money that could be received by your transfer at rate USD/EUR=0.8061 and inclusive of the fee of USD 0.
Rate timestamp : Mon Apr 23 2018 19:03:09 GMT+0000 (UTC)
Bank Rates - Average
1USD=0.7843EUR
€7831.24 EUR (4.4%)
This is the average USD to EUR International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: €7831.24 EUR
Exchange Rate: 0.7843
(Inverse 1EUR=USD 1.2750)
Fees: USD 15
Total Cost : 4.4% (from mid-rate: 0.8192)
Receive EUR €230 less than with   OFX
This is the amount of money that could be received by your transfer at rate USD/EUR=0.7843 and inclusive of the fee of USD 15.
 

Euro - exchange rates

Major EUR cross rates
View Full List (A-Z)
1EUR=

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