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Euro coins and banknotesItaly was one of the original nations to enter the Euro zone. Euros come in coin denominations of 01, 02, 05, 10, 20, 50, 1 euro and 2 euro. The bills are 5, 10, 20, 50, 100 and 200.

While each nation designs the coins that they mint within the Euro zone, Italy is unique in that it is the only nation with a different picture on each coin. Tourists arriving in Italy without foreign currency can obtain Euros at any bank, ATM machine or exchange office (Ufficio di Cambio) at airports, seaports and railway stations in the major cities. Most shops in major Italian cities and tourist areas accept traveler checks. The rate of exchange is calculated on the official daily rate of exchange printed in the newspaper.

According to European Union (EU) regulations, as a non-resident visitor you can claim a refund for the Value Added Tax (VAT) on all goods purchased in Italy and intended for personal use or to be given as a gift. The value of these goods must exceed 154,94 Euro purchased from a single shop and they must leave EU territory within three months of the date they were acquired. Be sure to keep all sales receipts since the goods will be inspected and the forms stamped at Customs in the airport from which you depart the EU. Once the stamped form is mailed back to the shop they will reimburse the tax, either in euros or as a credit to your credit card.


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