Greek Money: Currency, Payments & Budget Tips for Travelers
Understanding money in Greece is essential for a smooth trip — from knowing how to pay at local tavernas to finding the best way to withdraw cash. Greece uses the Euro (€) and offers a convenient mix of cash and card options for travelers. This Greek Money Guide will help you manage your finances confidently during your visit to this beautiful Mediterranean destination.
Currency in Greece
The official currency of Greece is the Euro (EUR). Coins come in denominations of 1, 2, 5, 10, 20, and 50 cents, while banknotes are available in €5, €10, €20, €50, €100, and €200. The Euro is accepted everywhere — from big cities like Athens and Thessaloniki to small island villages.
Greece joined the Eurozone in 2001, replacing the drachma. Prices are generally lower than in Western Europe, making Greece an affordable yet high-quality destination for travelers.
Using Cash in Greece
Cash is still widely used, especially in rural areas and on smaller islands. While major establishments accept cards, many local shops, traditional tavernas, and taxi drivers prefer cash. It’s always smart to carry some Euros with you for small purchases or emergencies.
When visiting islands like Paros, Naxos, or Kefalonia, you might find a few ATMs only in main towns. Plan ahead and withdraw cash before heading to remote beaches or mountain villages.
Credit & Debit Card Payments
Most hotels, restaurants, and stores in Greece accept major cards like Visa and MasterCard. American Express is accepted less frequently, especially outside tourist hubs. Contactless payments and mobile wallets (Apple Pay, Google Pay) are becoming more common, especially in Athens and Santorini.
Tip: When paying by card, always choose to be charged in Euros rather than your home currency — this avoids poor conversion rates and extra bank fees.
ATMs and Money Exchange
ATMs are easily found across Greece — in airports, ferry ports, and city centers. However, some may charge withdrawal fees (usually €2–€3). Always check your home bank’s foreign transaction policies before traveling.
- Use ATMs from reputable banks like National Bank of Greece, Alpha Bank, or Piraeus Bank.
- Avoid standalone “Euronet” ATMs — they often have higher fees and poor exchange rates.
- Currency exchange offices are available in major tourist areas, but ATMs generally provide better rates.
If you plan to visit remote islands, withdraw enough cash in advance. Many ferry ports and island airports also have ATMs, but they can run out of money during peak season.
Tipping Etiquette in Greece
Tipping is appreciated but not obligatory. Here’s a simple guide for travelers:
- Restaurants: 5–10% of the bill or rounding up is sufficient.
- Cafés & Bars: Leave €1–€2 or round up the total.
- Taxis: Rounding up the fare is common (no need for a full tip).
- Hotels: Porters €1–€2 per bag, housekeeping €2–€3 per night.
- Guides: For private tours, €10–€20 per person depending on the length and quality.
Always leave tips in cash and hand them directly to the person when possible — it’s considered polite and personal.
Travel Budget Tips
Greece offers a wide range of experiences for all budgets. Here’s a quick overview of average daily costs:
| Category | Budget Traveler | Mid-Range | Luxury |
|---|---|---|---|
| Accommodation | €30–€60 | €70–€150 | €200+ |
| Meals | €15–€25 | €30–€60 | €80+ |
| Transportation | €5–€15 (bus, metro) | €25–€50 (taxis, ferries) | €100+ (private transfers) |
| Attractions | €10–€20 | €25–€50 | €60+ |
Greece remains one of the best-value destinations in Europe. Even popular islands like Santorini or Mykonos can be affordable if you book early and travel outside the July–August high season.
FAQs About Greek Money
What currency is used in Greece?
Greece uses the Euro (€), the common currency of the European Union.
Are credit cards widely accepted?
Yes, most places accept Visa and MasterCard, but small shops and local tavernas may prefer cash.
Are ATMs easy to find in Greece?
Yes, especially in cities and tourist islands. Withdraw cash in advance if visiting remote areas.
What is the tipping culture in Greece?
Tipping is appreciated but not mandatory — 5–10% in restaurants and rounding up fares is enough.
Can I pay in US dollars or pounds?
No, Greece accepts only Euros. Exchange your money at ATMs or official exchange offices.
