Guide to Currency of France

Are you excited for your upcoming trip to Paris? Before you go, take a moment to get familiar with the Euro (€), the official currency of France and much of Europe. To make your trip smoother, let’s learn about the different types of notes, payment methods and ways to save money. This blog will help you understand everything about currency for Paris, France.

List of currency notes in France

France uses Euro (€) banknotes and coins. They vary in size and colour, making them easy to distinguish for tourists. Here is a breakdown of circulating banknotes:

●       Euro banknotes

●       Euro coins

Using Indian currency

You cannot use Indian currency in France. The INR must be converted to Euros before departure or upon arrival in Paris. Here’s how you can do it:

• Currency exchange counters: You can exchange money at currency exchange kiosks available at airports, banks, and currency exchange offices in Paris. However, they may charge a fee for the service.
• Local Indian banks: Some banks allow you to exchange INR for Euros before you travel.
• Online forex services: These digital platforms let you exchange INR for French currency, before travelling.

Methods of payment in France

In France, payment methods like cash, cards and digital payments are widely used. Banknotes are commonly accepted in small shops, bakeries, markets and cafés. Visa and Mastercard are widely used across France, but acceptance of American Express may be limited in certain places. Additionally, contactless payment is common and allows you to tap your card instead of inserting it.

Apps like Apple Pay, Google Pay and Samsung Pay work in most places. Additionally, you can use prepaid Forex cards. They are a safer alternative to carrying cash in Paris. These cards allow you to preload Euros and use them like a debit card. Many banks and travel agencies offer them with competitive exchange rates and low fees.

Tips to save money when travelling in France

Paris can feel expensive, but you can save money with these smart tips:

1. Currency exchange tips: Avoid exchanging money at airports since they charge high fees. Moreover, compare rates at different exchange counters before exchanging.
2. Using cards wisely: To avoid high bank charges on card transactions, use a Forex card.
3. Saving on transport: Buy a Paris Visite travel card for unlimited metro, bus and tram travel. In Paris, you can rent public bicycles or walk instead of renting expensive taxis.
4. Eating and shopping on a budget: Avoid eating at restaurants near major tourist attractions. For shopping, explore the local flea market or thrift shops.
5. Accommodation tips: Stay in a budget hotel or Airbnb instead of expensive hotels. Moreover, book hotels in outer districts (arrondissements) for lower prices.

FAQs

1. What is the best way to carry money in Paris?

A mix of cash, credit/debit cards and a Forex card is the best way. Keep €20 to €50 in cash for small purchases.

2. Can I use Indian Rupees in France?

No, you must exchange INR for Euros before or after arriving in Paris.

3. Which Indian banks offer Forex cards?

Many banks offer Forex cards that can be used in France.

4. Should I exchange money before leaving India?

Yes, it’s good to carry some Euros from India to avoid high airport exchange fees.

Conclusion

Understanding exchange rates related to the euro currency, France can help manage your travel budget on your trip to Paris. It allows you to budget more effectively and avoid unexpected expenses during your trip. Moreover, the information lets you choose the best exchange options.

When in Paris, use a combination of cash, Forex cards and credit/debit cards for smooth transactions. Besides that, take time to buy reliable travel insurance for France. It will protect you against unexpected expenses such as medical emergencies, lost luggage or trip cancellations. Having a good travel insurance plan ensures you are protected while exploring Paris, allowing you to focus on enjoying your trip.

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.