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How much is the pound to the Euro in Tenerife?

The currency used in the Canary Islands is Euros, which is what is used in most of Europe. 1 British Pound is equivalent to 1.1 Euros so it shouldn't be too hard to convert. Knowing how much cash you should bring depends on your length of stay and your itinerary.



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The legal tender used in Tenerife is the euro. If you are travelling from a country outside the eurozone, you will be able to change money by showing your passport at a number of exchange offices located in tourist areas, which tend to charge comparatively lower commission rates than elsewhere.

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Past travelers have spent, on average, €39 ($41) on meals for one day and €60 ($63) on local transportation. Also, the average hotel price in Tenerife for a couple is €106 ($112). So, a trip to Tenerife for two people for one week costs on average €1,795 ($1,898).

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How much money can I take with me to Spain? UP to 10,000 euros without declaring. Whether you are travelling with euros or with the currency of another country, the limit is 10,000 euros or equivalent.

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Discover Tenerife on a budget, from cheap hideaways to volcanic heights
  1. Look for low-cost flights. ...
  2. Avoid peak season for the best deals. ...
  3. Take a shuttle instead of a taxi to your resort. ...
  4. Invest in a travel pass. ...
  5. Hop on the guagua to Mt Teide. ...
  6. Look out for car rental deals. ...
  7. Pick your resort or town wisely.


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Eating out doesn't have to be expensive in Tenerife (although you can definitely find some restaurants suitable for fine dining and even Michelin stars restaurants). Menu del Dia in Santa Cruz de Tenerife - starting at 7.5€, including a starter, main dish, and drink.

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You may want to investigate banks that do not charge ATM fees and/or banks that are found throughout Europe. The cheapest and easiest way-and the best exchange rates-to get your hands on some euros is to simply use your US based bank's ATM/debit card at the many ATMs located throughout Madrid.

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The best way to get local currency (Euros) is to use a debit card, able to access the Visa, Mastercard, Cirrus or Maestro networks, in an ATM (Interac cannot be used). Usually, the bank rate will be given for exchange rather than the local tourist rate.

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How much money can I take with me to Spain? UP to 10,000 euros without declaring. Whether you are travelling with euros or with the currency of another country, the limit is 10,000 euros or equivalent. Above this amount, you will have to submit a declaration to the customs services.

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The currency in Tenerife is the Euro. As it's part of Spain, Tenerife is in the eurozone – so you might even have some currency to hand from your last holiday to get you started. For the best rate, buy your travel money before you go.

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Resist the urge to buy foreign currency before your trip. Some tourists feel like they just have to have euros or British pounds in their pockets when they step off the airplane, but they pay the price in bad stateside exchange rates. Wait until you arrive to withdraw money.

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