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Is it better to exchange money in Greece?

If you are exchanging at a brick-and-mortar bank, costs will be high regardless of if it is at home or in Greece due to poor exchange rates and high fees. Instead, we generally recommend you use your debit card or multi-currency account debit card at a local ATM in Greece to withdraw the local currency.



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Plastic money is widely accepted in Greece, and the exchange rates are rather favorable. Still, it would be best if you carried some cash, as many street vendors, artists, and small cafes only accept cash, while also cash is the preferred method of tipping in Greece.

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Banks and credit unions are generally the best places to exchange currency, with reasonable exchange rates and the lowest fees. Here's how financial institutions — and a few other places — can help travelers exchange currency.

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While you'll always need some cash, using a credit card for your spending needs can significantly simplify overseas travel. You won't really have to deal with converting currency and, armed with the right credit card, you won't pay unnecessary foreign transaction fees.

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The best way to get Euros in Greece is via an ATM or to exchange American dollars for Euros before you arrive. The exchange rate is more favorable, and the process is more convenient.

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Its stunning beaches and unique islands makes a vacation to Greece a trip to paradise. Though Greece has a cash-preferred economy, credit and debit cards are accepted as well. A credit card that saves on foreign transaction fees is a good card to bring along.

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Its stunning beaches and unique islands makes a vacation to Greece a trip to paradise. Though Greece has a cash-preferred economy, credit and debit cards are accepted as well. A credit card that saves on foreign transaction fees is a good card to bring along.

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Despite problems in the Greek economy, it's still on the expensive side to travel to Greece. Budget travelers should plan on $50 a day, while mid-range to luxury travelers can expect to pay between $150 to $350 a day, or higher if you plan to visit more than one of its 200 islands. All prices are in US dollars.

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Restaurant workers in Greece don't expect you to tip, though the restaurant may sometimes charge a service fee. That fee can function as a tip instead, though it may go to the restaurant instead of the server. If you want to see your waiter receive the tip, you're better off leaving coins with the bill.

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If you make smart choices, it is possible to spend a week in Greece for under 400-500 euro per person. But if you are interested in luxury hotels or upmarket restaurants, the average cost can easily jump to over 1,500 or 2,000 euro.

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Budget-Friendly Travel Planning Past travelers have spent, on average, €40 ($43) on meals for one day and €30 ($32) on local transportation. Also, the average hotel price in Greece for a couple is €148 ($159). So, a trip to Greece for two people for one week costs on average €2,173 ($2,330).

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So, how much does it cost to go to Greece? Based on my estimates, your Greece costs will be about $4,455 per person for two weeks. Remember, this estimate is based on visiting the most popular islands (Santorini and Mykonos), which are also the most expensive.

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Budget-Friendly Travel Planning You should plan to spend around €155 ($166) per day on your vacation in Greece, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, €40 ($43) on meals for one day and €30 ($32) on local transportation.

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Lunch and beverages Main dish at a normally-priced restaurant: € 8 ( US$ 8.50) - € 13 ( US$ 13.80). Desserts: € 3.50 ( US$ 3.70) - € 5 ( US$ 5.30). Dinner for two in a restaurant: € 40 ( US$ 42.30) (without wine).

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Is 500 euro enough in Greece? Rent excluded, the average living expenses for a single person in Greece is around €600 per month. If you're a university student, you'll need about €500 monthly. Whereas a family of four might need about €2,000 per month.

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Banks and credit unions are generally the best places to exchange currency, with reasonable exchange rates and the lowest fees.

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European travelers should always have some cash on hand; getting it from an ATM abroad is usually the easiest, most advantageous way. If you need cash from an ATM, it's usually better to use a debit card, because credit cards often charge a high interest rate for a cash advance.

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Buy currency before you travel.
Doing so gives you time to shop around for the best rate. Plus, when you arrive, you won't have to immediately find a bank or currency exchange. Do some research ahead of time to see if US dollars are widely accepted at places you plan to go to.

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