What currency does Majorca use?

The official currency in Mallorca is the euro. Since the U.S. dollar to euro exchange rate fluctuates, be sure to check the current exchange rate before you visit.



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The currency in Majorca is the Euro (€). Thanks to our Thomas Cook Travel Money you don't even have to leave your house to snap up some of the best exchange rates. Better yet, it's delivered straight to your door.

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Mallorca offers tons to see and do on the cheap, from sandy beaches and inviting markets to impressive natural features and historical sites on a fun-filled Mediterranean island. With such a diverse array of affordable activities, your trip to Mallorca can be packed full of fun while staying on budget.

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The best time to visit Mallorca is the shoulder season in April–May and September–October—days are warm and crowds are few. Most hotels and restaurants are open, and it's a prime time to enjoy outdoor activities like hiking and mountain biking.

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Why are prices rising in Mallorca? A year on from Russia's invasion of Ukraine, energy and food prices - which surged at the onset of the war - remain high. In Majorca, inflation is currently at 5.8 per cent. The increase in tourism prices can be partly attributed to this global price surge.

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A vacation to Spain for one week usually costs around €1,050 for one person. So, a trip to Spain for two people costs around €2,101 for one week. A trip for two weeks for two people costs €4,202 in Spain.

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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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The current All Inclusive Restriction areas in Mallorca , introduced by Law 2020, are ONLY El Arenal and Magaluf which limit alcohol to only 3 drinks per adult each meal.

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Under post-Brexit rules, Spanish border officials can ask travellers to show that they have 'economic resources' to cover the cost of their trip. This amounts to €100 for each day of their trip. They must also possess a minimum of €900 for their whole stay.

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In Spain you can pay in cash in almost all cases, and usually only Euros are accepted. In some cases, if the payment is made through a machine, it may be necessary to pay by card. The option to pay with credit and debit cards, mainly Visa and Mastercard, is very widespread.

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Economic means may be accredited by presenting cash, traveller's cheques, a credit card accompanied by a bank account statement, an up-to-date bank book, or any other resource that accredits the amount available, such as a credit statement regarding the card or bank account.

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“Mallorca” is the Spanish spelling of the island, while “Majorca” is the most popular spelling in English, as well as other languages and countries. Officially, the name of the island is Mallorca, which is technically the correct spelling.

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Undoubtedly, the most beautiful places to stay in Mallorca are concentrated in the Tramuntana Mountains, which dominate the western flank of the island. If you want to stay in an idyllic mountain village, we recommend Sóller, Deià, or Valldemossa.

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The 15 best places to visit on Mallorca
  • Banyalbufar. ...
  • Deià ...
  • Valldemossa. ...
  • Santanyí ...
  • Portocolom. ...
  • Orient. ...
  • Fornalutx. ...
  • San Telmo. Where the mountains meet the sea, less than ten minutes west of Puerto Andratx, you'll find San Telmo, or Sant Elm, a simple fishing village where the fishermen's houses line the sea's edge.


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“Mallorca” is the Spanish spelling of the island, while “Majorca” is the most popular spelling in English, as well as other languages and countries. Officially, the name of the island is Mallorca, which is technically the correct spelling.

MORE DETAILS