What Currency Does France Use? A Quick Guide for You

If you’re traveling to France, you’ll need to know what currency to use and how best to manage your money.

In this guide, we’ll explain everything you need to know about euros, currency exchange and how you can typically pay for things in France.

A useful tip: with the iRoamly France travel eSIM, you can easily check your card balance and find nearby currency exchange points online.

What Currency is Used in France?

It’s the euro (€), the currency used by most European Union-countries. The euro replaced the French franc in 2002, and it’s been the official currency of France ever since. Let’s take a closer look at it.

A Bit of Euro History in France

The euro is designated by the EUR, and represented by €. It may have come into effect as currency in France on January 1, 2002, but before that, it somewhat existed as a "book currency" during a three-year changeover period, existing mostly in electronic form or on paper.

It wasn’t until 2002 that physical banknotes and coins entered circulation, although the euro had been in use in many other European countries for some time. It is now recognised in 19 of the 27 member states of the European Union.

The French Franc: A Brief History

Before the euro, there was the French franc (FF). It was first minted as a coin in the early 14th Century, and underwent several changes in its history, including being redenominated in the 1960s as the “Nouveau franc” (NF) with 100 converted franc to a NF.

The euro squeezed it out over time, though some people in France continued to refer to prices in "old francs" for a while following the switch. While the franc is long gone, in spoken French metaphors and phrases, references to money or value are still often made in francs to indicate an old, outdated number.

Exchange Rate and Denominations

If you are visiting France, you will most likely need to exchange your own currency for euros. Please note that rates fluctuate, so always check on a currency conversion site for the most up-to-date rates. As of writing, 1 US dollar will buy you approximately €0.90-0.95, but this amount can vary.

Here are some major global currencies and their exchange rates:

Euro Denominations

Here’s what you can expect in terms of euro notes and coins:

Where Can you Exchange Currency in France?

While in France, you have a variety of options for exchanging foreign currency into euros:

ATMs

Often the simplest and quickest method is to use an ATM. These can be found everywhere from airports to town centers, and operate 24/7. Most machines will take major card types like MasterCard and Visa, and many have instructions in English.

If you have a debit card, you’ll often find ATM withdrawals are cheaper than using your credit card, with lower charges for debit transactions.

Banks

French banks can exchange currency, but they generally won’t do it unless you’re a customer. If you do manage to find a bank that provides this service, the typical hours are Monday to Friday 0900-1700 or 1800. Some branches may close briefly around lunch.

Currency Exchange Offices

Exchange points are common in tourist areas and near train stations or airports, such as Paris, one of the places worth visiting in France. Exchange points are usually open during standard business hours and may even be open on weekends, but be aware that the exchange rate will be lower.

Be sure to calculate any fees or commissions for using an exchange office – these can vary. 

On average, exchange offices are likely to take around a 5 per cent spread between what they buy and sell currency for, one applied mainly against buying from you.

It can pay to exchange larger amounts at these places to make the commission charges worthwhile. 

Also triple check you’ve got some identification, as you may be asked for it.

Payment Methods in France

When in the country, you’ll have a few different ways to pay for your expenses:

Credit and Debit Cards

Credit and debit cards are very widely accepted in France, particularly in built-up areas or larger stores or retail chains. They’re useful for larger purchases, or if in a busy tourist area. However, do expect smaller stores, markets or cafes to be cash-only.

Euro Cash

Try to keep a bit of cash on you, especially if you plan to visit smaller shops, markets, or rural areas. Some locations, particularly in the countryside, may not accept cards.

Traveller’s Cheques

Although increasingly less of a thing these days, traveler’s cheques can still be used. Best bets for cashing them would be at a bank or exchange point, though be prepared to pay a small service charge for the hassle. Don’t forget your passport as well for identity checking.

Travel Tips for France

Get a VAT Refund

There’s an opportunity for non-EU residents to get some refund on the VAT (Value Added Tax) they pay on purchases in France. The minimum spend in a single day is €175, and if you have you can apply for a refund. 

This can be a big saving on big ticket or luxury items – just get a retail export form when you are shopping.

Tipping in France

Tipping isn’t obligatory, but it’s generally appreciated as good manners. Many restaurants will include a service charge in the bill (look for “service compris”), but leaving coins or rounding up to around 5-10 percent of the bill is a nice touch.

Using Public Transportation

Navigating France is really straightforward, thanks to a mix of public transport options. If you’ll be in the French capital for a few days and using public transport a lot, consider picking up a Paris Visite pass for big savings on time and money.

Summary

To sum up, France uses the euro (€) and you can easily swap your local money out for a few notes and coins at ATMs, banks or exchange offices.  It makes sense to travel with a mix of physical cash and cards, given smaller businesses may prefer the former. Keep the basics in mind and your money will – mostly – take care of itself when you’re in France!