Local Currency and Exchange Information

The local currency in Athens, Greece, is the Euro (€). As of October 2023, the exchange rate is approximately 1 Euro = 1.05 USD, but this can fluctuate, so it's wise to check current rates before traveling.

Currency exchange can be done at banks, ATMs, and currency exchange offices. ATMs are widely available and usually offer competitive exchange rates. It's advisable to withdraw cash in Euros directly, rather than exchanging money at a currency exchange office, which may charge higher fees.

Payment Methods and Banking Options

In Athens, both cash and card payments are commonly accepted, though cash is still preferred in many small shops, markets, and local eateries. Major credit cards such as Visa and Mastercard are widely accepted in hotels, restaurants, and larger retail stores.

• ATMs: Available throughout the city, but be cautious of fees. Look for ATMs that belong to your bank’s network to minimize costs.
• Credit/Debit Cards: Visa and Mastercard are the most accepted. Notify your bank of your travel to avoid any blocks on your card.
• Mobile Payments: Contactless payments through apps like Apple Pay and Google Pay are increasingly accepted.

Tipping Customs and Payment Etiquette

Tipping in Athens is customary but not mandatory. Here are some guidelines to follow:

• Restaurants: Leaving a tip of around 5-10% is appreciated, especially if the service is good.
• Taxis: Rounding up to the nearest Euro is common practice.
• Bars/Cafes: Leaving small change or rounding up the bill is typically sufficient.

When paying, it’s polite to hand the payment directly to the server rather than placing it on the table.

Cost Considerations and Budgeting Tips

Athens can be affordable or pricey, depending on your choices. Here are some cost considerations to keep in mind:

• Accommodation: Budget hotels and hostels can start from €20-€50 per night, while mid-range hotels range from €70-€150.
• Food: A meal at a local tavern may cost around €10-€20, while dining at upscale restaurants can be €30 or more.
• Public Transport: A single metro ticket costs about €1.40, while a day pass is approximately €4.50.

To budget effectively, consider allocating around €50-€100 per day for meals, transportation, and activities, depending on your travel style.

Practical Financial Advice for Travelers

• Use a Credit Card: When possible, use a credit card to avoid carrying large amounts of cash and to take advantage of better exchange rates.
• Notify Your Bank: Inform your bank of your travel plans to prevent any disruptions in card use.
• Keep Emergency Cash: Carry a small amount of cash for emergencies, especially for places that do not accept cards.
• Check Fees: Be aware of any foreign transaction fees your bank may charge and choose ATMs wisely to minimize withdrawal fees.

By staying informed and prepared, you can manage your finances effectively while enjoying your trip to Athens!