Another good place to change might be an exchange office at Damrak 31, they usually have the best rates in the area. Open 24 hours. In Amsterdam and in the rest of Netherlands we use the Euro currency.
There are 8 coins; 1, 2 and 5 cent, 10, 20 and 50 cent, 1 and 2 Euro coins. Then there are the bills of 5, 10, 20 and 50 Euro, , and Euro notes. Across the eurozone, the individual countries are responsible for designing their own coins and printing their banknotes. While banknotes are homogenous across the eurozone, every country has its own national design on one side of the coins.
The common side — shared by all countries in the eurozone — features the numerical value of the coin and a map of the European Union. In the Netherlands, euro coins minted from to feature the Dutch Queen Beatrix on the national side. Since , when the queen abdicated the throne, designs have featured King Willem Alexander. Despite the individual designs, Dutch coins can be accepted throughout the eurozone, and vice versa.
The two smallest coins — the one and two cent coins — are often avoided in Dutch shops. Instead, cash transactions are rounded up to the nearest five cents. This generally means one cent, two cents, six cents, and seven cents are rounded down to the nearest five cents while three cents, four cents, eight cents, and nine cents are rounded up. ATMs are perhaps the best place to get the local currency once you arrive in the Netherlands.
Called geldautomaat in Dutch, ATMs are available virtually everywhere in the country. But if they provide an option to charge in your home or local currency, choose the local currency. The rates are usually unfavourable compared to those made by your home bank during the transaction.
Whereas in most countries, banks are a good place to exchange currency, in the Netherlands, you can only exchange currency if you have an account with the bank. Since this is unlikely for most travellers, the next best option is to use an exchange bureaus called grenswisselkantor GWK. In Amsterdam and Rotterdam, there are also independent exchange offices.
But in all occasions, expect poor exchange rates. Pott Change in Amsterdam is the one exception. Easily the worst places to exchange your money would be at Dutch airports, hotels, and businesses such as bars and coffee shops.
These places are infamous for their high fees. Instead, get the most value by jumping online. Online currency exchange retailers like S Money can offer the real mid-market exchange rates you see on Google or XE. These days, everybody travels with a bank card of some sort — but the types of bank cards and the different banks take often drastically different approaches to their fees and charges. In general, Visa and Mastercard are the most commonly accepted.
Debit cards are commonly used across the Netherlands by locals so you should have few problems using yours. Emily Burger. But here come the more tricky questions, like: Can you use your foreign bank card in the Netherlands?
What is the best way to exchange money? What if you want to shop online in the Netherlands, or make an international transfer from your new Dutch home or hotel? Previous article Decolonising Dutch museums: stolen heritage to be returned? Next article Four sunken villages discovered in Zuiderzee. She first came here for her Bachelors in Arts and Culture at Maastricht University and soon fell in love with the land of canals, clogs and cheese.
When she's not daydreaming about sci-fi movies or countries yet to explore, you can find her writing for DutchReview. Comment: Please enter your comment! Related posts. Health Press conference: lockdown measures announced, 2G policy is coming By now, you've likely heard that the Netherlands will be going into lockdown tomorrow. But you're also likely a bit Latest posts. By now, you've likely heard that the Netherlands will be going into lockdown tomorrow.
But you're also likely a bit confused. Is it really It seems like half the Netherlands is holding its breath, waiting for Rutte and De Jonge to explain the partial lockdown at the press We've all experienced it. You're innocently cycling along when all of a sudden, up ahead, a monstrous spectacle emerges. Already a user? Summary Forecast Stats Download Alerts. The official currency of Netherlands is the Euro.
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