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Portuguese Currency.

Find out what currency is used in Portugal, tips and tricks for Portuguese currency exchange, and how you can save money on your visit with the Wise euro card.
Portuguese currency

What is the currency in Portugal?

The currency in Portugal is the euro. Each euro is divided into 100 cents.

When you’re buying currency for Portugal, look out for the currency code EUR. And once you’re in Portugal, you’ll see the symbol € used to show prices.

You’ll find Euro banknotes in denominations of 5, 10, 20, 50, 100, 200, and 500 - although the 200 and 500 EUR notes are seldom used. There are also 1 and 2 euro coins.

Cents come in coins of 1, 2, 5, 10, 20 and 50.

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Use the Wise euro card to spend in Portuguese currency.

The Wise euro travel money card lets you top up in your local currency, and switch to euro to spend when you’re in Portugal. You’ll get the best rate for spending in euro - and can also hold and spend 50+ other currencies with the same card.

Get your Wise debit card online for free, to send and spend money around the world at the real exchange rate.

Simply top up your card and convert to the currency you need in real time using the Wise app.

You’ll always get the real exchange rate with no hidden costs, and you’ll avoid foreign transaction fees while withdrawing from ATMs abroad, paying in restaurants and shops, and buying your accommodation and flights.

Learn more about the euro card

Portuguese currency card

Tips for exchanging currency in Portugal.

Familiarise yourself with the mid-market rate before your trip.
The mid-market rate is the true exchange rate - with no sneaky hidden fees. Use an online currency converter before your trip to get a feel for what your money is worth and make sure you get a fair rate when you buy your travel money.
Convert GBP to EUR >
Choose to be charged in Portugal currency when withdrawing from ATMs.
Being offered to pay in your own currency at an ATM is a sneaky trick and causes many travellers to pay more than they need to. Always choose to pay in the local currency - in this case, euro - to cut your costs and get the best rates available.
Avoid changing currency at airports or hotels.
Currency exchange desks at airports and hotels often markup the exchange rates they use, and may charge hidden fees. Avoid this expensive option whenever you can.
Use the Wise debit card to spend in Portugal without rip-off fees.
Withdraw money, pay for meals in restaurants or spend in shops in euro, all at the real exchange rate with the Wise debit card.
Get your travel money card >

Spending money in Portugal.

Paying by credit or debit card in Portugal

In Portugal, large, upmarket, and chain shops and restaurants - as well as hotels - are likely to take card payments. However, smaller family run places may prefer cash, so carrying both is a smart move.

ATMs in Portugal

You'll be able to find ATMs - called Multibanco - in cities and towns across Portugal.

However, small villages and remote areas won't have ATM coverage, so carry cash if you're adventuring off the beaten track.

To get the best deal when spending on card or withdrawing money in Portugal, don’t forget to use the Wise debit card to avoid sneaky exchange rate markups and excessive fees.

spending money in Portugal

Portuguese currency services.

Convert GBP to euro

Convert GBP to euro

Use our currency converter to see how much your money is worth in euro and familiarise yourself with the mid-market rate before your trip.

Send money to Portugal

Send money to Portugal

Need to send GBP to Portugal? Use Wise for fast, low-cost, and secure online money transfers from the United Kingdom to Portugal.

See the best euro exchange rates

See the best euro exchange rates

Compare live euro exchange rates and see how much you could save with Wise.

Portuguese currency FAQs.

The currency in Faro is the euro. Each euro is divided into 100 cents. When you’re in Portugal you’ll see the symbol € written down in shops and on menus, and the currency code EUR used in exchange offices.

Portugal entered the Eurozone in 2002. Before adopting the euro, the official currency in Portugal was the escudo.

Get your Wise debit card and save on your trip to Portugal.

Spend smart, save money. Avoid sneaky bank fees when travelling, with Wise.

Order your card now