Victoria Copp

What currency is used in Tenerife?

by Victoria Copp on March 2, 2011

Tenerife currency is the Euro. Tenerife itself is the largest and most popular Canary Island with over 10 million visitors every year. With warm pleasant weather all year round and being only a short flight away from the UK, Tenerife is an extremely popular tourist destination for Brit’s especially during the Autumn and Winter when the rest of Europe is cold.

The currency of Tenerife is the Euro, which is made up of smaller denominations called Cents.  1 Euro = 100 Cents. Euro notes are available in the following denominations 500 Euros, 200 Euros, 100 Euros, 50 Euros, 20 Euros, 10 Euros and 5 Euro notes. Coins are available in 2 Euro, 1 Euro, 50 Cents, 20 Cents, 10 Cents, 5 Cents, 2 Cents and 1 Cent coin.

Best Exchange rates
Before you travel to Tenerife it is advisable the you buy your travel money. Visit the Compare Currency travel money table to find out how is offering the best Euro exchange rate. We monitor the exchange rates offered on the high street and online to bring you the best travel money deals available.

Do not leave buying euros until the last minute, if you convert pounds into Euros at the Airport you will leave yourself feeling rather short changed. Airport bureau de changes like the high street banks offer very uncompetitive exchange rates. Before you go on holiday you must buy euros online and receive the cash delivered to your home address. You will receive a far better exchange rate an save money. Buy currency online now.

Currency exchange in Tenerife
Although we would always recommend buying your travel money before you go on holiday there are times when you will find yourself running low on money and need to withdraw more money to convert into Euros.  In Tenerife there is an abundance of banks and ATM machines. You will be able to withdrawal Euros from any ATM machine where the VISA or Mastercard is displayed.  The banks in Tenerife generally offer better exchange rates than the Cambio de Change shops. You can also buy Euros in most major hotels.

You can use your debit and credit cards any shop, restaurant or hotel where the Visa or Mastercard sign is displayed.

Tenerife Bank Opening hours

Monday-Friday 09:00-14:00
Saturday  09:00-13:00 (No Saturday opening from June-October)

At Compare Currency we offer you impartial information to enable you to find the best travel money deal using our travel money comparison table. Find out which UK foreign exchange provider is offering the best currency exchange rate and buy travel money online now.

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