Is American money any good in Italy?

Question

I may study abroad in Italy next year as a foreign exchange student, and I am planning on doing plenty of shopping if I do go, so is American money any good in Italy?

Answer 1

My parents went there and I'm pretty sure they had to get their currency transferred, but what I Am sure of, a pick pocket in venice made off with 400 dollars by cutting my Mums pocket on a bus.

Answer 2

No, but you can bring the american money to a bank in italy and get italian money for it.

Answer 3

in terms of spending maybe you could use dollars at the airport but otherwise no. there are a lot of exchange places where you could trade in your dollars for euros but if u do decide to do that there are lots of different prices and some of them are more pricey

Answer 4

Go to the bank there and exchange it for Euros. Another solution is to get and atm card and as you spend, the money will be deducted then converted for you. You can also deposit money in the account to replenish your spending money. If you have a set amount you can get a prepaid Visa card, with plastic you don't have to worry if you lose it or get robbed. it can be replaced pretty easy.

Answer 5

seriously you need to learn more before traveling abroad if this is a question you are asking-- you are ill prepared to do this trip if this is something you do not know the answer too

anwer I dont'y know - if you were a cleark in a store in you sity and someone tried to pay you with mexixan pesos would you take it?? NO NO NO

1. ask your self- where do they use US (it is not called american) money? In the US maybe?

2. If the US has it's own money would other countries have money they use? yes ( most of europe recently decided to use one currancy for thier money- a euro is what you call it)

3. Why woudl another country use our money?

4. If youare going to Europe to shop you do not know enough to travel-- a 3$ box of cereal here in the US cost 6 euros in Italy and while I am sure that icould not possibly explain it to you since you even asked this question that = over 9.00 in US money

lets just say that if you want to go to the bank and swap US money for 1 euro you would have to give them 1.62 cents to get one

stay home and take world history and a few more classes before going abroad

3.

Answer 6

hEy,i Live in Italy and im actually spending all my money shopping online in US Dollars..and that's because the dollar it's very Low now..! the exchange is about 1.60 US dollar for 1 euro! But..who knows what's going to happend till next year..4 months ago the Us dollar worthed 1.20 €!

Answer 7

Definitely not; most Western European Countries, including Italy, use €uro as official currency; there are different way to convert dollar in €uro, usually you can convert at your bank before departure (travelers usually don't because of the high exchange rate you have to pay to the bank) or doing the same once you're in Italy (you can also do at the airport); but the most common way is using a debit/credit card with ATM, easy to find wherever. Still ask your bank (the one that gave you your card) about the cost of withdrawal, that are higher than from a domestic ATM. Traveller's cheque are not anymore advisable.

In order to be sure is accepted wherever, it's better a Visa or MasterCard; American Express, Discovery, etc are not accepted everywhere.

Also remember €uro/dollar exchange rate says currently dollar is a weak currency and €uro very strong, so in Europe for a an American tourist life can be expensive.

Anyway, don't feel traumatized by allamericanred2 :)

Even the most expensive American brands of cereals in Italy cost no more than 3 to 4 € (4/6 $) , average is much lower.

Edit: unlike Mr Mandi belief, lira is not anymore used in Italy: can be changed in branch of Italian Central Bank *only*.

Answer 8

Any money is good anywhere as long as you exchange it for there money. In Italy $1.00 = 1236.037 lira. To check it out for yourself search money exchange.

Answer 9

You are better off exchanging it, though some places may take it for small purchases.  Even if they do, it will not be all places, and it will not be for large sums.  Additionally because the value of the dollar is decreasing relative to many currencies, you will be coming out ahead by exchanging it and then exchanging it back.

Answer 10

No.  You need euros, which is the currency used in Italy and most other European countries.  Either get some before you go through your bank or if you have a debit card, you may be able to use it at ATMs once you're there or you can exchange your USD at a bank, etc in Italy.