European Union

Exchanging national currency

Exchanging national currency

When you can exchange old currency

You can exchange your old national currency free of charge during a changeover period to the euro in your country. In some countries this period is limited, and in others there is no deadline.

From national currency to the euro

During the changeover process to the euro, national central banks gradually withdraw the national currency from circulation. This process includes a ‘dual circulation period’ where both euro and national currencies can circulate together as legal tender. During this period, retailers help remove the old currency by giving euro in change, and people can swap the old currency for euro at banks.

Exchanging at retail banks

High street banks allow you to exchange old currencies for euro during the dual circulation period, and sometimes longer. There can be time limits, and charges may apply after these expire. Restrictions may also apply on the amounts that you can exchange.

Exchanging at central banks

You can exchange your old currency at a central bank for a much longer period. Like retail banks, central banks might apply limits on the amount per transaction. Very old cash may not be exchangeable.

National exchange calendars

National central bank

Banknotes until Coins until
Austria Unlimited Unlimited
Belgium Unlimited Expired in 2004
Cyprus 31 December 2017 Expired in 2009
Estonia Unlimited Unlimited
Finland Expired in 2012 Expired in 2012
France Expired in 2012 Expired in 2005
Germany Unlimited Unlimited
Greece Expired in 2012 Expired in 2004
Ireland Unlimited Unlimited
Italy Expired in 2012 Expired in 2012
Latvia Unlimited Unlimited
Lithuania Unlimited Unlimited
Luxembourg Unlimited Expired in 2004
Malta 31 January 2018 Expired in 2010
Netherlands 1 January 2032 Expired in 2007
Portugal 28 February 2022 Expired in 2002
Slovenia Unlimited Expired in 2016
Slovakia Unlimited Expired in 2013
Spain Unlimited Unlimited
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