Currency and Money Tips in Amsterdam
Need some money tips while you are on your stag weekend in Amsterdam?
The €uro is the official currency in the Netherlands. If you are heading to Amsterdam for a stag weekend, you will need to exchange your currency for €uro. Do this in Amsterdam at the banks for the best rate or ask your female guide for advice!
You can always use your credit or debit card to withdraw €uro's from a local cashpoint machine which are everywhere.
You may exchange your money for the Euro at most Amsterdam banks or at specialized stores called Foreign Exchange Bureaus. Look for signs that say Bureau De Change, Geld Wechseln or Cambio. Commission is around 2%. You may be able to exchange your money at Amsterdam airport, but exchange rates will be high so it's better to wait and speak to your stag guide. Never change money in the street!! .
£1 = €1.25
£5 = €6.25
£10 = €12.50
£50 = €62.50
£100 = €125.00
£500 = €625.50
£1 000 = €1250.00
You can also inquire about Travellers Cheques. Large banks accept traveller's cheques issued by Thomas Cook, American Express and Visa. The charge for changing travellers' cheques is a minimum of 1% of the cheque's nominal value.Traveller's cheques are not accepted very widely though, so it's better to walk around with the minimum cash and a bank card.
Also, before your trip, consult with your credit or debit card bank about the foreign exchange transaction fees charged for using your card in Amsterdam, Holland. Mastercard and Visa payment cards are widely accepted (both signature-based and with PIN-number), Diners Club is widespread.
Banking hours: Mon-Fri .Some banks are open on Saturdays in the shopping centres.
General Stag Costs:
Fast-food meal: €5.00 EUR
Restaurant meal: €10.00-€15.00 EUR
Taxi: €1.00 -€2.00 EUR/kilometer
Local Beer: €1.60 EUR (1/2 litre)
Local Shot: €1.50 EUR
Nightclub entry: €5-10 EUR
If there is anything else we may help with, please do not hesitate to contact us: