Depending on your country of origin, you may need to change your money, so that you can use it in both Ireland and Northern Ireland… But how? Where to change money and how to avoid currency conversion pitfalls? If you’re new to the subject, here are a few tips on how to use your money wisely during your trip to Ireland.
Before we begin, it’s important to know that the island of Ireland has a rather special geopolitical status. To put it simply, the island is divided into two distinct territories: the Republic of Ireland (in the south), and Northern Ireland.
The Irish Republic is part of the European Union, while Northern Ireland is part of Great Britain…
This has a direct impact on the currency used:
It’s also important to know what currency you’ll need to exchange your money into! Because the euro is not accepted in Northern Ireland, nor is sterling in the south.
Make no mistake: you’ll incur additional exchange costs!
Changing your money in Ireland into the right currency is easy enough. There are several ways of doing this, but each has its advantages and disadvantages.
Many currency exchange offices are available in Ireland. They are generally known as“Currency converter” or“Currency Exchange“. You’ll find them at local airports and banks.
Note that some specialized establishments in town also offer this type of service. They can be found in some railway and ferry terminals. You can easily exchange your currency here.
Please note that conversion charges apply: these are generally a percentage deducted from the amount to be exchanged. Don’t hesitate to ask for information beforehand, and to check the fees that apply from one exchange office to another… Some may be more expensive than others (as is the case at some airports).
If you don’t want to use the exchange offices, you can also withdraw euros or pounds sterling from local ATMs. But beware, conversion fees may apply!
Be sure to check the transaction fees associated with your credit card: the amounts can quickly explode depending on your rights. Be sure to check with your bank before you travel.
This advice only applies if you are already in possession of euros, or pounds sterling, and are about to move from the Republic of Ireland to Northern Ireland (or vice versa).
You can change your currency in grocery stores or shops located where the old border posts used to be. It’s a practical option if you’re only staying for a short time, and it won’t cost you much.
Shopkeepers readily accept local currencies, and this will do you a world of good.
The exchange rate, whether for euros or pounds sterling, may vary according to market fluctuations. Don’t hesitate to check rates before converting your money: there are better times to do this.
In short, prepare well in advance, choose wisely where to change your money, and make the most of your trip to Ireland and Northern Ireland!
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