Euro to Kuna exchange in Germany or Croatia
We would be travelling to Croatia in the first week of August, 2015 and are wondering if it is better to exchange Euros to Kune in Germany or get Kune from Croatia itself. If in Croatia, which are the places that would provide the best exchange. If I take the exchange from Germany, I would probably go to the bank where I hold an account for exchanging Euros to Kuna. Could someone advise which one is more advantageous.
Best Answer
If you're from Germany, I would recommend using a credit card at an ATM (cash machine) in Croatia.
Currently (checked 2016-07-11), Consorsbank and DKB don't charge any fees when using their VISA card with at any ATM worldwide. There may be more banks that offer similar rates, but those two I know of.
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Is it better to exchange money in Croatia?
As the official currency of Croatia, Croatian Kuna (HRK) is the best currency to use whilst in the country. Euros is unofficially used in some situations, making it the best foreign currency to carry with you if you don't have Croatian Kunas on you.Does Croatia Use euro or kuna?
Travelers to Croatia need to be prepared to spend the kuna. Even though euros are widely accepted, using euros rather than kuna will almost certainly leave you short-changed. Use kuna either by exchanging foreign currency, withdrawing from an ATM or by using credit or debit cards to make purchases.Where can I exchange currency in Croatia?
Exchanging currency in CroatiaIn-person exchange bureaus, post offices and banks are your next-best options. Whilst some exchange kiosks don't charge a fee, most tend to charge a commission of close to 3 percent. They may also add on additional 'service charges' and fees.Do shops accept euros in Croatia?
Shops, restaurants, bars and hotels may well accept foreign currency (euro is best, then probably US dollars and British pounds), although the rate will often be poorer.EURO TO KUNA Conversion | Croatian Money | part 4
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Answer 2
I'm using a giro card and credit card from comdirect. But as far as I know my experience is generalizable. My report is referring to our vacation in Croatia in June 2016.
Paying with giro card and credit card will come with a fee. You will also have to pay a fee for fetching money from an ATM using the credit card.
What we did was fetching money on ATMs from reputable banks (f.x. Splitska Banka) using our giro card (EC card) - also check for signs of skimming.
The trick is that this will not come with a fee! At least not at those ATMs we used. If there is a fee (absolute and relative) then it should be displayed.
But you will be asked whether you want to use a guaranteed exchange rate (of about 7.1 Kuna per Euro) or one that is not guaranteed. Incidentally this rate was throughout our trip around 7.5 Kuna per Euro. That's pretty much the direct exchange rate. [1]
Following this advise will allow you to fetch money in Croatia as needed at an optimal exchange rate and without having to pay a fee. Also I felt more comfortable with this option opposed to using my cards in random restaurants and shops.
[1]: The information about this "scheme" we got at the airport right before going to Croatia from the Finanz Test magazine 06/2016. The link below seems to hold the same content while being from 2014
https://www.test.de/Geldabheben-im-Ausland-Touristenfalle-Geldautomat-4702441-0/
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