How well accepted is the Euro in Gibraltar?
I am planning a day trip to Gibraltar. Should I consider bring some Pounds, take some pounds from the atm in gibraltar, or rely on euro?
Best Answer
Wikitravel covers this, to some extent.
Essentially, while the official currency is the Gibraltar pound, British pounds are also legal tender.
However:
Most shops in Gibraltar will accept US dollars and Euros
So if you want to be safe, I guess, and if you're going to the UK any time soon, get some British Pounds, as that's legal tender both in the UK and Gibraltar, while the Gibraltar pound is not technically legal tender back in the UK. If, however, you have Euros/USD, they will likely be accepted in most places anyway.
Note, however, if you're considering Euros:
Bear in mind that shops will generally give you a more expensive rate of exchange than the numerous exchange offices and generally won't accept small change. Government offices, post offices and some payphones do not accept foreign currency, and will require you to pay in pounds.
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Are Euros accepted in Gibraltar?
Some businesses accept euros, although exchange rates may not necessarily be favourable. Change is normally given in Sterling. UK debit cards and all major credit cards are widely accepted in Gibraltar.What currency should I take to Gibraltar?
Gibraltar uses the pound sterling. Whether it is issued in the UK or Gibraltar doesn't matter. So there is no need to change any money to use in Gibraltar.Is Gibraltar currency accepted in UK?
You'll also have a dedicated set of UK bank details to share with friends, colleagues, or even your employer. This comes in the form of a sort code, account number, and British IBAN \u2014 all of which are perfectly valid in Gibraltar.Why is GIBRALTAR the most SUCCESSFUL place in EUROPE? - VisualPolitik EN
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Answer 2
You shouldn't rely on the Euro in Gibraltar because it's not their currency. You will be able to use Euros in some places (not all) but you will get a very bad exchange rate.
It depends on how much you will be spending but either taking British or Gibraltarian pounds with you or taking them out from a cash point will most probably save you money.
It's important to remember that if you take any Gibraltarian pounds home with you that you won't be able to convert them as easily as British pounds into Euros so that may persuade you to take some British pounds with you.
Edit: the use of British in this context referred to the currency used in the UK (or GBP).
Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.
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