Ireland has the euro € as its sole currency along with 24 other countries that use this common European money. These 24 countries are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain official euro members which are all European Union member states as well as Andorra, Kosovo, Monaco, Montenegro, San Marino and the Vatican which use it without having a say in eurozone affairs and without being European Union members. Together, these countries have a population of more than 330 million.

One euro is divided into 100 cents. While each official euro member as well as Monaco, San Marino and Vatican issues its own coins with a unique obverse, the reverse, as well as all bank notes, look the same throughout the eurozone. Every coin is legal tender in any of the eurozone countries.

In Ireland, the currency is pronounced as Euro, i.e. without the s, even for amounts worth €2 or higher.

Stand Alone Cash machines ATMs are widely available in every city and town in the country and credit cards are accepted in 90% of outlets. Fees are not generally charged by Irish ATMs but beware that your bank may charge a fee.

Along border areas, as the UK pound sterling is currency in Northern Ireland, it is common for UK pounds to be accepted as payment, with change given in Euro. Some outlets, notably border petrol stations will give change in sterling if requested. Fuel is now generally cheaper in the South, resulting in many Northern motorists purchasing their fuel South of the border.

Recent differences in prices of goods between the Irish Euro and the British Pound have resulted in increasing numbers of Irish shoppers crossing the border to purchase goods which are a lot cheaper in Northern Ireland than in the Republic. A November 2008 article in a Northern Newpaper highlighted how up to €350 can be saved by buying your Christmas shopping in Derry & Belfast in the North than in the likes of Letterkenny in Donegal.

Only a few years ago when the Celtic Tiger was still very much alive and well the economic situation was reversed.

tax free shopping

If you are a tourist from a non-EU country, you may be able to receive a partial refund of VAT tax which currently stands at 23%. However, unlike some other countries, there is no unified scheme under which a tourist can claim this refund back. The method of refund depends solely on the particular retailer and so tourists should ask the retailer before they make a purchase if they wish to receive a VAT refund.

One scheme retailers who are popular with tourists operate is private ie. non-governmental VAT refund agents. Using this scheme, the shopper receives a magnetic stripe card which records the amount of purchases and VAT paid every time a purchase is made and then claims the VAT back at the airport, minus commission to the VAT refund agent, which is often quite substantial. There are multiple such VAT refund agents and so you may need to carry multiple cards and make multiple claims at the airport. However, note that there may NOT be a VAT refund agent representative at the airport or specific terminal where you will be departing from, or it may not be open at the time you depart. In which case, getting a refund back could become more cumbersome as you may need to communicate with the VAT refund agent from your home country.

If the retailer does not operate the VAT refund agent scheme, they may tell you that you all you have to do is take the receipt they produce to the airport and claim the refund at the VAT refund office at the airport. However, this is incorrect. Irish Revenue does not make any VAT refunds directly to tourists. Tourists are responsible for having receipts stamped by customs, either in Ireland upon departure or at their home country upon arrival and then send these receipts as proof of export directly to the Irish retailer which is obligated to make a VAT refund directly to the tourist. Therefore, for example, if you have made 10 different purchases at 10 different retailers, you will need to make 10 separate claims for refunds with every single retailer. Note, however, that some retailers do not participate in the scheme all together and so you may not be able to get any VAT refund from some retailers. Therefore, if you plan on receiving VAT tourist refund on your purchases in Ireland, you should be careful where you shop and which refund scheme they operate, if any.

Further details on VAT tourist refunds can be found in the document Retail Export Scheme Tax-Free Shopping for Tourists .

credit cards

Mastercard, Maestro and Visa are accepted virtually everywhere. American Express and Diners Club are now also fairly widely accepted. Discover card is very rarely accepted and it would not be wise to rely on this alone. Most ATM's allow cash withdrawals on major credit cards and internationally branded debit cards.


ATMs are widely available throughout Ireland. Even in small towns it is unlikely that you will be unable to find an ATM. Many shops and pubs will have an ATM in store, and unlike the UK, they cost the same to use as 'regular' ATMs on the street. Though in-shop ATMs are slightly more likely to run out of cash and be 'Out of Service'.