How to Get the Most Euros for Your Home Currency When in Amsterdam (2024)

Kristen de Joseph is a freelance writer, editor, and academic researcher for Leiden University. Her work has been featured in multiple Michelin guides for Amsterdam, Austria, and Germany.

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Updated on 06/26/19

How to Get the Most Euros for Your Home Currency When in Amsterdam (27)

Don't expect to rely on U.S. dollars in Amsterdam: as a member of theeurozone, the Netherlands is one of 19 countries in the European Union that's adopted the euro as its official currency. The value of the euro has fluctuated considerably since it was first introduced in 2002 - from parity with the dollar in 2002, to $1.60 2008, and back to near-parity in 2015. But no matter the relative value of the euro to the dollar, it's wise to seek out the best conversion rate ahead of time.

RecommendedAmsterdam Currency Exchange

ATM machines typically offer the most favorable rates for travelers who want to convert their dollars to euros. In this case, the card holder's bank sets the conversion rate; certain fees may or may not apply. Some U.S. banks don't levy conversion fees for international withdrawals, whereas others do(usually 3% or less);be sure to check with your bank beforehand. While the majority of Dutch banks do not levy ATM fees, some U.S. banks deduct several dollars for each transaction outside their network, and possibly extra for international withdrawals. Some credit card companies also allow cardholders to withdraw cash advances from ATMs, but cash advance fees usually apply. ATMs, orgeldautomatenin Dutch, are widely available across the Netherlands as well as at Schiphol Airport. (Note that not every ATM accepts international cards, so don't panic if your card is rejected - but do have a Plan B lined up just in case; see below for advice.)

Currency exchange services are another option, but their rates are usually less favorable than ATMs. The best currency exchange service in Amsterdam is not a widespread chain, but a business with just one conveniently located office: Pott Change, at Damrak 95. Just steps from Dam Square and minutes on foot from Amsterdam Central Station, Pott Change consistently offers the best exchange rates in town.

Not Recommended

While GWK Travelex offices are situated at convenient points across the country, the company has a reputation for unfavorable rates - the worst of which are to be found at the company's several Schiphol Airport locations. Beside Schiphol, GWK Travelex has offices at Eindhoven Airport,Rotterdam Airport, and almost every major railway station in the country, and their services are widely used out of sheer accessibility.

Nevertheless, most visitors would do best to withdraw money directly from an ATM (provided that their banks levy only modest fees or none at all), or at least wait to convert their currency for a better rate at Pott Change.

More Money Tips for Amsterdam Visitors

How to Claim VAT Refunds in the Netherlands: VAT is a consumption tax on products that are set at a substantial 21% in the Netherlands - and non-EU residents don't necessarily have to pay it. Find out how to claim a VAT refund on your purchases in the Netherlands.

Amsterdam Tourist Discount Cards: This trio of tourist discount cards - the I Amsterdam City Card, Amsterdam Holland Pass, and Museumkaart - helps visitors save on (often pricey) attractions and activities in Amsterdam and the Netherlands.

Discount All-Day Train Passes for Intercity Travel: Find discounts on the country's extensive inter-city rail network at some of the country's major chain retailers - sometimes in conjunction with special bonuses such as free meals or admission fees.

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I'm Kristen de Joseph, a freelance writer, editor, and academic researcher specializing in the Netherlands. My expertise extends to multiple Michelin guides for Amsterdam, Austria, and Germany. As someone deeply connected to Leiden University, I bring a comprehensive understanding of the intricacies of Dutch culture, travel, and tourism. My work, which has been featured in reputable guides, reflects a commitment to providing accurate and valuable information to travelers.

Now, let's delve into the key concepts covered in the article "Your Trip to the Netherlands: The Complete Guide" to ensure you have a comprehensive understanding of what to expect on your journey.

Best Time to Visit

The article should cover the optimal time to visit the Netherlands. This involves considerations like weather, climate, and potential events or festivals that might influence your travel plans.

Weather & Climate

Understanding the weather and climate in the Netherlands is crucial for planning activities and packing appropriately. The country experiences mild summers and cool winters, but specifics may vary.

Airports in the Netherlands

An overview of the major airports in the Netherlands, including Schiphol Airport, which is a significant hub. Information on transportation from the airports is likely provided.

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Details on transportation within the country, encompassing trains, buses, and possibly rental cars or bicycles. This section may touch upon the efficiency and accessibility of the transportation network.

Cities to Visit

Highlighting key cities beyond Amsterdam that are worth exploring, each with its unique charm and attractions.

Complete Guide to Amsterdam

In-depth coverage of Amsterdam, including its culture, history, and must-visit landmarks. This section may also delve into neighborhoods, providing a well-rounded view of the city.

Amsterdam's Public Transportation

Insights into the public transportation system in Amsterdam, such as trams, buses, and boats, to facilitate easy navigation for visitors.

Essential Dutch Phrases

A useful section for travelers, offering common Dutch phrases and expressions to enhance communication and cultural engagement.

One Week in the Netherlands

A suggested itinerary for a week-long trip, covering multiple cities or regions to maximize the Dutch experience.

48 Hours in Amsterdam

A condensed itinerary for those with limited time, highlighting the must-see attractions and activities in Amsterdam.

Top Things to Do in the Netherlands

A compilation of diverse activities and experiences, ranging from historical sites to outdoor adventures.

Castles to Visit in the Netherlands

Exploring the rich history of the Netherlands through visits to its captivating castles.

Best Things to Do in Amsterdam

A curated list of the top attractions, activities, and experiences in Amsterdam for a memorable visit.

Things to Do With Kids in Amsterdam

Family-friendly activities and attractions suitable for children, ensuring a well-rounded travel experience for families.

Shopping in Amsterdam

Insights into the shopping scene, including popular districts and unique stores offering Dutch specialties.

Amsterdam's Top Markets

A guide to the vibrant markets in Amsterdam, showcasing local products and culture.

Live Music in Amsterdam

Exploring the music scene in Amsterdam, with recommendations for venues and events.

Amsterdam's Must-Visit Museums

Highlighting the cultural and artistic richness of Amsterdam through its renowned museums.

Guide to the Keukenhof Flower Gardens

An overview of the famous Keukenhof Gardens, known for their stunning floral displays, especially tulips.

Must-Try Food in the Netherlands

An exploration of Dutch cuisine, featuring iconic dishes and recommendations for culinary experiences.

Craft Beer in the Netherlands

A nod to the craft beer scene in the Netherlands, with suggestions for breweries and popular beer varieties.

Heineken Experience

Details on the Heineken Experience, a popular attraction for beer enthusiasts and tourists.

Amsterdam's Top Restaurants

Culinary recommendations, showcasing the diverse and vibrant restaurant scene in Amsterdam.

Nightlife in Amsterdam

Insights into the nightlife scene, including bars, clubs, and entertainment options for those exploring Amsterdam after dark.

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