What Is Portugal’s Currency? – All You Need to Know About the Euro (€)

💰 Official Currency of Portugal

The official currency of Portugal is the Euro (€).
Its international currency code is EUR.

The Euro is the only legal tender in Portugal. All daily transactions, official payments, and commercial activities are carried out using the Euro (€).

🏛️ A Brief History of the Euro in Portugal

Portugal is a member of the European Union and part of the Eurozone.
The Euro was introduced into circulation in Portugal in 2002, when banknotes and coins officially replaced the former national currency.

Before adopting the Euro, Portugal used the Portuguese Escudo.
Monetary policy in Portugal is managed by the European Central Bank (ECB).

💹 Currency Code and Symbol of the Euro

Key information about the Euro:

• Currency code: EUR

• Symbol: €

• Subunit: 1 Euro = 100 cents

Prices in Portugal are generally listed in Euros, while cents are used for smaller amounts.

💱 Banknotes and Coins Used in Portugal

📌 Banknotes

The Euro banknotes commonly used in Portugal include:

• €5

• €10

• €20

• €50

• €100

• €200

• €500 (limited circulation)

📌 Coins

Euro coins used in everyday transactions:

• 1 cent

• 2 cents

• 5 cents

• 10 cents

• 20 cents

• 50 cents

• €1

• €2

💸 Can You Send Money from Turkey to Portugal?

Yes.

With PayPorter, sending money from Turkey to Portugal is fast, secure, and cost-effective.

Thanks to PayPorter’s international money transfer services and secure infrastructure, transfers to Portugal are delivered to recipients within a short time.

🔹 Advantages of PayPorter

• Money transfers to more than 185 countries

• Competitive transaction fees

• Secure and licensed infrastructure

• Nearly 500 branches and representative points

• Fast transfer process

You can visit the relevant page to send money from Turkey to Portugal easily.

🌍 Can the Euro Be Used in Turkey?

No.
The Euro is not a legal tender in Turkey, but it is widely available at exchange offices.

For financial transactions between Turkey and Portugal, the Euro is commonly used. You can also send money securely from Portugal to Turkey with PayPorter.

💡 Interesting Facts About Portugal’s Currency

• Portugal is a member of the Eurozone.

• Card and contactless payments are widely used across the country.

• Cash usage is limited, especially in tourist areas.

• Euro banknotes are valid throughout all Eurozone countries.

• Portuguese Euro coins feature national symbols on one side.

❓ Frequently Asked Questions About Portugal’s Currency

What is the official currency of Portugal?

The official currency of Portugal is the Euro (€).

Is any other currency accepted in Portugal?

No. The Euro is the only legal and official currency.

Can I send money from Turkey to Portugal?

Yes. You can send money quickly and securely to Portugal using PayPorter.

Is credit card usage common in Portugal?

Yes. Credit cards are widely accepted in major cities and tourist areas.

Can I withdraw money from ATMs in Portugal?

Yes. Most international bank cards are accepted, although fees may vary depending on the bank.

Last Uptade: January 2026

This content is provided for general informational purposes only and does not aim to cover all aspects of the topics discussed. The information herein should not be considered a substitute for advice from a qualified professional. Nothing in this publication should be interpreted as legal, tax, or professional advice provided by PayPorter or its affiliates. While we strive to keep our content accurate and up to date, we make no representations or warranties regarding the completeness, accuracy, or timeliness of the information provided.