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Money
Single European currency (Euro): The Euro is now the official currency of 12 EU member states (including Finland). The first Euro coins and notes were introduced in January 2002; the Finnish Markka was still in circulation until 28 February 2002, when it was completely replaced by the Euro. Euro (€) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.
Currency exchange: Foreign currency and travellers cheques can be exchanged in banks and at bureaux de change at ports, stations and airports.
Credit & debit cards: MasterCard, American Express, Diners Club and Visa enjoy wide acceptance as well as Eurocheque cards. Check with your credit or debit card company for details of merchant acceptability and other services which may be available. Up-to-date information is available in Helsinki from American Express (tel: (9) 6132 0400) or Diners Club (tel: (9) 693 991).
Travellers cheques: Travellers cheques are also accepted in banks and some shops. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in Euros, Pounds Sterling or US Dollars.
Currency restrictions: Unrestricted import of local and foreign currency. Export of local and foreign currency is limited to the amount imported.
Exchange rate indicators
The following figures are included as a guide to the movements of the Euro against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | €1= | £0.63 | £0.64 | £0.63 | £0.68 | | €1= | $0.92 | $0.97 | $1.00 | $1.08 |
Banking hours: Mon-Fri 0915-1615 (regional variations may occur).
Copyright © 2003 Columbus Publishing Ltd.
Terms and Conditions apply.
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