What is the local currency in the Netherlands?

The currency of the Netherlands is the Euro (EUR.) One Euro is 0.89 GBP (as of September 7 2020).

 

Do I tip whilst in the Netherlands?

In the Netherlands, tipping is accepted and appreciated for exceptional service, despite there being no written requirement. 

If you’re in a bar in the Netherlands, you are not required to give an additional tip. Similarly, you are also not required to tip taxi drivers, however, rounding up to the nearest Euro will suffice. 

View our tipping guide for more advice on tipping abroad.

 

Using cash in the Netherlands

When travelling, our experts would recommend always bringing a small amount of cash with you on every trip, for initial taxi transfers or hotel deposits etc. The rest of your travel money should be put onto a Caxton multi-currency card, for safe and secure spending.

Cash is no longer king in the Netherlands (even more so after COVID-19,) and almost all establishments accept credit/debit cards.

Most international banks and money outlets now charge a fee for using ATM machines, as do most card providers. Taking a travel prepaid card and a credit card is recommended as Caxton does not charge for international ATM use regardless of sum or number of times, (but check with your card provider about charges.)

We would recommend still bringing your bank card on your trip as a backup option. However, if you decide to take your bank card, we recommend telling your bank before you go so the transaction isn’t identified as fraudulent, but be prepared for fees and high exchange rates.

All major cards are accepted widely in the Netherlands at key tourist hubs.

 

The price of eating and drinking in the Netherlands

As a rough guideline, we’ve put together a list of the costs of spending an average day in the Netherlands:

Domestic beer = €4.50

One-way ticket on local transport = €3.20

Meal, inexpensive restaurant = €15.00

Bottle of wine (mid-range) = €5.99

Bottle of water = €1.96 

 

What happens if I have my wallet stolen whilst in the Netherlands?

The Netherlands is known to be a safe country with friendly and helpful people, but this shouldn’t stop you from being smart whilst you travel. If the majority of your cash is on a prepaid card, this will be automatically protected. However, in case the worse happens, here are the list of major debit/credit card ‘lost and stolen’ numbers:

HSBC/First Direct - +44 1442 422929

Natwest - +44 1268 500 813

Lloyds - +44 1702 278270

Barclays - +442476842099

Santander - +44 1908 237 963

 

The cost of tourist attractions in the Netherlands

Some examples of The Netherland's most popular tourist attractions are:

Van Gogh museum: This is a museum dedicated to celebrating and exhibiting the works of Vincent Van Gogh and his contemporaries, in Amsterdam central square. Adult tickets are 19 euros, students can get in for 10 euros, and anyone under 18 can go in for free.

Rijksmuseum: The Rijksmuseum is a Dutch national museum that explores arts and history in Amsterdam. It’s located in museum square. Adult tickets are 19 euros and anyone under 18 can go in for free.

Vondelpark: Vondelpark is a public urban park of 47 hectares in central Amsterdam. It is free to get i

 

What can I do with spare currency in the Netherlands?

Whilst in The Netherlands, you may as well spend any remaining Euro, if only small amount, on some traditional Dutch souvenirs, such as:

  • Customized clogs 
  • Dutch licorice 
  • Stroopwafels 
  • Pelgrim beer

 

History of the Euro

  • The Euro came into existence on 1 January 1999 - though it had been a goal of the European Union since the 1960s. Notes and coins didn’t begin circulation until 2002. 
  • Today the euro is the sole currency of 19 EU member states, with the original dozen being joined by: Cyprus, Estonia, Latvia, Lithuania, Malta, Slovakia and Slovenia. These countries constitute the "eurozone".
  • The rise of the Euro in its short lifespan is remarkable with it now being the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar.

 

Alternatively, if you’re not a big fan of clogs, you can use Caxton’s buy back guarantee to get rid of any unused Euro. By doing this you ensure that if the exchange rate moves against you, you won't lose out.