Tesco Euro Exchange Rate

  • Tesco Travel Money offers competitive exchange rates,
  •  0% commission and a price match promise if you find a cheaper rate locally.
last updated: May 23, 2019 2:50 pm
CurrencyExchange rate£500 Gets You
Euro (EUR)1.1134556.70Buy Now
See all rates

Tesco is one of the travel money industry’s leading suppliers of travel money, primarily the Euro. They can offer you extremely competitive rates for your pound to Euros; and back again when you return home from a European holiday with too many Euros left over.

Features of Tesco Euro exchange rate

Tesco boast many incredible features; look at the list below of the things you can expect when using Tesco’s Euro exchange service.

  • Competitive exchange rates and 0% commission on foreign currency
  • With Click & Collect you can order your Euros online and pick them up from over 400 Tesco stores, or have it delivered direct to your home
  • Purchase instantly from over 300 in-store euro exchange rate bureaux
  • Turn your unspent holiday money back into Pounds with Tesco’s in-store buy back service
  • Price Match locally if you buy in-store
  • No credit card fees regardless of whether you buy in store, online or over the phone

Ways to Buy Tesco Euros

Wherever you’re travelling to in Europe, you’ll likely need Euros straight away when you land in Europe. This is to purchase items such as food and drink, as well as transport from the airport to where you are staying.

Having a enough Euros in cash before you arrive in your destination means that you’re well-prepared and you don’t need to worry about finding an ATM or worrying about exchanging cash when you’re there.

When it comes to buying Euros, many people think that it’s easiest to just wait until the last minute and buy them at the airport before they fly.

However, airport exchange rates are notoriously bad, especially when it comes to the Euro.

It’s a good idea, therefore, to buy your Euros before you fly; Tesco can offer you competitive rates, excellent customer service and numerous, convenient ways to buy your Euros.

Buy Euros in-store using the current Tesco exchange rate

  • Choose from a wide variety of foreign currencies in stock, with even more available to order
  • Enjoy peace of mind with the Multi-currency Cash Passport™ prepaid currency card
  • In-store Price Match if you find a cheaper rate nearby
  • Turn your unspent Euros back into Pounds with Tesco’s Buy Back service
  • The choice to buy currency and prepaid euro exchange rate cards from the in-store euro exchange rate bureaux.

Click & Collect

Tesco’s Click and Collect service is an excellent way to purchase your Euros from the comfort of your own home, then you can arrange to pick them up from your local Tesco store at a time convenient for you.

  • Over 100 customer service desks across the country
  • Free to click and collect
  • 400 Tesco exchange bureaux across the country
  • Order before 2pm and collect your Euros the next day
  • Pick up at a time convenient for you (you can tie collection in with your weekly food shop!)

Home Delivery

Tesco Bank also offer the flexible option of home delivery of your Euros when you buy them online.

  • Quick and convenient way to obtain your Euros
  • Orders under £500 incur a delivery charge of £3.95
  • Free home delivery on orders over £500

How long can your Euros last if you visit Europe?

Below is a list of the top European countries including Spain, France and Italy and how far you can expect your Euros to take you in these various countries.

It’s important to bear in mind that not all countries who accept the Euro have the same pricing methods and strategies for everything. For example, a cappuccino in Spain will set you back only €2, whereas a coffee in France will cost you €3.30; obviously this will depend on which shop you go into.

Spain

  • Mid-range three-course meal for two: €45.00
  • Cappuccino: €2.00
  • Pint of beer: €2.90
  • Soft drink: €1.90
  • Loaf of fresh white bread (500g): €1.10
  • Taxi trip (business day 5 miles): €14.00
  • One-way ticket on local transport: €1.50
  • Litre of petrol: €1.30

France

  • Mid-range three-course meal for two: €50.00
  • Cappuccino: €3.30
  • Pint of beer: €6.50
  • Soft drink: €3.00
  • Loaf of fresh white bread (500g): €1.60
  • Taxi trip (business day 5 miles): €17.00
  • One-way ticket on local transport: €1.90
  • Litre of petrol: €1.40

Italy

  • Mid-range three-course meal for two: €55.00
  • Cappuccino: €1.40
  • Pint of beer: €5.00
  • Soft drink: €2.10
  • Loaf of fresh white bread (500g): €1.60
  • Taxi trip (business day 5 miles): €18.00
  • One-way ticket on local transport: €1.20
  • Litre of petrol: €1.50

Netherlands

  • Mid-range three-course meal for two: €60.00
  • Cappuccino: €2.80
  • Pint of beer: €5.00
  • Soft drink: €2.50
  • Loaf of fresh white bread (500g): €1.40
  • Taxi trip (business day 5 miles): €23.00
  • One-way ticket on local transport: €2.90
  • Litre of petrol: €1.60

Ireland

  • Mid-range three-course meal for two: €60.00
  • Cappuccino: €3.00
  • Pint of beer: €5.00
  • Soft drink: €1.70
  • Loaf of fresh white bread (500g): €1.30
  • Taxi trip (business day 5 miles): €17.00
  • One-way ticket on local transport: €2.70
  • Litre of petrol: €1.40

Handy information about Euros (EUR)

While you may expect every country in Europe to accept the Euro as their main form of currency, this isn’t the case, there are a few countries who don’t accept it including: United Kingdom, Croatia, Norway, Hungary, Czech Republic plus numerous others.

If you are planning a holiday to Europe, make sure you’re aware of whether the country you’re travelling to accepts the Euro as their main form of currency.

The list below shows all the countries that use the Euro.

Countries using the Euro

  • Northern Europe: Estonia, Finland, Latvia, and Lithuania
  • Central Europe: Austria, Belgium, France, Germany, Luxembourg, Netherlands, Republic of Ireland, Slovakia, and Slovenia
  • Southern Europe: Cyprus, Greece, Italy, Malta, Portugal, and Spain

Currency denominations

Similarly to many other types of currency, the Euro offers various coin and note denominations.

Below you can find the common types of denominations that you can expect to find when using the Euro.

  • Euro cents: 1¢, 2¢, 5¢, 10¢, 20¢, 50¢
  • Euros: €1, €2, €5, €10, €20, €50, €100, €200, €500

How do exchange rates work?

  • Banks use the mid-market rate, also known as the interbank rate, when exchanging currencies between themselves.
  • They add hidden fees to the rate they give their customers. Therefore, you’ll see different exchange rates across providers – you’re paying the difference between the mid-market rate and the rate quoted by your bank.
  • Customers lose money to these hidden fees when they make a transfer – often without even realising.

Latest Tesco Bank Euro Exchange Rates

It’s imperative to bear in mind that all exchange rates fluctuate, almost daily. Therefore, it’s a good idea to keep an eye out on the current Euro exchange rate well in advance of your trip so that you can buy your Euros when the price is looking good.

Make sure to check the Best Euro Exchange Rate for updated Euro exchange rates so you can ensure you buy your Euros at a price that offers you the most for your money.

Frequently Asked Questions

While jetting off on holiday to a lush resort in Europe is incredibly relaxing and well-deserved, there are a few things that you need to remember to organise before your trip; one of the most important things is making sure you’re equipped with the correct (and right amount of) travel money.

Tesco Bank can assist you with all your Euro needs; if you do have any other questions about the Tesco Euro exchange however, the list below should be able to fill in some of the missing information that you’re looking for.

Are the Tesco in-store Euro exchange rates the same as the online exchange rates?

Unfortunately, exchange rates of any currency are incredibly volatile and are likely to fluctuate depending on numerous factors such as demand for a currency and the economy of certain countries.

With regards to Tesco’s Euro exchange rate, it is likely to still differ whether you buy in-store or online so it’s a good idea to check well in advance of your trip before you buy so you can ensure you get the best possible deal.

How do I view Tesco exchange rates?

Tesco’s live exchange rates can be viewed at Besteuroexchangerate.co.uk. Alternatively, you could pop into your local Tesco bureaux service and ask for assistance on the current Euro exchange rate.

What fees apply when buying euro exchange rate?

One great advantage of purchasing your Euros through Tesco Bank is that you won’t incur any additional card fee, regardless of whether you buy your Euros online, over the phone or in-store.

When can I collect my Click & Collect euro exchange rate order?

 

Travel Money Bureau

Currency Order confirmed before 2pm Order confirmed after 2pm
Euros and US Dollars Collect at bureau after 3pm next day Collect at bureau after 3pm, two days later
Any other currency Collect at bureau after 3pm, three days later Collect at bureau after 3pm, four days later

 

Click and Collect (Collection Service Desk)

Order Day Order confirmed before 2pm Order confirmed after 2pm
Mon – Wed Collect at CSD after 3pm, next day Collect at CSD after 3pm, two days later
Thu Collect at CSD after 3pm on Friday Collect at CSD after 3pm, following Monday
Fri Collect at CSD after 3pm, following Monday Collect at CSD after 3pm, following Tuesday

 

When will I receive my Home delivery euro exchange rate order?

Order time and day Delivery time and day
before 2pm, Monday – Thursday before 1pm, next working day
after 2pm, Monday – Wednesday before 1pm, two working days later
after 2pm, Thursday and before 2pm Friday before 1pm on Saturday or Monday

(Saturday deliveries are not guaranteed)

after 2pm, Friday and anytime on Saturday and Sunday before 1pm on Tuesday

 

How do I order Tesco Euros online if I’m happy with the current exchange rate?

Once you have compared Tesco Euro rates on best euro exchange rate with other leading providers and you are happy to proceed with buying your Euros from Tesco then click through to the Tesco Travel Money Site.

With Tesco Euro exchange, it’s remarkably easy to place an order online. You simply select the ‘Euro’ option and then click on ‘buy currency online’.

You can also purchase any additional currencies you may require, as well as choosing how you’d like to pay and when and how you want to receive your Euros.

You will be given the option to review your order before payment is confirmed, giving you peace of mind that you’ve selected all the right options when it comes to buying Euros online from Tesco Bank.

What is the maximum amount of Euros that I can order online from Tesco?

You can order a minimum of £50 up to £2,500 online when you’re exchanging pounds into Euros.

Which other currencies can I buy online?

Tesco Bank offer a vast range of currencies from all over the world that you can purchase online, including:

  • US Dollars
  • Australian Dollars
  • Bulgarian Lev
  • Canadian Dollars
  • Croatian Kuna
  • Czech Koruna
  • Emirati Dirham
  • Hungarian Forint
  • Mexican Pesos
  • Polish Zloty
  • Thai Baht

What do I need to bring to collect my Euros from Tesco?

If you’re the person who ordered your Euros online, then you must be the one to collect it in-store. When you go to collect your money from Tesco, ensure you have your order reference number, as well as the card that you purchased the Euros on.

You’ll also need to bring valid ID with you in the form of a passport, driving licence or an EU ID card.

My Euro order has timed out on the verification screen, has it been processed?

The best way to check whether your order has been processed is to check your email as a confirmation email should be sent to you within three hours.

If this does not happen however, make sure you check your spam and junk folder first and then call Tesco on 0345 366 0103 to check with a member of their Travel Money team whether your Euro order has been processed.

Conclusion

The Tesco Euro exchange is an excellent and convenient service that allows you to purchase Euros up to the amount of £2,500. They have many options available when it comes to obtaining your Euros for your upcoming trip, including purchasing online, via Click and Collect or home delivery, in-store and over the phone.

Whichever method of purchasing your Euros you choose, you can rest-assured that you’ll get an excellent rate for your pounds when exchanging them into Euros.