Taylor's Diary

The currency in France is quite easy to comprehend. Upon arrival in France, I did not know what they used or what their cash looked like. We were told we would possibly be getting debit cards as our stipend, but, for the first two weeks, we would receive cash. The Euro is the official currency of France. They have different bills in 500, 200, 100, 50, 20, 10, and 5. I have never used a bill larger than a 50. I prefer to have smaller bills for buying quick things like crepes and coffees. In coins, there is a 2, 1, .50, .20, .10, .05, .02, and .01. I do not like having the smallest coins because I forget to use them. Overall, it reminds me of U.S. currency, so it was not hard to comprehend or use. Before this, I had only ever used the currency of Romania which was not difficult either. The exchange rate is probably the worst part of the exchange rate. Every Euro is worth about 1.12 U.S. dollars. It is hard to remind myself that I am spending more than my brain thinks I am. I try to budget well because of this. It is usually due to a country's exports and imports that cause the currency exchange rates to change. I understand that the Euro is worth more than my home currency because many countries use the Euro due to the European Union's vast amount of exports and imports. The only problem I have had with currency is trying to use larger bills to make small purchases. We receive our stipend in 50 Euro dollar bills, and they can be hard to break in certain places. However, it has been quite easy to use the Euro while studying abroad.

taymthom

22 chapters

16 Apr 2020

French Currency

April 01, 2019

The currency in France is quite easy to comprehend. Upon arrival in France, I did not know what they used or what their cash looked like. We were told we would possibly be getting debit cards as our stipend, but, for the first two weeks, we would receive cash. The Euro is the official currency of France. They have different bills in 500, 200, 100, 50, 20, 10, and 5. I have never used a bill larger than a 50. I prefer to have smaller bills for buying quick things like crepes and coffees. In coins, there is a 2, 1, .50, .20, .10, .05, .02, and .01. I do not like having the smallest coins because I forget to use them. Overall, it reminds me of U.S. currency, so it was not hard to comprehend or use. Before this, I had only ever used the currency of Romania which was not difficult either. The exchange rate is probably the worst part of the exchange rate. Every Euro is worth about 1.12 U.S. dollars. It is hard to remind myself that I am spending more than my brain thinks I am. I try to budget well because of this. It is usually due to a country's exports and imports that cause the currency exchange rates to change. I understand that the Euro is worth more than my home currency because many countries use the Euro due to the European Union's vast amount of exports and imports. The only problem I have had with currency is trying to use larger bills to make small purchases. We receive our stipend in 50 Euro dollar bills, and they can be hard to break in certain places. However, it has been quite easy to use the Euro while studying abroad.

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