What Currency Is Used in Crete?

What is the Currency in Crete?

If you’re planning a holiday to Crete—whether for sun, history or a relaxing escape—it helps to know what currency you’ll be using while there. This guide is for UK travellers heading to Crete, offering practical advice on the local money system, what to expect when paying, and how to avoid unnecessary fees abroad.

What currency does Crete use?

Crete is part of Greece, and the official currency is the euro, abbreviated as EUR and typically shown with the symbol €. It is the only legal tender used in Crete, just like the rest of Greece and much of the European Union.

You’ll see prices in euros across hotels, restaurants, shops and transport, and all payments—whether in cash or by card—are made in this currency.

How is the euro structured?

The euro is divided into 100 cents, similar to pounds and pence in the UK. Banknotes are available in denominations of €5, €10, €20, €50, €100, €200 and €500, though most day-to-day purchases will use notes up to €50. Coins include 1, 2, 5, 10, 20 and 50 cents, and €1 and €2.

Exchange rates fluctuate, but at the time of writing, £1 is worth approximately €1.15, though the exact rate will depend on where and how you exchange your money.

Can you use pounds or other currencies in Crete?

No, only euros are accepted for payment in Crete. While some tourist-focused businesses may accept pounds informally or quote prices in GBP, this is not the norm and you’re likely to get poor value for money. All official transactions must be in euros.

If you’re paying by card, the payment terminal may offer to convert your bill into pounds (a service called Dynamic Currency Conversion), but this often comes with an unfavourable exchange rate. It’s usually better to pay in euros and let your bank handle the conversion.

Should you bring cash or use a card in Crete?

Crete is fairly well-equipped for card payments, especially in cities like Heraklion or Chania, and in most hotels, supermarkets and chain restaurants. That said, many small family-run businesses, taxis and remote villages may prefer or only accept cash.

For UK travellers, the ideal setup is a combination of cash and card. Use a fee-free travel card like Monzo, Starling or Revolut where possible, and carry some euros in cash for tipping, markets or transport.

Where to exchange money

You may be able to get euros from your UK bank or travel money provider before your trip, but it’s often more cost-effective to withdraw cash from an ATM in Crete. ATMs are common in towns and tourist areas, but always check what fees your card provider may charge for international withdrawals.

Avoid changing money at airports, where the exchange rates are typically the worst. Use bank-affiliated currency exchange counters or take out cash from reputable ATMs.

Helpful tips for managing money in Crete

• Carry small denominations for local purchases and tips

• Always choose to pay in euros when using a card abroad

• Avoid carrying large amounts of cash at once—use a secure wallet or money belt

• Tipping is appreciated, especially in restaurants and for hotel staff. 5–10% is standard if no service charge is added

Common mistakes to avoid

Some travellers assume Crete, being a large island, may use a different currency from mainland Greece—this is incorrect. The euro is the only currency accepted.

Another mistake is relying solely on card payments. While most places do accept cards, a surprising number of small local establishments either don’t take them or add a surcharge. Having cash on hand will save you from awkward situations.

In summary

Crete uses the euro (EUR), like the rest of Greece. While card payments are common, especially in larger towns, cash is still essential for many local businesses. UK travellers can save money by using travel cards with low fees, withdrawing euros from ATMs when needed, and always opting to pay in local currency.