Money in Austria - the Euro (€): As of January 1, 2002, the national currencies of 12 countries within the European Union (EU) were replaced with one common currency, the Euro (€).   Austria is a member of the EU and adopted the Euro in 2002. Currency Exchange You can exchange currency and travellers cheques at all banks, savings banks and exchange counters at the airports and railway stations at the official exchange rates. Banks in Austria are generally open from: 08:00 to 12:30 and … [Read more...]