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Money

by Frommers Travel Guides

    Currency -- The euro, the new single European currency, became the official currency of Finland and 11 other participating countries on January 1, 1999.

    However, the euro didn't go into general circulation until early 2002. The old currency, the Finnish mark, disappeared into history on March 1, 2002, replaced by the euro, whose official abbreviation is "EUR." The symbol of the euro is a stylized E: €. Exchange rates of participating countries are locked into a common currency fluctuating against the dollar. For more details on the euro, check out www.europa.eu.

    The relative value of the euro fluctuates against the U.S. dollar, the pound sterling, and most of the world's other currencies, and its value might not be the same by the time you travel to Helsinki. A last-minute check is also advised before you begin your trip.

    Exchange rates are more favorable at the point of arrival. Nevertheless, it's often helpful to exchange at least some money before going abroad (standing in line at the exchange bureau in the Helsinki airport isn't fun after a long overseas flight).

    Foreign Currencies vs. the U.S. Dollar -- Conversion ratios between the U.S. dollar and other currencies fluctuate, and their differences could impact the relative costs of your holiday. If you're planning on any major transactions, check for updated rates prior to making any serious commitments.