Things we plan to do in Monte Carlo

The next time we visit the stunning capital city of Monaco, here’s what we plan to do:

  1. Visit the Monte Carlo Casino: This iconic casino is a must-visit attraction in Monte Carlo. Admire its elegant decor and try your luck at the gambling tables.
  2. Explore the Prince’s Palace: This beautiful palace is the official residence of the Prince of Monaco. Visitors can tour the state apartments and admire the stunning views of the Mediterranean Sea.
  3. Visit the Oceanographic Museum: This fascinating museum showcases marine life from around the world, as well as exhibits on the history of oceanography.
  4. Attend a performance at the Monte Carlo Opera House: This historic venue is known for its beautiful architecture and world-class performances.
  5. Take a stroll along the Port Hercule: This picturesque harbor is home to many yachts and boats, and offers stunning views of the surrounding hills and the Mediterranean Sea.
  6. Enjoy the Monaco Grand Prix: This legendary race is held annually in May and is a must-see for motorsport enthusiasts.
  7. Visit the Jardin Exotique de Monaco: This beautiful botanical garden is home to many exotic plants and offers stunning views of the Mediterranean coastline.
  8. Relax on the beach: Monte Carlo offers several beaches, including the popular Larvotto Beach, where visitors can sunbathe, swim, and enjoy water sports.
  9. Shop at high-end boutiques: Monte Carlo is known for its designer shops and luxury brands, such as Chanel, Louis Vuitton, and Prada.
  10. Dine at Michelin-starred restaurants: Monte Carlo has many gourmet restaurants, including several with Michelin stars, that offer delicious cuisine and stunning views.

Okay, so we might not actually fit in all these things in a single trip, but there’s surely no shortage of things to do in this most-elegant of Mediterranean resorts.

What currency will I need?

The Euro (โ‚ฌ) is the official currency of the Eurozone, which consists of 19 of the 27 member states of the European Union (EU). It is also used by several other European countries and territories outside the EU as their official currency, or as a de facto currency. The Euro is one of the most widely used and traded currencies in the world.

The Euro is divided into 100 cents, and it has seven different banknotes denominated in 5, 10, 20, 50, 100, 200, and 500 Euro, as well as eight different coins denominated in 1, 2, 5, 10, 20, 50 cents, and 1 and 2 Euro. The banknotes and coins are standard across all participating countries, with the same design and security features.

The Euro has had a significant impact on trade, investment, and economic integration within the Eurozone, as it has eliminated transaction costs and exchange rate risks associated with multiple currencies. However, it also presents challenges, such as managing the monetary policies of a diverse group of countries with different economic conditions and addressing issues related to fiscal policies, financial stability, and political coordination among member states.

Overall, the Euro has become a symbol of European economic and monetary integration, and it plays a crucial role in the global economy as a major reserve currency and a benchmark for financial markets.

Should I use travel cash or a card?

According to Mintel, 90% of British travellers take some travel cash with them. It’s perfect for tips, taxis, street-side vendors and locations which do not have card machines (or where they are not working). It’s easy to budget with, and share with other members of your party. It’s also not prone to technical faults, does not require internet access, and you won’t be charged to use it.

Having a debit card is also a great idea as backup – just make sure you know what fees the card issuer charges to make payments in the foreign currency (better still, find one that makes no charges at all). Bigger purchases should be made on a travel-friendly UK-issued credit card to get that additional Section 75 protection (see https://www.moneyhelper.org.uk/en/everyday-money/credit-and-purchases/how-youre-protected-when-you-pay-by-card). Make sure when paying by card that you ALWAYS pay in the foreign currency – do not let the card processor do the conversion to GBP as you will always get a worse rate. That applies even if the foreign currency is already loaded onto a prepaid multi-currency card – the card issuer will decide whether to settle from your foreign currency wallet or not.

Where can I buy currency?

You will typically get a better deal buying your travel cash here in the UK before you travel. Look for the highest possible foreign currency exchange rate to indicate the best deal. For example, a rate of โ‚ฌ1.1285 is better than โ‚ฌ1.0998 when buying Euro (EUR). Airports tend to offer the worst rates – especially if you have not pre-ordered – and you may find a bureau de change on your High Street, in a supermarket or department store, in many travel agents, and at major transport hubs.

You can also buy Euros from Travel Money Club for next business day despatch to home via fully insured Royal Mail Special Delivery Guaranteed by 1pm. Unlike the competition, we don’t hide fees and charges in our exchange rates – you just pay a fair and transparent handling fee based on how much you are exchanging. Get an instant quote now at https://yourtmc.link/quote-eur.

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