how much currency to carry on Christmas markets tour?
We are taking the Danube Christmas markets tour on 6 Dec 2015 and we are curious as to how much cash (Euros) to take. Any information will be helpful, especially with the exchange rate being what it is! Thanks!
However, some people have reported problems at the Christmas markets with vendors that can't process any credit card transactions. The same as many US craft shows, farmers markets, etc.
Here is Tauck's advice on the "Before You Go" page for your cruise:
Although it is not necessary for you to exchange money prior to your trip, it may be useful to have a small amount of local currency with you when sightseeing. If upon arrival you require local currency, you may visit one of the many currency exchange facilities at the airport or use an ATM. The riverboat does not exchange currency, but does accept euro, American Express, MasterCard and Visa as methods of settling shipboard accounts.
In Germany and Austria, the euro is the official currency. Major credit cards and travelers’ checks are widely accepted, and ATMs are found in most tourist venues.
To obtain the most current exchange rate, you may want to check your local newspaper or log on to oanda.com by clicking here.
This is a wonderful trip, as is the counterpart cruise on the Rhine to Christmas Markets! The Euro is quite low right now ($1.12 per Euro...good reference is the IMF site which posts daily exchange rates at: http://www.imf.org/external/np/fin/data/rms_rep.aspx). Since there are ATMs all over the place in Europe the best plan as Claudia recommends is to just get 100-200 Euros at a time.
When we've stumbled on a larger purchase than anticipated at a Christmas Market vendor, we've always been able to find an ATM nearby to get more cash.
Another consideration, if you plan on returning to Europe in the next year or so is that the current exchange rate is the lowest it has been for a decade. So, left-over Euros will probably still be a good deal for the next trip.
Currency exchanges at airports or in towns are usually a poorer rate than the ATMs.