Currency of Austria: Euro
Euro · EUR · Shared Currency
Who Issues the Euro
The Euro (EUR) in Austria is part of a cross-border currency system. Oesterreichische Nationalbank participates nationally, but the currency itself is issued within the shared framework; its symbol is € and its ISO 4217 numeric code is 978.
Euro monetary policy is shared across the Eurosystem. For Austria, the European Central Bank is the central monetary authority while Oesterreichische Nationalbank remains the national central bank and participates in implementing the common framework.
Exchange Rate for EUR
In Austria, a reference quote for Euro (EUR) is most useful when its date and currency pair are kept visible. That separates movement in the underlying rate from the extra costs a bank, card issuer or transfer service may impose. The page uses Oesterreichische Nationalbank for the institutional currency context.
Banknotes and Coins
Banknotes
Euro banknotes in circulation include €5, €10, €20, €50, €100 and €200. First-series €500 notes can also remain in circulation, although no new €500 notes are issued.
Coins
Euro coins have a common European side and a national side. All eight standard denominations can circulate throughout the euro area.
Frequently Asked Questions
What currency is used in Austria?
Austria uses the euro (EUR) within the Eurosystem. The European Central Bank and Oesterreichische Nationalbank perform distinct roles in the shared monetary framework.
Who manages the currency system in Austria?
The euro framework combines the European Central Bank with Oesterreichische Nationalbank as the national central bank for Austria.
Are the exchange rates for Austria real-time?
On an Euro conversion involving Austria. Where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. Treat it as a dated benchmark, not as a guaranteed retail conversion price. This supports the rate context explicit.
Sources & methodology
European Central Bank is the principal reference used here for institutional facts about Euro in Austria. EUR identification follows ISO 4217, while exchange-arrangement classification is kept separate from dated market observations. It keeps the source trail clear.
View sources used for this page
- Oesterreichische Nationalbank - official website
- Regional or system monetary authority
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- European Central Bank - current euro banknotes
- European Central Bank - euro coins