If you are travelling to a different country the you need to find out what the local currency is, -  i.e. what kind of money they use. 16 countries in the EU use the Euro as their currency, but other countries in the EU (like Scotland) don't. Poland has the Zloty, Romania has the Lei and Denmark the Krone. You can find out which countries use the Euro on the Europa website. Make sure you have the correct money or you won't be able to buy anything.

Exchange Rates

When you know where you're going abroad it's worthwhile checking out the exchange rate at banks and travel agents. The exchange rate tells you how much your money is worth when you change it into different currencies. The exchange rate changes on a daily basis but it usually doesn't change dramatically. Take a look at the XE.com website to see how much you would get for your money.

In Advance

It is useful to change some of your money into the local currency before you leave Scotland. This way if you arrive in a foreign country you can buy a drink or something to eat and don't have to wait to get your money changed from Sterling into the local currency.

It is also possible to withdraw money from a cash machine once you arrive. But remember you will be charged for your withdrawl, and there may not be as many cash machines in the country your going to, as you are used to.

Discounts

Remember your Young Scot NEC card is valid in European countries so you can save as you travel! For more information go to European Youth Card website.

Travellers Cheques

One really safe way of taking money abroad is to take travellers cheques. They can be bought at banks, travel agents or the Post Office. You’ll need proof of identity, such as a passport, before you can get them which is one of the main reasons why they are pretty safe. You can buy travellers cheques at any age as long as you have photo ID (e.g. passport) and can sign your name.

When you are abroad on your holidays, travellers cheques can usually be cashed at banks, and most retail and service outlets. However, these places might charge you a rate to cash them, and you might not like carrying your passport around with you.

One of the key things is to keep a note of the serial numbers of the travellers cheques so you can get your money back if they are stolen.

If you would like some more advice on foreign currency and how to get it call the Young Scot InfoLine on 0808 801 0338.