Title says it all. In Romania, when talking about buying a house, everyone uses the EURO instead of the RON/LEI. We convert it to EURO.
Same goes with car prices, especially more expensive ones.
Title says it all. In Romania, when talking about buying a house, everyone uses the EURO instead of the RON/LEI. We convert it to EURO.
Same goes with car prices, especially more expensive ones.
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In Denmark house prices are always shown in DKK (danish kroners) and not in EUR.
Will you take the mortgage in EUR too? That’s a pretty big risk…
In Poland we never use EUR for any domestic purposes. It is always PLN.
Only companies that focus solely on international trade calculate their prices in EUR. Some even pay their employees in EUR (although afaik that requires a B2B contract) so they don’t have to recalculate their costs when the exchange rate changes and they don’t wanna bother with exchanging currencies. But it’s really rare.
Everything else is always shown in PLN. People don’t generally have a mental model of what things should cost in EUR.
Hungary:
Generally in HUF, the local currency. However there are some cases, especially more recently, that prices are based on the EUR rate.
The websites still only work on HUF, but in the description they mention euro dependency.
The Bulgarian Lev was pegged to the German mark before they took the Euro, so strangely it is still pegged to the euro at this fixed rate. Properties are commonly displayed in euros for sale but leva for rent. Expensive cars are sold in euros but cheap cars are sold in leva. The idea is to make it easier to compare to the international market for an international commodity, but the local currency for something which isn’t worth exporting. All over soon though.
Same in Serbia. Pretty much everything higher than 1000€ is discussed in euros, except in the contracts and store prices. Even if it’s a cheap old car, the price will be discussed in euros.
Often even in contracts the price in euros is written with a note saying price in dinars (RSD) will be calculated on the specific day based on official exchange rate of the National Bank of Serbia. Some salaries are calculated the same.
Loans are also mostly in euros, but you can chose also in dinars, Swiss franks or dollars. For every currency conditions and rates change.
Dinar has historically been pretty unstable (hyperinflation much?), so people used to discuss everything in DM and just switched to euro. Now 1€ has been 117RSD for years, but it’s more practical to use euro as above 1000€ sums become ridicolous.
In the north of Cyprus, where the Turkish Lira is used, house prices, rent prices, mortgages and other expensive items are priced in pound sterling or Euro because of how volatile the Lira is.
Always in SEK in Sweden. We never use EUR for domestic purposes.
In Hungary we rarely use EUR pricing. Where you might encounter them are in major tourist destinations like around Balaton.
Romania: Prices are shown in Euros, paid in Lei. Been like this for the past 20y or so.
It used to be the same here, before we adopted the EUR. Now it’s still shown in our national currency 🙂
I am originally from Venezuela, now I live in Portugal, i mention this because in my experience people start to use another currency when they dont trust anymore in their own currency, in Venezuela because of the inflation, the prices of “big things” started to be shown in US dollars, but over time, the inflation went so high that now everything is shown in dollars, you can pay with Venezuelan bolivars or dollars if you have.
The use of the dollar improved the economy, before that, shelfs in stores, not just food but every kind of store, were empty becase basically you paid for something but because the price kept changing the store could not replace anything with the supplier, what the store received was not enough anymore to buy new goods and win some money.
If people in Rumania are now using the euro for “big things” then that means high inflation and the lost of confidence in your own currency, you guys would benefit of adopting the euro why dont you?
Always CZK. One realities agency displays EUR also, but they usually offer the best of the best properties, so I guess they cater to a lot of foreign people.
Lithuania has had the Euro for a decade now, but before that all prices were always in Litas.
Always SEK. the only time we use Euro is when checking the exchange rate.
So much for my slovak uncle who still converts all the purchaces from euro to slovak crown 🤣🤣
Always DKK, we use it for everything except getting cheap alcohol, that’s usually done in Sweden or Germany.
In Iceland, everything is in our own currency, the icelandic krona – never the euro.
PLN, there was a time when prices were shown in USD during the hyperinflation in the 90s, I assume they don’t do it because it invokes the bad memories, and it’s just unnecessary, I earn in PLN, spend in PLN and on the occasion I go abroad I have an euro account and card for it, and even if I didn’t I can use my normal card, just on a worse exchange rate
Does your money have some sort of value or prestige problem? I think I heard of using USD for prices around the time of USSR collapse when there were serious issues with this.
As far as I remember here local currency was used before adopting Euro, it probably was also mostly better for marketing since at the face value prices were smaller.
In Bulgaria real estate has always been priced in Euros. Cars you can pay in both Levs and Euro.
Increasingly, all prices are displayed in both currencies and banks give statements in levs and Euro too.
But why would you not use the local currency?? Can’t think of an explanation