Currency in Saint Martin: EUR Send & Spend FX Guide
Resources for Expats, Travelers and Entrepreneurs Navigating Life and Trade in Saint Martin with the Euro.
What's in this Saint Martin currency guide?
What currency is used in Saint Martin?
The official currency of Saint Martin (country code: MF) is the Euro, with symbol € and currency code EUR.
What is a good Euro exchange rate?
The BestExchangeRates.com currency comparison table below helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of rates, enter your transaction type, currencies and amount then click ‘GET RATES’:
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Good things to know about the Euro
As of June 16, 2025, the Euro (EUR) has experienced notable developments affecting travelers, expats, and business owners:
- Interest Rate Adjustments: The European Central Bank (ECB) has reduced its key interest rates multiple times since April 2025, with the deposit rate now at 2%. This easing cycle aims to stimulate economic growth amid global uncertainties. (ft.com)
- Inflation Trends: Eurozone inflation has moderated, with the latest data showing a decrease to 2.4% in November 2024, bringing it closer to the ECB's 2% target. (nbcdfw.com)
- Eurozone Expansion: Bulgaria is on track to adopt the euro on January 1, 2026, following successful convergence assessments. This expansion may influence currency dynamics and economic interactions within the euro area. (en.wikipedia.org)
These developments are crucial for individuals and businesses engaged in international transactions, as they can impact exchange rates, purchasing power, and overall economic conditions.
For more EUR information check out our selection of Euro news and guides.
Frequently Asked Questions
What currency should I use in Saint Martin?
The domestic currency in Saint Martin is the Euro.
What is the Euro currency code and symbol?
The three letter currency code for the Euro is EUR — symbol is €.
What does the Euro look like?
Here is an example Euro banknote:
Which countries use the Euro?
It is the domestic currency in Eurozone, Aaland Islands, Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Estonia, Finland, France, French Guinea, French Southern Territories, Germany, Greece, Guadeloupe, Vatican City, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Martinique, Mayotte, Monaco, Montenegro, Netherlands, Portugal, Reunion, Saint Barthelemy, Saint Martin, Saint Pierre and Miquelon, San Marino, Slovakia, Slovenia and Spain.
Is the Euro a closed currency?
No, the Euro is freely available and convertible. See guide: What is a closed currency?
What are equivalent amounts of NZD and EUR?
Here are some popular conversion amounts for NZD to EUR (New Zealand dollar to Euro)*.
| NZD | EUR |
|---|---|
| NZ$ 1,000 | € 508.80 |
| NZ$ 5,000 | € 2,544 |
| NZ$ 20,000 | € 10,176 |
| NZ$ 100,000 | € 50,880 |
More amounts
*Converted at the current NZDEUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Travel money for Saint Martin
Using Wise for Euro travel money is a smart choice for savvy travelers. With its competitive exchange rates and low fees, Wise allows you to convert and manage multiple currencies effortlessly.
Be careful when using your own bank's Debit/Credit Card, as your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash on top of the standard Visa/Mastercard 2.5% from market mid-rate.
For card purchases, if you are offered a choice of currencies always select to Pay in Euro otherwise you will typically get much worst dynamic currency conversion (DCC) exchange rates.
If you really want Euro cash before departure, you can save money by ordering online. You generally get better rates and can pick up the EUR cash locally or even on travel day at the airport.
Everyday Costs in in Saint Martin
How much does it really cost to live, work, or travel in Saint Martin? Here's what to expect for daily expenses and expat living.
Currency Guide: Saint Martin (ISO Code: MF)
Travelers planning a one-week mid-range stay in Saint Martin should budget approximately €1,200 to €1,500 for a comfortable experience. This estimation should cover accommodation, meals, and some recreational activities. Here's a quick breakdown of typical daily expenses in the local currency, the Euro (EUR):
- 🍽️ Meal at a local restaurant: €15-€25
- ☕ Coffee: €2-€4
- 🚍 Public transport fare: €1.5-€3
- 📱 Prepaid SIM card: €30 (for a month)
- 🏨 Budget hotel or Airbnb: €80-€150 per night
Overall, Saint Martin can be categorized as an average to slightly expensive destination compared to other Caribbean islands but is generally more affordable compared to the United States. While dining out and accommodation can be pricey, the high-quality experiences often justify the costs. In comparison, travelers might find prices similar to those in the UK, where dining and accommodations can also drain the budget but offer a different culinary and cultural experience.
Expat Living in Saint Martin
For expats, the typical monthly living costs in Saint Martin can vary widely depending on lifestyle choices, but a general expectation is around €2,500-€3,500 per month. This figure includes rent, groceries, dining out, and entertainment. When it comes to banking, it’s advisable to create a relationship with a local bank for convenient transactions and wire transfers. Using credit or debit cards is widely accepted; however, having some cash on hand is beneficial for small purchases and local markets.
When it comes to exchanging money, it may be more cost-effective to use online transfer services like Wise or OFX for significant sums, as they often offer better conversion rates and lower fees than local currency exchanges. However, for small amounts, exchanging a little cash locally may suffice. Always consider transaction fees and currency fluctuations when transferring money or making purchases abroad to ensure you maximize your budget.
USD/EUR Market Data
The below interactive chart displays the USD/EUR change and UP📈 DOWN📉 trends over the past 1 Year.
Recent Euro Market News
February 5, 2026
Key Developments Affecting the Euro (EUR):
1. ECB Maintains Interest Rates Amid Economic Resilience: The European Central Bank (ECB) has kept its benchmark deposit rate at 2%, citing the eurozone's economic resilience despite global challenges. (apnews.com)
2. Eurozone Inflation Falls Below Target: Inflation in the eurozone dropped to 1.7% in January, below the ECB's 2% target, raising questions about potential future rate cuts. (exchangerates.org.uk)
3. Bulgaria Adopts the Euro: On January 1, 2026, Bulgaria became the 21st member of the eurozone, adopting the euro as its official currency. (en.wikipedia.org)
4. Euro Strength Impacts Export Competitiveness: The euro's appreciation against the US dollar has raised concerns about the competitiveness of European exports. (apnews.com)
Recent Developments in the Eurozone Economy:
- Europe's central bank maintains interest rate with economic growth resilient, Published on Thursday, February 05
- Europe sees modest growth, but the weaker US dollar looms as a threat, Published on Friday, January 30
For more EUR information read our News and guides to the Euro.
Send Money to Saint Martin - Best Rates
To get a good (and fair) exchange rate when sending money to Saint Martin you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to Saint Martin
When sending money to Saint Martin it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Euro amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted EUR amount will be transfered to the recipient account you specify in Saint Martin.
Use the above calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Euro deposited into the recipient bank account and less margins and fees kept by the banks!
