The Euro is Austria’s only valid currency since 2002.
1 Euro (€) = US$ 1.31 (as of May 2012)
1 Euro (€) = 100 Cent
Currently, the following coins and bills are in circulation: Coins: 1,2,5,10,20,50 Cent; 1 and 2 Euro Bills: 5,10, 20, 50, 100, 200 and 500 Euro
Most hotels, restaurants and businesses accept credit cards (American Express, Visa, Eurocard/MasterCard and Diners Club). All common currencies can be exchanged at banks, post offices, at airports, in bigger hotels, tourist offices and other currency exchange locales.
A network of ATM machines, most of which allow cash advances on credit cards, can be found across the entire country. Currency exchange machines are available in some cities. There is no restriction on cash amounts being imported to or exported from Austria.