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Guide to Currency and Prices in Ibiza

Guide to Currency and Prices in Ibiza

If you’re planning your holiday to the Balearic Island of Ibiza, you may be surprised to uncover the many hidden gems this well-known party island has to offer (beyond the nightclubs). An island of great contrasts with a focus on the senses; you can dance from dusk ‘til dawn or escape to the blissful peace of yoga retreats.

The currency in Ibiza is the Euro (EUR) and you won’t be short of things to treat yourself to. From world-famous nightclubs to glorious beaches and boat trips, flea markets selling everything from fashion to thrift, a thriving art scene and historical Ibiza Old Town with its renaissance architecture, this is an island which will keep you coming back for more.

Dining out in Ibiza

A country known for high-quality and fresh ingredients, Ibizan cuisine is Mediterranean food at its finest. Known for its simplicity, expect plenty of shellfish, meat, fresh vegetables and herbs – and there’s always olive oil and plenty of wine on the table!

Arroz de Matanzas is a comforting traditional rice dish is made with local meat (usually pork) with mushrooms and saffron.

Parrillada de Pescado is a mixed seafood grill commonly found on menus in beachside resorts of Ibiza, this includes lobster, prawns or squid all grilled to perfection in this dish that is a dream for seafood lovers.

Sobrassada is a cured sausage native to Ibiza and other Balearic Islands. It’s a similar colour to Spanish chorizo (thanks to plenty of added paprika) and is deliciously spicy when cooked.

Sofrit pagés is a hearty stew made with a mixture of meats, as well as potatoes, garlic, herbs and saffron.

Flaons are circular or semi-circular pastries. The fillings can include local sheep or goat cottage cheese and ground almonds, or more sweet versions, including pumpkin jam and honey.

A main meal in an inexpensive restaurant will cost you between £7–£13.50.

The price of drinks

A 500ml bottle of local beer in a restaurant will cost you between £1.80 and £3.10 and around £3.60 for imported versions.

A 750ml bottle of wine will cost you around £9 in a local supermarket. Native wines to look out for include the rich, full-bodied Monastrell, and fragrant Malvasia Bianca white.

If you enjoy spirits, try Hierbas – an Ibizan herbal liqueur infused with up to 20 wild plants and usually served cold in a glass of ice.

A 1.5-litre bottle of water from a local supermarket will cost around 55p–70p.

Tap water varies from region to region and can be quite salty, so it’s safest to buy bottle water.

Out and about

Ibiza Cathedral is situated in Ibiza Town, located at the top of a steep hill. It’s worth a visit if you’re looking for a bit of peace and quiet – you’ll also be able to enjoy panoramic views of the sea.

Also situated in the Old Town, Necropolis del Puig des Molins is a museum themed on death and burial rituals. You’ll find hundreds of fascinating artefacts here. Entry is around £2.75.

The Hippy Market is perfect for a holiday spending spree. Located in Sant Joan de Labritja, you’ll find local ceramics, hand-made cosmetics, chocolates, clothes, craft beer and much more. Perfect for treating yourself or buying gifts for back home.

If the beach scene is your thing, take a trip to Cala Comte beach. A beautiful sandy beach on the island’s west coast – a great place to watch the sunset and savour Ibiza’s outstanding natural beauty.

Ibiza beach

And finally, if partying until dawn is in your plan, try Amnesia, with tickets starting from around £36, or Pacha near Ibiza Town Marina, with its whitewashed facade and open-plan main dancing area. Or try Sankeys located in the heart of Playa d’en Bossa.

How much spending money should I take to Ibiza?

If travelling to Ibiza, budget for around £60 per person per day, or £420 per person per week, to cover all meals and excursions. All inclusive offers may offer excellent value, try Fiesta Tanit Hotel for 7 nights all-inclusive from London Gatwick from £395pp*.

Ibiza Town

Tipping in Ibiza

In restaurants and bars, the service charge will be included, but a tip is always appreciated – around 10% of the restaurant bill will be sufficient. Round up your tip to the nearest euro in bars.

If the service of baggage handlers has been super helpful in hotels, a small tip of 1 to 2 euros will be appreciated.

The same goes for taxi drivers helping with bags – tip between 5-10% of the total fare, or round up to the nearest euro.

*Prices correct at the time blog was published and are subject to availability. T&C’s apply.