Slovenia has the euro (EUR, €) as its currency. Therewith, Slovenia belongs to the 23 European countries that use the common European money. These 23 countries are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain (official euro members which are all European Union member states) as well as Andorra, Kosovo, Monaco, Montenegro, San Marino and Vatican which use it without having a say in eurozone affairs and without being European Union members. These countries together have a population of 327 million.
One euro is divided into 100 cents. While each official euro member (as well as Monaco, San Marino and Vatican) issues its own coins with a unique obverse, the reverse as well as all bills look the same throughout the eurozone. Nonetheless, every coin is legal tender in any of the eurozone countries.
The euro replaced the Slovenian tolar (SIT).
Prices are high compared to most of Eastern Europe (except Croatia), but lower compared to Italy or Austria. Although prices do vary quite a bit, it really depends on the location. For example, a beer (0,5 litre) in a pub in "Stara Ljubljana" (literally "Old (Town) Ljubljana") would cost you around €3.00, while a beer outside Ljubljana would cost around €1.80. A budget minded traveller can hold his own, if they are smart. For example buying your groceries in a large store (supermarket), such are Mercator, Tuš, Spar, Lidl, Hofer, E.Leclerc etc., will be likely cheaper than buying on the market, or in a small store, etc.
A value-added tax (VAT) of 20% (with a reduced rate of 8.5% usually applied to food, including some soft drinks) is charged on most purchases—this is always included in the price displayed. Note that if you are not an EU citizen, you are entitled to VAT tax return for purchases over a certain value. Ask the cashier to write down your name on your bill (račun, pronounced rah-CHOON) and show this bill when you leave Slovenia through Jože Pučnik (formerly Brnik) airport, or any of the main border crossings with Croatia.