Nearly all prices are in tolars, but some hotels, guesthouses and campgrounds still quote rates in German deutschmarks (DM), to which the tolar is linked.
May 25, 2006 (Press Release) --
Money Advice
Slovenia's still much cheaper than neighbouring Italy or Austria, though prices are increasing. To travel in comfort and style, expect to spend around US$100 a day; those happy to stay at guesthouses and eat at medium-priced restaurants should get by on US$70 a day. Those putting up at hostels and eating at self-serve restaurants can cut costs to around US$35.
Nearly all prices are in tolars, but some hotels, guesthouses and campgrounds still quote rates in German deutschmarks (DM), to which the tolar is linked. It's simple to change cash and travellers cheques at banks, post offices, travel agencies and any menjalnica, the ubiquitous private exchange offices. There's no black market, but exchange rates can vary. Banks take a commission of 1%, while tourist offices, travel agencies, exchange bureaus and hotels take up to 5%.
Credit cards are accepted at upscale restaurants, shops and hotels, but elsewhere you must use cash. Only a few of Slovenia's ATMs are accessible to foreign account holders, but more and more are coming online. Credit card holders can get cash advances in tolars from some banks.
A value-added tax (replacing the 'circulation' tax) is now added to the purchase price of most goods and services. Many hotels in Slovenia levy a 'tourist tax' on overnight visitors of about US$2. Tipping is not compulsory, but no one will chase you out of the restaurant for leaving a 10% gratuity.
Economy Facts
GDP: US$20 billion
GDP per head: US$10,300
Annual growth: 3.5%
Inflation: 8%
Major industries: Textiles, manufacturing, timber products, agriculture
Major trading partners: EU (esp. Germany, Croatia, Italy, France, Austria)
Member of the EU: no
Currency
tolar (SIT)
Relative Costs
Meals
Budget: US$5-10
Mid-range: US$10-15
Top-end: US$15 and upwards
Lodging
Budget: US$5-30
Mid-range: US$30-50
Top-end: US$50 and upwards
Source: http://www.yahoo.com
Slovenia's still much cheaper than neighbouring Italy or Austria, though prices are increasing. To travel in comfort and style, expect to spend around US$100 a day; those happy to stay at guesthouses and eat at medium-priced restaurants should get by on US$70 a day. Those putting up at hostels and eating at self-serve restaurants can cut costs to around US$35.
Nearly all prices are in tolars, but some hotels, guesthouses and campgrounds still quote rates in German deutschmarks (DM), to which the tolar is linked. It's simple to change cash and travellers cheques at banks, post offices, travel agencies and any menjalnica, the ubiquitous private exchange offices. There's no black market, but exchange rates can vary. Banks take a commission of 1%, while tourist offices, travel agencies, exchange bureaus and hotels take up to 5%.
Credit cards are accepted at upscale restaurants, shops and hotels, but elsewhere you must use cash. Only a few of Slovenia's ATMs are accessible to foreign account holders, but more and more are coming online. Credit card holders can get cash advances in tolars from some banks.
A value-added tax (replacing the 'circulation' tax) is now added to the purchase price of most goods and services. Many hotels in Slovenia levy a 'tourist tax' on overnight visitors of about US$2. Tipping is not compulsory, but no one will chase you out of the restaurant for leaving a 10% gratuity.
Economy Facts
GDP: US$20 billion
GDP per head: US$10,300
Annual growth: 3.5%
Inflation: 8%
Major industries: Textiles, manufacturing, timber products, agriculture
Major trading partners: EU (esp. Germany, Croatia, Italy, France, Austria)
Member of the EU: no
Currency
tolar (SIT)
Relative Costs
Meals
Budget: US$5-10
Mid-range: US$10-15
Top-end: US$15 and upwards
Lodging
Budget: US$5-30
Mid-range: US$30-50
Top-end: US$50 and upwards
Source: http://www.yahoo.com
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