Together with the rest of Spain and continental Europe, Menorca successfully converted from the Spanish Peseta to the Euro (€) on 1st January 2002.
€1 was equivalent to approximately 166 Pesetas.
The new currency has been good news for travellers, especially those in the Euro Zone. British holidaymakers also find it an easier currency to convert and use.
It's easy to lose your head when using an unfamiliar currency. Stay savvy by remembering the following:
Although the locals rarely tip, it is still accepted courtesy to tip for good service. In restaurants, 10% is considered normal where service is not included. In cafés and bars, leave a little small change. For porters, chambermaids and tour guides, €1 - €2 is common. 10% is also normal in taxis.
Remember that tipping is optional; if service is poor, don't be afraid to make your feelings known by leaving nothing.
£1 = €1.25
(€1 = £0.80)
Source: European Central Bank