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FAQ: What Is The Currency For Cyprus?

What is the best currency to use in Cyprus?

The currency of Cyprus is the Euro. You can use ATMs, debit and credit cards as normal. If you’re found with fake euro banknotes the police will be called and you may be prosecuted.

What currency did Cyprus use before the Euro?

The Cypriot pound was the official currency for Cyprus prior to its membership in the European Union (EU) and adoption of the euro (EUR) as legal tender in 2008. The Central Bank of Cyprus issued and administered the currency following its establishment in 1963.

Is it better to exchange money in Cyprus?

The Bank of Cyprus, with locations in every province, is your best bet for exchanging your cash from home without forfeiting too much of it. Often, exchange services, especially at airports and hotels, will try to woo customers by throwing out the enticing phrases “0 fees” or “No commission”.

How much money should I take to Cyprus for a week?

So, a trip to Cyprus for two people for one week costs on average €1,148 ($1,362). All of these average travel prices have been collected from other travelers to help you plan your own travel budget. A vacation to Cyprus for one week usually costs around €574 for one person.

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How much cash can you bring to Cyprus?

Any person entering or leaving the Republic of Cyprus and having in his/her possession cash or gold of a value equal or greater than € 10.000 (ten thousand euro), is obliged to declare this sum or gold to Customs.

Is Cyprus expensive?

Cyprus has for years been among hottest holiday destinations in Europe. Although closer to the Asia, the Republic of Cyprus is within the borders of the European Union and its currency is euro. Prices in Cyprus are moderate. Some say it is a little more expensive than in Spain or Greece.

How safe is Cyprus?

But despite the conflict that has plagued the region, and has left it in a state of political uncertainty, Cyprus is considered a very safe area to visit, with very little violent crime.

What side of Cyprus is Turkish?

North Cyprus is situated below Turkey on the map, and is also known as the Turkish Republic of Northern Cyprus (TRNC) or KKTC in the Turkish language. The main language spoken in North Cyprus is Turkish, however most people also speak English.

What is the strongest currency in the world?

Kuwaiti dinar Known as the strongest currency in the world, the Kuwaiti dinar or KWD was introduced in 1960 and was initially equivalent to one pound sterling.

Can I still exchange Cypriot pounds?

Many of us have enjoyed long lazy days in the sun on holiday in Cyprus. Many of us have also probably got Cypriot Pound notes that we did not manage to spend. And since Cyprus has now changed to the Euro you can ‘t spend your Cyprus Pounds in the country or exchange them at any banks in the UK.

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What should I buy in Cyprus?

Wine, olive oil, embroidery, glass and jewelry, folk art, icons and other religious items – our review covers all of these and more.

  • Olive oil and olives.
  • Wine.
  • Carob Products.
  • Halloumi cheese.
  • Glass.
  • Icons and other religious items.

Can I use my Visa debit card in Cyprus?

Cyprus’ banks and ATMs accept all of the major credit (and some debit) cards, including Visa, MasterCard, and American Express. However, you’ll be charged a fee for using most cashpoint machines or making a transaction at a bank counter.

Can you spend English money in Cyprus?

The Republic’s unit of currency is the euro (€). Banks in Cyprus exchange all major currencies in cash (travellers cheques are becoming increasingly rare). Most shops and hotels in Northern Cyprus accept hard currencies such as UK pounds, US dollars and euros.

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