Currency and Money Advice for North Cyprus Villa Holiday (2024)

FAQs

Currency and Money Advice for North Cyprus Villa Holiday? ›

The official currency in North Cyprus is the Turkish Lira (TRY), which can be easily obtained at any ATM or bank. However, some places may also accept foreign currency, such as Euros or US Dollars OR GBP. It's always best to check with the establishment beforehand to avoid any issues.

What Is The Best Currency To Take to North Cyprus? We recommend taking Pounds Sterling (£) with you when you travel to North Cyprus, and exchange them for Turkish Lira or Euros when you get here for the best exchange rates.

The currency in northern Cyprus is the Turkish Lira. If you've booked your holidays here, you won't be able to use Euros, so be sure to check that you're packing the right Cyprus currency before you go. The coins are known as kurus and come in denominations of 5, 10, 20 and 50, before you reach the 1 Lira coin.

EUR cash

You may want to exchange money to EUR before you leave, but it's also usually convenient to make ATM withdrawals locally once you arrive in Cyprus. You'll usually find you can use a card to make payments in Cyprus, but carrying some cash in EUR is also reassuring.

The official currency in Northern Cyprus is the Turkish Lira, which comprises of 100 new Kurus. The British Pound is traditionally strong against the Turkish Lira, which is why villa holidays in North Cyprus are great value for money at the moment.

All major credit and debit cards are accepted throughout Cyprus, but if you're travelling out of the main resorts and towns into the countryside then you may find that cash is preferred, especially for small transactions. So make sure you carry some cash with you.

FAQ About the Currency in Cyprus

Besides the euro, no other currency is officially accepted in Cyprus.

Water Drinkability

It is not recommended you drink tap water directly, as the water quality is not sufficient, however the water is safe for washing vegetables or cleaning your teeth. If you boil the water it is fine for drinking.

Tipping in North Cyprus

Always remember, tipping is a matter of personal choice, to reward good service. Generally, a tip of up to 10% is perfectly acceptable. Always tip in cash, not on your credit card, as you end up tipping the credit card company too through their charges!

I'd say 100 euros per day for a couple would be enough, plus day trips. It depends how much you want to spend on day trips - that could be a 5 euro bus fare or a 60 euro organised tour of some kind. I'd say 3000 euros would be ample (assuming that doesn't include accommodation costs).

What is the currency in Kyrenia? ›

most shops accepts TL and Euros. Local shops item prices are in Turkish Lira. As has been said many times, take your currency (be it sterling, dollars or euro) and change it at an exchange shop. You can pay at shops and restaurants in other than TL but the shopkeeper can decide what rate to give you.

With time at your disposal, you'll be able to see exactly what the fee and rate is, and how many euros you'll get for your dollars. It's possible of course that you might get a better deal when you land in Europe. It may well be the case that fees are lower and exchange rates better.

Before your trip, it's best to do a currency exchange at your bank or credit union, which likely offers better rates and fewer and/or lower fees. Your bank or credit union may buy back leftover foreign currency in exchange for dollars when you return.

The country's official currency is the Turkish Lira, the symbol for which is abbreviated as ₺ or TL. Most businesses do accept payments in English Sterling, Euro and US Dollars, and there are many Bureau de Exchanges offering competitive rates all over the country.

The local currency here is Turkish Lira , yes you can use other currencies , BUT you'll be at the mercy of the retailers exchange rate and your change will be in Lira. or just bring Sterling cash with you and change in a bureaux de change 4.6 = £1 here today.

The main currency of North Cyprus is the Turkish Lira although Sterling, Euros and Dollars are widely accepted on larger purchases (rather than in a small village shop buying bread!) All property purchases are conducted in Pounds and the contracts will be drawn up in Sterling.

Tipping in North Cyprus

Always remember, tipping is a matter of personal choice, to reward good service. Generally, a tip of up to 10% is perfectly acceptable. Always tip in cash, not on your credit card, as you end up tipping the credit card company too through their charges!

The official currency in Cyprus is the Euro. If you're in a store or restaurant you'll probably see the Euro symbol listed: €. Online and in currency exchange stores you're more likely to see the three-letter ISO code: EUR.