FAQ: What Money Does Cyprus Use?

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.

Can you use US dollars 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.

Does Cyprus use the pound?

In 1983 the mil was replaced by the cent and the Cyprus pound became denominated into 100 cent. On 1 January 2008, the euro replaced the Cyprus pound as the Republic’s monetary unit.

What currency is used in South Cyprus?

Southern Cyprus use Euro (EUR) as its currency, whereas the northern Turskish part use Turkish lira. Tip! On Cyprus, it is common to use cash, but many places also do accept card payments.

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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.

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 cheap to visit?

Budget travel in Cyprus is nearly impossible. It’s not that the country is particularly expensive – it’s more than the Balkans but cheaper than the Nordic countries. No, Cyprus just makes it really difficult to enjoy the country if you’re not rich and looking for a luxury vacation. Planning to Visit Cyprus?

How much does it cost to live in Cyprus?

Family of four estimated monthly costs are 2,879$ (2,425€) without rent. A single person estimated monthly costs are 818$ (689€) without rent. Cost of living in Cyprus is, on average, 13.03% lower than in United States.

What food is eaten in Cyprus?

Dishes of Cyprus Traditional Cypriot foods include souvlakia (grilled meat kebabs), shaftalia (grilled sausage), afella (pork marinated in coriander), fried halloumi cheese, olives, pitta bread, kolokasi (root vegetables), lamb, artichokes, chickpeas and rabbit stews (stifado).

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.

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What is Cyprus famous for?

Cyprus, Greek Kípros, Turkish Kıbrıs, an island in the eastern Mediterranean Sea renowned since ancient times for its mineral wealth, superb wines and produce, and natural beauty.

How much is paid per hour in Cyprus?

The average hourly wage (pay per hour) in Cyprus is 12 EUR. This means that the average person in Cyprus earns approximately 12 EUR for every worked hour.

How much is school fees in Cyprus?

Nevertheless, the cost of education in Cyprus is accessible, and although it grows annually, this increase correlates to the inflation index. On average, tuition fees range between 3,400 and 8,000 EUR/year, or at around 314 EUR/module.

Do they speak English in Cyprus?

As a country formerly under British rule until the mid 20th century, English is very widely spoken in Cyprus, with around three quarters of the population being able to speak it. All road signs are also in English as well as Greek and many shops sign, menus, public notices and advertisements etc.

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