Northern Cyprus currency – KIBRIZ reveals what you should know before your arrival
Would you like to take a trip to Northern Cyprus or look for a property to invest with KIBRIZ Realty Tours? Then you should know which currency is used in Northern Cyprus – and which payment methods are particularly common here. First of all, it should be said that in southern Cyprus it is not uncommon to pay in euros – however, in northern Cyprus you have to be aware that the general currency is not accepted everywhere. Here the euro is only used in larger shops in the capital Nicosia, but not further north – or only very rarely. Therefore, read on below to find out what you should consider before you travel.
The currency of Northern Cyprus – you should carry this currency with you
Three different currencies are common in the north of Cyprus – but not all of them are used everywhere. Therefore, travelers must consider in advance which option is the best choice for them – or divide their own budget into two different currencies in Northern Cyprus. Turkish lira is the main currency used here: even in the smallest shops or markets, you can always pay safely with Turkish lira. Euros are also accepted, but more often in larger markets or restaurants. Another common currency in Northern Cyprus are British pounds. This currency is rarely used in Northern Cyprus, especially for real estate transactions, more formal transactions or the like. However, if you just want to travel around the area and have a good time, you are always on the safe side with Turkish lira.
This should be taken into account when entering the country: When entering the country, tourists should be able to show that they have an amount of around 100 euros available for each day of their stay. Proof can be provided either by a statement of the bank account or by showing cash.
Cash or credit card – this is the best way to carry your money with you
In principle, credit cards are accepted in most Northern Cypriot shops, and there are also numerous ATMs available in the cities. It may only happen in smaller shops that there is no card reader – and cash is still preferred. Therefore, the safest way to travel is to decide to split your budget between cash (Turkish lira) and credit card. This way you avoid withdrawal fees due to frequent ATM deductions and can access any store in Northern Cyprus with the correct Northern Cyprus currency.
Giving a tip – how is it working with the currency of Northern Cyprus?
Are you looking for property in Northern Cyprus and would you like to score points in local cafes and restaurants? In the north of Cyprus, tipping is basically not necessary as good service is simply part of the culture. If you still want to be polite and particularly appreciate the service, you can leave a tip of around ten percent of the total amount. The staff is most pleased with this when it is available in cash in Turkish lira and does not have to be exchanged first. You won’t go wrong with a ten percent tip.