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Currency in North Cyprus

Currency in North Cyprus: Turkish Lira (Turk Lirasi). Currencies such as US Dollars, British Pounds or Euro are usually accepted in shops or restaurants in Kyrenia or other cities in North Cyprus.

Banknotes: 100, 50, 20, 10, 5, 1 TRL
Coins: 1 TRL and 50, 25, 10, 5, 1 kurus

Check Turkish Lira notes and coins for better visualization.

Currency to bring

In Northern Cyprus you can pay with hard currencies like UK sterling, US dollar or euro. These currencies are widely used in large stores, hotels and restaurants, or easily exchanged. Sterling is the best form of currency to bring. Do not bring Turkish Lira as the exchange rates are much better in North Cyprus. The current unit 1 YTL is value equal to roughly GBP £0, 42 or USD $0, 62. Check current exchange rates.

Travellers Cheques

If you feel uncomfortable carrying large amounts of cash, then euro cheques and traveller cheques are accepted and easily exchanged in banks, exchange bureaux and hotels.

Practicality

At present there are no strict controls on the quantity of cash or traveller’s cheques imported into North Cyprus but you should leave with as few Turkish Liras as possible, as they are worthless outside Northern Cyprus or Turkey. While no restrictions are placed on imports of foreign exchange, large amounts should be declared to customs upon entry. Up to $10,000 may be exported.

Credit Cards and ATMs

Credit cards are widely accepted in stores, restaurants, supermarkets or petrol stations. From ATMs (automated teller machines) you can withdraw cash at any time, although bank charges may be applied. You will find plenty of ATMs as they are scattered over in bigger cities like North Nicosia, Famagusta and Kyrenia.