Everything you need to know
Cyprus Currency
Travelling to or living in Cyprus? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.
Use the GoCard in Cyprus
Open a UK bank account with us and get a GoCard for smarter spending in Cyprus. Pay in local shops, use ATMs globally, and enjoy contactless payments—all with zero hidden fees. Everything is managed from the app. Available only to UK and EU residents.
What is the currency in Cyprus?
The official currency of Cyprus is the euro
Before the euro, Cyprus used the Cypriot pound (CYP).
EUR, €
Banknotes
€5
€10
€20
€50
€100
€200
€500
Coins
1
2
5
10
20
50 cents
€1
€2
Popular Euro pairings
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Z
How to spend money in Cyprus
Cyprus is card-friendly, especially in tourist areas. Cash is still useful in local markets, villages, and for taxis. Both debit and credit cards are widely accepted. Tip: Always choose to pay in local currency (EUR) to avoid extra conversion charges. With TransferGo, you can spend confidently and save on hidden bank fees.
Tips for exchanging money in Cyprus
ATMs are common: though fees may apply.
Cash useful for rural areas: not all small businesses take cards.
Avoid hotel/airport exchange: expensive rates.
Budget tip: tourist zones are card-ready, but carry euros for villages.
With TransferGo, you can send money directly to Cyprus or spend and withdraw locally with your GoCard.
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Frequently asked questions
What is the official currency used in Cyprus?
The euro (EUR, €).
What is the official currency used in Cyprus?
Symbol: € | Code: EUR
Can I use my home currency in Cyprus?
No, euros only.
How can I use my GoCard in Cyprus?
Just activate it in the app and start spending—online or in stores.
Is it better to use cash or card when spending in Cyprus?
Card is the default, but cash works for small, local purchases.
Are credit or debit cards widely accepted in Cyprus?
Yes, especially in cities; smaller places may prefer debit.
Are there ATMs available in Cyprus, and are there withdrawal limits?
ATMs are everywhere: but some might charge fees.
Can I use a GoCard in Cyprus?
Yes! You can use your GoCard for spending, withdrawing, or managing your money—with fair rates and no hidden fees.