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 TransferGo card in Cyprus
The TransferGo card helps you spend smarter in Cyprus. Pay in local shops, withdraw cash from ATMs, and enjoy contactless or virtual payments — all while avoiding hidden bank fees and poor exchange rates. Everything is managed from the app, so you’re always in control of your money.
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 TransferGo card.
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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 the TransferGo card in Cyprus?
Just activate it in the app and start spending — online, in stores, or at ATMs.
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 TransferGo card in Cyprus?
Yes! You can use your TransferGo card for spending, withdrawing, or managing your money— with fair rates and no hidden fees.