What Currency Is Used in Northern Cyprus?

What Currency Is Used in Northern Cyprus?

💰 What Currency Is Used in Northern Cyprus?

If you're planning a trip to Northern Cyprus, one of the most common questions is:"What money do I need?"Here’s your quick and clear guide.

 (₺)The Main Currency: Turkish Lira

Northern Cyprus uses the Turkish Lira (TRY) as its official currency. Prices in shops, restaurants, and local services are usually marked in lira.

🪙 Common banknotes: 5, 10, 20, 50, 100, and 200 TRY

🪙 Coins: 1, 5, 10, 25, and 50 kuruş; 1 lira coin

💶 Can I Use Euros?

Yes, Euros (€) are widely accepted — especially in tourist areas, hotels, restaurants, and some shops. However:

• You might receive change in lira

• Exchange rates vary — and they may not favor you

• Euros are usually rounded up (e.g., 1 beer for €3 instead of ₺80)

💡 Tip: It’s fine for quick buys or tipping, but for best value, use Turkish Lira.

💳 Do Cards Work in Northern Cyprus?

Yes! Most major cards (Visa, Mastercard) are accepted at:

• Hotels

• Large restaurants

• Supermarkets

• Petrol stations

However, cash is still king at:

• Local markets

• Taxis

• Street vendors

• Smaller eateries and cafés

💡 Tip: Always carry a bit of cash for convenience.

💱 Where Can I Exchange Money?

You can easily exchange euros, pounds, or dollars into lira at:

• Currency exchange offices (best rates)

• Banks

• Some hotels (but with less favorable rates)

• ATMs (many dispense lira directly)

🧠 Pro tip: Exchange a small amount first — rates are usually better in Northern Cyprus than at home.

🏦 ATMs and Bank Access

• ATMs are widespread in all towns and tourist areas

• Many offer English-language options

• Check for foreign transaction fees with your bank

Some ATMs also allow currency selection: Euro or Lira — choose Lira for local spending.

Cryptocurrency

Crypto exchanges in Northern Cyprus have been widely developed due to government policy. The fact is that Northern Cyprus is a rapidly developing cryptocurrency center, where any operations with cryptocurrencies are officially allowed, including the purchase and sale of various goods, cars and even real estate.

Everything has changed since cryptocurrencies came to the island. Over the past two years, more than 20 offline bitcoin/cryptocurrency exchangers and two online exchange offices have been created. More and more fintech and blockchain companies are currently investing in Northern Cyprus.

📈 What’s the Current Exchange Rate?

💡 Exchange rates fluctuate — always check before large purchases.

✅ Final Tips

• Use lira for the best value

• Keep small notes — especially in villages

• Avoid airport exchange desks (worst rates)

• Consider a travel card to save on fees

Next in the series: Do I Need a Visa to Visit Northern Cyprus?