Cyprus Property Select

Currency

Cyprus Pound (CYP; symbol C£) = 100 cents. Notes are in denominations of C£20, 10, 5 and 1. Coins are in denominations of 50, 20, 10, 5, 2 and 1 cents.

Currency exchange

Visitors wishing to obtain non-Cypriot currency at Cypriot banks for business purposes are advised that this is only possible by prior arrangement. There are ATMs operate in main towns and tourist areas.

Credit & debit cards

All major credit cards are accepted at most places. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

Traveller's cheques

May be cashed in all banks. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Pounds Sterling or Cyprus Pounds.

Currency restrictions

The import of local currency is unrestricted, subject to declaration; foreign currency for amounts over US$1000 (or the equivalent in other currency) must be declared. The export of local and foreign currency is limited to the amount declared on arrival. Local currency withdrawn from Cypriot banks may be exported provided a holding certificate is obtained by the bank.

Exchange rate indicators

DateAt time of publishing£1.00=C£0.83$1.00=C£0.47

Banking hours

Generally Mon-Fri 0830-1230 in June, July and August; Mon-Fri 0815-1230 and Mon 1515-1645 rest of year. Certain central banks may also open Tues-Fri in the afternoon. Banks in Larnaca and at Pafos International Airport are open all day.