MONEY MATTERS

The Republic’s unit of currency is the Cyprus pound (CY£).  In Northern Cyprus the unit of currency is the Turkish lira (TL).  Banks in Cyprus exchange all major currencies in either cash or travellers cheques.  Currency exchange bureaus in tourist centres extend their opening hours and are open most weekends.  Most shops and hotels in Northern Cyprus accept Cyprus pounds and hard currencies such as UK pounds, US dollars and euros.  ATMs are also widespread and very popular.