Currency in Northern Cyprus
The main currency used in Northern Cyprus is the Turkish Lira. Other main currencies such as US dollars, British pounds or euros are accepted in major urban areas. Bank notes are available in 1, 5, 10, 20, 50 and 10 lira denominations and coins come in 1 lira and 50, 25, 10 and 1 kurus units. It would be advisable to arrive with foreign currency as the exchange rates available are better in Northern Cyprus than outside. Rates for 1 Turkish Lira (TRY) currently stand at 0.43GBP, 0.49EUR and 0.67USD.
Major credit cards are accepted in cities such as Nicosia, Famagusta and Kyrenia and ATMs are available to withdraw cash, although charges will be applied. This may be more difficult in smaller towns and villages as Northern Cyprus is a cash economy and it is usually better to use cash.