Currency & Payment

Cyprus uses the euro (EUR, €), divided into 100 cents. As a eurozone member, prices are shown in euros and the same notes and coins used across much of Europe are valid here. Both cash and cards are widely used, especially in cities and resorts.

If you already have euros there is no need to exchange money. If you arrive with another currency, banks and exchange bureaus in cities such as Nicosia, Limassol and Paphos can change it, and withdrawing euros from an ATM usually gives reasonable rates. Compare fees, and avoid poor rates at airports where possible.

Cards are widely accepted in Cyprus, especially in cities and resorts such as Limassol, Paphos and Ayia Napa, and contactless is common. Visa and Mastercard are the most useful. Small tavernas, kiosks, markets and rural spots may prefer or only take cash, so carry some euros as a backup.

ATMs are widely available in Cyprus, run by banks such as Bank of Cyprus and Hellenic Bank, and are easy to find in cities, resorts and airports. Watch out for foreign-card fees, and always decline home-currency conversion (DCC) to get the better rate. Withdrawing euros from an ATM is usually the most convenient way to get cash.

For visitors, the easiest mobile payment options in Cyprus are Apple Pay and Google Pay, which work anywhere that accepts contactless cards, common in cities and resorts. There is no dominant local wallet that tourists need, so a contactless card plus a phone wallet cover most situations. Keep some cash for smaller or rural places.

Tipping in Cyprus is appreciated but not obligatory. Many restaurants add a service charge to the bill, in which case an extra tip is optional; otherwise leaving around 5-10% for good service is common. Rounding up for taxis and small tips for hotel staff are also welcome.

Cyprus is moderately priced by European standards, though resort areas such as Ayia Napa, Limassol and Paphos are pricier in peak summer. You can save by eating at local tavernas, buying from supermarkets and bakeries, and enjoying free beaches and nature. Prices rise in high season, so booking ahead helps.

Non-EU residents can claim a VAT refund on eligible purchases above a minimum amount. Ask the shop for a tax-free form when you buy, then get customs validation when you finally leave the EU. Conditions and minimum spend apply, and the refund is paid via the tax-free operator.