The currency of Cyprus has changed due to the domination of this country by other countries, and therefore different currencies are common in the north and south of this country.
As you know, the country of Cyprus is divided into two parts, north and south, each country is managed by an independent government. The official currencies of these two countries are different, so in this article we will examine the common currencies in these two countries.
The currency of Northern Cyprus
The official currency of Northern Cyprus is the Turkish lira, and the reason for this is that Northern Cyprus is under the rule of Turkey. Each Turkish lira consists of 100 kuroush which is equivalent to one twentieth of the US dollar (every 100 US dollars is equivalent to 2000-2300 Turkish lira on average).
The closeness of the lira to the rial has made the cost of living in Cyprus suitable for Iranians. Turkish lira is available in the form of 5, 10, 20, 50, 100 and 200 lira banknotes, which you can see below.
Northern Cyprus is a tourist country and travelers from different parts of the world travel to this country continuously. And this has caused the currency of North Cyprus to be not only limited to Lira, and other than Lira, international currencies such as dollar and euro are also popular in this country. This means that you can buy in North Cyprus stores and supermarkets with dollars and euros, but this is not cost-effective at all, and it is better to convert your money to Lira at the exchange offices.
Those who live in North Cyprus will realize after a while that the daily expenses of living in Cyprus are in Lira, but if you want to buy a car in Cyprus or if you intend to buy a property in Cyprus, the prices are in British pounds. will be.
The currency of South Cyprus
Southern Cyprus is ruled by Greece, so the Turkish lira has no use in this country. Until 2008, the Cypriot pound was known as the currency of South Cyprus. From January 1, 2008 onwards, the euro became the official currency of this country. So, if you plan to travel to South Cyprus, you should know that the price of all goods Shops, apartments and cars are in euros
