What the currency of Cyprus

Cyprus is an island in the Mediterranean and when it comes to Cyprus, we find that it is divided into Turkish Cypriot and Cyprus Aleonanah.o Cyprus, a British colony, Cyprus has seen tensions between Turks and Greece from the time The island is divided from the north Turkish majority and Southern Cyprus Greek so the economic situation between Cypriot quite different Balnbesbh citizens and for the tourists as well as the Greek Cypriot economy depends on tourism and real estate and the Turkish Cypriot economy on agriculture and industry.

When talking about the currency used in Cyprus is also a coin is divided according to the majority and is considered Cypriot pound the official currency of Cyprus that has been replaced by the pound in Euros, where the Greek population Cypriot handles European currency the euro currency as they joined the EU in 2005, while the population of Cyprus is used turkey Turkish Lira. And the Euro Banknotes available categories are the five and ten and twenty and fifty percent and two hundred and five hundred euros and the category of currencies and the euro metal is two per cent and five and ten and twenty and fifty cents.

The currency used in Northern Cyprus is the Turkish lira and the cash of the categories used banknotes category is the one and five and ten and twenty and fifty percent and and TL. Approximate exchange rate fluctuates daily, so it is best to make sure when the exchange rate of currency exchange in many banks and exchange offices .omazm companies also accept the amount paid by tourists from major foreign currencies such as the euro and the pound sterling and the US dollar, and the pound Cypriot. It also accepts most major international credit cards and fees by hotels, restaurants and shops.

And when talking about the economic crisis in Greece note that banks in Cyprus Greek collapsed and went bankrupt completely after the power plant explosion and that has paralyzed the country completely in 2011, while banks in Turkish Cyprus was not affected in the south of Cyprus and this is due to banks in Cyprus Turkish associated with banks in Turkey, where most of the branches of Turkish banks.

For tourists, both heading for a country divided like Greek Cyprus and Turkish Cyprus can the euro and the dollar is used because the banks in both Cypriot do not face any problems in the conduct of the currency, and is a dollar of foreign currency, which is preferable to use when visiting Cyprus Turkish and to avoid exchange rate difference When you visit Cyprus Greek preferred to use the euro.