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First time in Cyprus?
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Cyprus Currency. Cyprus pound is the monetary unit of Cyprus Republic. It is equal to 100 cents. On the territory occupied by Turks circulates Turkish pound. Under the fluctuation in the exchange rate Cyprus Pound is higher than 2$. The currency on Cyprus is issued wit the following nominal value: bank notes- 20, 10, 5, 1 and 0.5, and coins - 50, 20, 10, 2, 1 and 0.5. 
To exchange the currency is better in the banks or at the airport. Also it is necessary to keep the bank receipt. In the presence of a amount more than 1000 USD, is necessary to proclaim it by arrival at the airport. All major credit cards are accepted. Also is important to find out the taxes you have to pay using the credit cards as some institutions fixes a definite percent (5% /7%) which will be charged from the credit card at the time you will charge the money. Also is important to mention that is very inconvenient to charge the money at the cash machine as it is charged a considerable percentage. What about purchases, is more convenient to pay for it with credit card. Buying over 100 Cyprus pounds, you can get a Global Refund. Banks works on weekdays from 8-30 till 12-30. Some banks wich are located in touristic zones works in the afternoon as well.
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