Money and duty free for Cyprus
Currency and Money
Currency information
Euro (EUR; symbol €) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.
Credit cards
Visa and Mastercard are widely accepted in cities, shops, hotels and restaurants. In rural areas, cash may still be preferable.
ATM
ATMs are common in cities and towns and accept international cards to dispense euros.
Banking hours
Mon-Thu 08:00 to 14:30; Fri 08:00 to 14:00.
Currency restrictions
When entering or leaving Cyprus, if you carry €10,000 or more (or equivalent) in cash, you must declare it to customs.
Currency exchange
Exchange services are available at banks, exchange offices, airports and hotels. ATMs usually offer good rates for withdrawing euros.
Cyprus duty free
Overview
Cyprus's duty-free allowance for travellers arriving from within the EU:
If you are over 17 years old, you can transport goods freely between EU countries, provided they are for personal use and not for resale. Taxes must already have been paid on these goods in the country of purchase. If you exceed the following guideline amounts, customs officials may question you to ensure the goods are for personal use:
• 800 cigarettes or 400 cigarillos or 200 cigars or 1 kg of tobacco.
• 90 L of still wine (of which a maximum of 60 L can be sparkling wine).
• 110 L of beer.
• 10 L of spirits over 22% alcohol by volume or 20 L of fortified wine or other beverages up to 22%.
• Travellers under 17 years old may not bring in tobacco or alcohol products, and rules may vary slightly between EU countries.
Cyprus's duty-free allowance for travellers arriving from outside the EU:
If you are arriving from a non-EU country, the following goods may be imported into Cyprus by travellers over 17 years of age without incurring customs duty:
• 200 cigarettes or 100 cigarillos or 50 cigars or 250 g of tobacco. You may combine these tobacco products provided the total limit is not exceeded.
• 1 L of spirits over 22% alcohol by volume or 2 L of alcoholic beverages less than 22% alcohol by volume.
• 4 L of wine.
• 16 L of beer.
• Other goods up to the value of €430 for air or sea passengers (reduced to €150 for travellers under 15).
Banned Imports
Prohibited items include narcotic and psychotropic substances, illegal weapons, counterfeit currency or goods, obscene materials, and chemical/nuclear/biological weapons. Import of some agricultural products (meat, dairy) from non-EU countries is restricted or banned. This list is not exhaustive. Travellers should check with Cypriot Customs or the nearest embassy for up-to-date export restrictions.
The European Union has imposed sanctions on various goods imported from the Russian Federation, including diamonds, gold, jewellery, cigarettes, cosmetics, seafood (such as caviar), spirits (like vodka), shoes, clothing, and smartwatches. However, it is important to note that the specifics of these sanctions can evolve, so travellers should consult the European Commission's communications for the most current and detailed information.
Banned Exports
Prohibited exports include endangered species and their derivatives, national cultural or historical artefacts without export permits, narcotics, and arms or military equipment without authorization.
This list is not exhaustive. Travellers should check with Cypriot Customs or the nearest embassy for up-to-date export restrictions.
