When traveling or doing business in Northern Cyprus, getting the best exchange rate is essential for maximizing the value of your money. Here’s a brief guide to three of the best Currency exchange shops in Northern Cyprus that consistently offer competitive rates and trustworthy service.
Important Note About Currency Exchange in Northern Cyprus
In Northern Cyprus, all currency exchanges are done through the Turkish Lira (TRY). This means that when you exchange foreign currency, it first converts to TRY, and then to the desired currency. As a result, slight differences in rates may occur depending on the fluctuations of the Turkish Lira. Always check the latest exchange rates before making a transaction.
1. Sundöviz Exchange
Located in Kyrenia (Girne) and Lefkosa (Nicosia), Sundöviz is well-known for providing excellent exchange rates with minimal commission. They handle all major currencies, including Turkish Lira (TRY), Euro (EUR), US Dollar (USD), and British Pound (GBP).
Why Choose Sundöviz?
- Transparent exchange rates with no hidden fees
- Friendly and professional staff
- Convenient location near key tourist and business areas
Tip: Visit during off-peak hours to avoid long waiting times, especially during weekends and holidays.
2. Kıbrıs Döviz
Kıbrıs Döviz, based in Lefkosa (Nicosia), is a trusted name among locals and tourists. Their rates are often better than banks, and they offer quick service for travelers needing to exchange money on short notice.
Why Choose Kıbrıs Döviz?
- Competitive rates on both small and large transactions
- Licensed and regulated, ensuring safe transactions
- Clean and secure environment
Tip: Always ask about bulk exchange discounts if you’re converting a large amount of money.
3. Desly Exchange
Desly Exchange is another popular exchange shop in Famagusta (Gazimağusa). They are known for their reliability and fair rates. Focusing on customer satisfaction, they also offer additional services like currency consultation for businesses.
Why Choose Desly Exchange?
- Consistently competitive rates
- High level of customer service
- Option to call ahead for updated rates and special deals
Tip: Keep an eye on their website or social media pages for periodic rate promotions.
Final Thoughts
When exchanging money in Northern Cyprus, it’s always a good idea to check the day’s rates online before heading out. While all three of these exchanges offer great service, comparing rates can help you get the most out of your money. Remember to keep your receipt after every transaction for your records and peace of mind.
By choosing a reliable exchange shop like Sundöviz, Kıbrıs Döviz, or Desly Exchange, you can ensure a smooth and cost-effective currency exchange experience during your stay.