Where to exchange money in Limassol
If you’re planning a trip to Limassol, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Limassol. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
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Currency exchanges in Limassol
If you have a need to use cash, here are some recommendations to exchange foreign currency in Limassol.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
| Money Changer | Address | Contact Information |
|---|---|---|
| Instant Photo Ltd currency exchange | Georgiou 'A 87 4048, Germasogeia 4046, Cyprus | +357 25 323791 |
| KoronaPay Europe Limited | World Trade Center, 28 October Ave 359, Limassol 3107, Cyprus | +49 1573 5999799 |
| G.S. Cash Line . Ltd | Spyrou Araouzou 119, Limassol 3036, Cyprus | +357 77 772772 |
| TriumphFX(Cyprus) | Lophitis International Center 3, 2nd Floor, Corner of Soteri MIchaelidi and 28th October street, Limassol 3035, Cyprus | +357 25 030337 |
| FXGlobe Limited | Louki Akrita 2, Limassol 3030, Cyprus | +357 22 222694 |
| The Trading Pit | Ayiou Athanasiou 74, Limassol 4102, Cyprus | - |
| Tickmill EU | Kedron 9, Mesa Geitonia 4004, Cyprus | +357 25 247650 |
| YouHodler | Office 106, 1st floor, Melford Tower, 172, Arch. Makarios III, Limassol 3027, Cyprus | - |
| LDN Global Markets | Arch. Makarios III Avenue 205, Limassol 3095, Cyprus | - |
| IGM Forex Ltd | Matheou Matheou St Limassol, Agios Athanasios 4101, Cyprus | +357 25 252371 |
| easyMarkets | 1 Griva Digheni Limassol CY, Limassol 3035, Cyprus | +357 25 828899 |
| Western Union | 97 Omonias Avenue Limassol, Limasol 3734, Cyprus | +357 22 710400 |
| Traders Trust | 3rd Floor, Thalia 3-Office Number 310-318, Limasol 3011, Cyprus | +357 25 207000 |
| XM | Richard I & Berengaria Of Navarre, Limassol 3042, Cyprus | +357 25 029900 |
| FxGrow | Arc. Makariou C 59, Steratzias Court Block A, Office 14, Limassol 4003, Cyprus | +357 25 211707 |
| HTFX (EU) LTD | Eutuchidou 6, Limassol 3048, Cyprus | +357 25 734400 |
| Moneygram | M2GX+RMF, Limassol 3036, Cyprus | - |
| RoboMarkets Ltd | Arch. Makarios III Avenue 169-171, Limassol 3027, Cyprus | +357 25 123275 |
| INTELIEXPRESS | Georgiou 'A 32, Limassol 4047, Cyprus | +357 25 104950 |
| ScopeMarkets Services (CY) | 19, Spyrou Kyprianou Avenue Silver House, Ground Floor Limassol CY, Limassol 3070, Cyprus | +357 25 262575 |
Euro rate today
First off, in case you’re wondering something along the lines of “does Cyprus use Euro?”, the answer is yes. The currency in Limassol — and the rest of Cyprus— is Euro
You can also find it written as EUR in currency exchange shops.
What you should know about exchanging money in Limassol
When exchanging money in Limassol or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Cyprus long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in Cyprus banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Euros for a fairer rate and fees. The same applies if you get the option on card machines.
Consider an alternative to physical currency exchanges
Say goodbye to overcomplicated currency exchange. Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Limassol. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.