Where to exchange money in Protaras
Are you heading to Protaras? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Protaras that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Where to exchange money in Protaras
Are you heading to Protaras? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Protaras that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Spend abroad without hidden fees
Currency exchanges in Protaras
If you have a need to use cash, here are some recommendations to exchange foreign currency in Protaras.
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 |
|---|---|---|
| Nick's Bottle Shop and Exchange | Leoforos Protara-Kavo Gkreko, Protaras 5296, Cyprus | +357 99 119900 |
| Masari Money Transfer- J.D Taj Mahal | Διονύσιου Σολωμού 6, Ayia Napa 5330, Cyprus | +357 23 721999 |
| Masari Money Transfer - K.S Shopner Mahal Ltd | Yianni Ritsou 1-A, Ayia Napa 5330, Cyprus | +357 23 721999 |
| ATM | 22HR+3R7, Pernera 5296, Cyprus | |
| VIP Exchange | İsmet İnönü Blv, Gazimağusa 99450 | +90 548 865 10 00 |
| Masari Money Transfer - Marites Mini Market | Antoni Papadopoulos 2, Paralimni 5282, Cyprus | +357 96 230352 |
| Instant Photo Ltd currency exchange | Georgiou 'A 87 4048, Germasogeia 4046, Cyprus | +357 25 323791 |
| Masari Money Transfer - Web Wave Broadband | 1st April 94, Paralimni 5285, Cyprus | +357 96 385544 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
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 Protaras — 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 Protaras
When exchanging money in Protaras 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. 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.
2. Know 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. Also try to plan ahead and make as few withdrawals as possible to avoid multiple extra fees.
5. 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.
Currency exchange bureau who?
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And what's even better, at the mid-market exchange rate. Low fees and fair rates all around the world, that's the Wise way!
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Other currency exchanges
Bottom line
As you can see, there’s no shortage of options when it comes to exchanging money in Protaras. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.
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.