AngloINFO Cyprus Update

Monday 31st December 2007

A Brand New Start

It's New Year's Eve! Tomorrow sees the start of 2008 and, of course, Euro changeover day in Cyprus with the Euro becoming Cyprus's official currency. Are you ready?

Quick conversions

Many ATMs across Cyprus should be distributing Euro notes from this evening - and certainly from the morning of New Year's Day - and even though it's a national holiday, one bank branch in each city will be open from 11:00 to 14:00 to serve those wishing to exchange their Cyprus Pounds for Euros. 

The conversion rate is set at €1 = £0.585274. From Tuesday, all non-cash payments such as cards payments, standing orders and bank transfers will be carried out in Euros. Be aware that a cheque will not be valid unless it is made out in Euros. Cash will be accepted until the end of the month (although your change will be in Euros!).

While items will still be priced in both currencies, people in European countries that have already made the switch found the faster they got to grips with the Euro's value the better.

  • To help you make quick conversions, AngloINFO has placed a handy Euro Converter on the front page of AngloINFO Cyprus (see just above Today's weather).
  • Find out more about the changeover on the INFOrmation Page on the Cyprus Euro Conversion 2008.

And here at AngloINFO we want to wish you a happy and prosperous New Year. AngloINFO will be aiming to make 2008 a banner year, offering you more and better online tools to help with your life in Cyprus.

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What else?

To keep up with all the new stuff on AngloINFO is easy - just click here! We've been adding new entries to the AngloFILE just about every day, and there are now over 3,200 listings there! If you want your business added, just follow this link.

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