How much money should I take on holiday to Cyprus?

How much money should I take on holiday to Cyprus?

When going on a vacation, there are many important items that you need to carry. Whether you are going to be vacationing in a remote area or in a big city, you need to have the essentials to help you move around and enjoy yourself without any problems.

One thing that you can’t just afford not to have enough of is cash. Having enough cash makes it easy for you to execute your plan for the trip and at the same time be a bit spontaneous.

If you are going on a holiday to Cyprus, how much money should you carry? Since Cyprus is a member of the European Union, you will need to convert your money into euros (€).

The average daily cost of travelling in this country is around €77 per person. Food will cost €30 per day per person and hotel accommodation will be around €75 per couple. That adds up to €182  per day.

If you are travelling as a couple those costs will double with the exception of accommodation. So assuming you are a couple travelling for seven days, it will cost you around 2,023 euros.

Why you should carry a credit or debit card

Fortunately, there is no shortage of ATM machines in Cyprus. If you can get a prepaid, credit or debit card that doesn’t charge you any fees when you use it overseas, this would be the perfect way to really enjoy your time over in Cyprus.

Using a card will give you enough leeway to move around without being too restricted. At the same time, you won’t need to spend money buying the local currency and selling it back.

The fact that spending patterns differ from one person to another makes it difficult to give a one-fits-all figure of how much money you should spend.

Of course, you still need to be disciplined with how you use your card to avoid unnecessary spending. But for most people, this is what works best. In addition to the card, you may also want to have some cash on you to assist in paying miscellaneous expenses such as taxi rides and tipping at restaurants.

Tips to help you estimate travel cash

It’s important to know that having enough money either in cash or on credit or debit cards before you travel is much more convenient compared to trying to track down banks or other financial institutions in another country.

You also need to have enough money in cash to use in places that don’t allow the use of cards.

Here are some of the most important tips you must consider:

 

1. Anticipated activities

Knowing the activities you want to participate in while on holiday makes it easier to estimate how much money you can expect to spend. Activities will include tours, meals and tickets to attend cultural events.

2. Special Purchases

Of course, there are some special items that you may want to purchase either as souvenirs or gifts for your loved ones. It’s always important to remember these when estimating the cost of travelling.

3. Know your credit card pin off the head or write it somewhere

This comes in handy in case of an emergency. It gives you a good place to start especially in case you end up losing your card. You may also want to write a toll-free number to call in case you need it.

What do I need to know about Cyprus?

In geographical terms, Cyprus is located in Asia, although it is a European country and a member of the European Union. Among the islands in the Mediterranean Sea, it is the third largest. It is also a former British colony and it gained its independence in 1960.

Cyprus summers are hot and humid and the winters cool and damp. The country has six administrative regions with Turkish forces occupying some of the regions.

Overall, Cyprus is a peaceful country and has remained so for a long time.

In summary

The most important thing when going to Cyprus on holiday is to make sure you carry enough cash. Although this article attempts to guide you on how much you should carry, your spending choices will determine how much you end up spending.

It’s better to carry extra money and not spend it than to carry less and end up regretting it.


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