Daily Currency Exchange Rates

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İktisatbank Digital Banking Foreign Exchange Rates

Before buying or selling foreign currency or opening a foreign currency account, you can follow the most competitive exchange rates in the TRNC and the real-time values of 10 different currencies against the Turkish lira in our foreign exchange rates table.

The data in our table is updated in real time during business hours. In addition to US dollar, euro and pound sterling rates, the most competitive EUR/USD parity rate in the TRNC is also available in our Current Exchange Rates table.

INTERNET BANKING EXCHANGE RATES
CURRENCY BUY RATE SELL RATE
United States Dollar (USD) 48.6255 50.2335
Euro (EUR) 54.6670 56.4815
Sterling (GBP) 64.8225 66.9765
Australian Dollar (AUD) 33.4405 35.2570
Danish Kroner (DKK) 7.2340 7.6230
Swedish Kronor (SEK) 4.8495 5.1105
Swiss Franc (CHF) 58.3170 61.4450
Japanese Yen (JPY) 0.3075 0.3180
Canadian Dollar (CAD) 33.9465 35.7725
Norwegian Kroner (NOK) 5.0910 5.3640
Last Updated: 17.10.2026 - 18:18:30

* On business days, current market rates are published between 08:30 and 16:30, while holiday rates (with a margin) are published between 16:30 and 08:30.

As well as viewing competitive foreign exchange rates in the TRNC in our Current Exchange Rates table, you can follow competitive North Cyprus market prices for precious metals such as gold and silver in our Gold, Silver and Platinum Prices table.
You can also convert currencies and make foreign exchange calculations easily with the Currency Converter and Foreign Exchange Calculator.

Note: The data published on our website is provided by our Bank solely to help investors make their own investment decisions. Investors are entirely responsible for any decision to place a buy or sell order based on this data, which does not constitute an offer or personal investment advice. Although the information provided is in line with market data, it belongs to our Bank and may not be reproduced without permission. Our Bank accepts no liability for any direct or indirect loss arising from reliance on this information or for any delay, interruption or inaccuracy in the data.

Steps to Open a Foreign Currency Account

  • You can open a foreign currency account at İktisatbank quickly and without delay. After signing in to Internet Banking or Mobile Banking, follow the steps under Accounts > New Demand Deposit Account to open a Foreign Currency Demand Deposit Account. If you would like to earn interest on your foreign currency savings, sign in to Internet Banking or Mobile Banking and follow Accounts > New Time Deposit Account to open a Foreign Currency Time Deposit Account in seconds.
  • You can also open a Foreign Currency Demand Deposit or Time Deposit Account by visiting your nearest İktisatbank branch. For more information, call Telephone Banking on +90(392)444-4444.

Frequently Asked Questions About Foreign Exchange

No. İktisatbank does not charge an account opening fee for Foreign Currency Demand Deposit Accounts.

You can buy and sell foreign currency quickly at competitive North Cyprus rates through all digital banking channels, including Internet Banking and Mobile Banking. Select Currency Exchange > Buy and Sell to buy or sell the amount of foreign currency you require.

You can also visit your nearest İktisatbank branch or call Telephone Banking on +90(392)444-4444 for your foreign exchange transactions.

From your Foreign Currency Demand Deposit Account, select one of the following options:

  • Transfers > New Transfer > Transfer to Another Account
  • Transfers > New Transfer > Foreign Currency Transfer to Domestic Banks (EÖS)
  • Transfers > New Transfer > International Foreign Currency Transfer (SWIFT)

Then enter the details of the account to which you want to send the foreign currency.

You can also make a foreign currency transfer by visiting your nearest İktisatbank branch, or call Telephone Banking on +90(392)444-4444 for more information.

At Kıbrıs İktisat Bankası Ltd., you can open a Foreign Currency Demand Deposit Account in the following 12 currencies:

 

  • United States dollar (USD), Australian dollar (AUD), Canadian dollar (CAD),
  • Euro (EUR),
  • Pound sterling (GBP),
  • Swedish krona (SEK), Norwegian krone (NOK), Danish krone (DKK),
  • Swiss franc (CHF),
  • Japanese yen (JPY),
  • United Arab Emirates dirham (AED),
  • Russian ruble (RUB)

You can also open a Foreign Currency Time Deposit Account in:

  • United States dollar (USD),
  • Euro (EUR),
  • Pound sterling (GBP)
By opening a Foreign Currency Demand Deposit Account at İktisatbank, you can buy your preferred currency, manage the risk of exchange rate fluctuations effectively, manage foreign currency payments and receipts, and reduce transaction costs by converting your funds into the currency you need. You can also make foreign currency transfers to all Cardplus banks around the clock through our ATMs located throughout North Cyprus.
Currency parity is the ratio between two foreign currencies, such as EUR/USD or USD/GBP, where neither is the domestic currency. You can calculate currency parities with the Currency Converter and Foreign Exchange Calculator, and complete your transactions easily through Internet Banking and Mobile Banking.