There are no restrictions for the importation of currency in the TRNC.
The local currency is the Turkish Lire, which was re-valued on the 1st January 2005. The change took the form of removing six zeros from the currency so that 1,000,000TL became 1 YTL. Both old and new notes will remain in circulation until the end of 2005.
British currency and Cyprus pounds (the currency of the southern part of Cyprus) are accepted in most outlets, but it is recommended that currency and travellers and euro cheques are changed at the exchange offices in town, where competitive rates are offered. These outlets are open on more days of the week, and for longer hours than banks, and in general will offer a quicker turn around than banks, where long queues are not unusual.
International credit cards are accepted by all major hotel and businesses, and local currency can also be obtained by using debit and credit cards at ATM's provided by the high street banks.