CYPRUS

(pound = 100 cents)

15-CYP

Text Box: 	Cyprus adopted the euro on 1 January 2008 with the rate : 1 EUR = 0.585274 CYP.
	From 1.1.2008 until 31.1.2008, the Cyprus pound will circulate in parallel with euro and will be accepted for cash transactions.
	The Central Bank of Cyprus will continue to exchange free of charge Cyprus pound coins for euro for a period of 2 years from the day of the introduction of the euro, that is until 31.12.2009, and banknotes for a period of 10 years, that is until 31.12.2017.
	
Text Box: Import / Export restrictions:
	Foreign currency:
  In: free up to equivalent of 10 000 EUR  - declaration if more
 Out: same
	Local currency:
  In: free up to 10 000 EUR  - declaration if more
 Out: same

NOTES (1997+) redeemable till 31.12.2017

older series pounds

older NOTES redeemable in Central bank of Cyprus

COINS (1983+) were redeemable till 31.12.2009!!!

Oval: to the rates

 

NOTES and COINS we buy

buy/sell

% fixing

Valid till:

Notes

£ 20, 10, 5, 1 (1997+)

?? / ?? %

31.12.2017

£ 20 (1992-93), 10 (1977-95), 5 (1979-95), 1 (1979-96)

£ 0.50 (83-89)  

mils 500 (1982) = 0.50 £

£ 5, 1 (1961-78); mils 500, 250 (1961-79) !!!!

 

not exchangeable!

Coins

cents 50, 20, 10, 5, 2, 1 (1983+)   were redeemable till 31.12.2009

£1 (1976); mils (before 1983); 1/2 cent (1982)

Area

(sq km)

Population (2005)

Language/Ethnicity

Ethnicity / Religion

Life duration

GDP per capita

(world position)

9 250

802 500

Greek

Greek Orthodox 77 %

male 75.29

2004 : 19 633 (36)

Nicosia

Turkish

Muslim 18 %

female 80.13

2005 : 21 600 (47)

208 900

English

Others 5 %

 

 

20 £ (1997+)(164*80mm)

10 £ (1997+)(156*76mm)

5 £ (1997+)(148*172mm)

20 £ (1992-93)

10 £ (1977-95)

5 £ (1979-95)

 

1 £ (1979-96)

 

 

1 £ (1997+)(140*68mm)

 

old 0.50 £ (50 cents)(1983-89)

old 500 mils (50 cents) (1982)

50cents(26mm,7.00g)(Cu,Ni)(1991+)

20cents(27.25mm,7.75g)(Cu,Zn,Ni)(1983-88)

20cents(27.25mm,7.75g)(Cu,Zn,Ni)(1989-90)

20cents(27.25mm,7.75g)(Cu,Zn,Ni)(1991+)

10cents(24.5mm,5.5g)(Cu,Zn,Ni)(1983-90)

10cents(24.5mm,5.5g)(Cu,Zn,Ni)(1991+)

5cents(22.00mm,3.75g)(Cu,Zn,Ni)(1983-90)

5cents(22.00mm,3.75g)(Cu,Zn,Ni)(1991+)

2cents(19.00mm,2.50g)(Cu,Zn,Ni)(1983-90)

2cents(19.00mm,2.50g)(Cu,Zn,Ni)(1991+)

1cent(16.50mm,2.00g)(Cu,Zn,Ni)(1983-94)

1cents(16.50mm,2.00g)(Cu,Zn,Ni)(1991+)

From the day of the introduction of the euro, and for a period of one month, that is from 1.1.2008 until 31.1.2008, the Cyprus pound will circulate in parallel with euro and will be accepted for cash transactions.