Cypriot pound | |||
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Λίρα Κύπρου (Greek) | |||
| |||
ISO 4217 Code | CYP | ||
User(s) | None, previously: Cyprus Akrotiri and Dhekelia | ||
Inflation | 2.8% | ||
Source | The World Factbook, 2005 est. | ||
ERM | |||
Since | 2 May 2005 | ||
Fixed rate since | 7 December 2007 | ||
Replaced by €, cash | 1 January 2008 | ||
€ = | £0.585274Cyp | ||
Band | pegged in practice, 15% de jure | ||
Subunit | |||
1⁄100 | cent σεντ (Greek) sent (Turkish) | ||
1⁄1000 | mil (₥) | ||
Symbol | £ (or £ Cyp for distinction) | ||
Plural | pounds λίρες (Greek) | ||
cent σεντ (Greek) sent (Turkish) |
cents σεντ (Greek) | ||
Coins | |||
Freq. used | 1c, 5c, 10c, 20c, 50c | ||
Rarely used | 2c | ||
Banknotes | £1Cyp, £5Cyp, £10Cyp, £20Cyp | ||
Central bank | Central Bank of Cyprus | ||
Website | [http://www | ||
This infobox shows the latest status before this currency was rendered obsolete. |
The Cypriot pound, also known as the Cypriot lira (Greek: λίρα, plural λίρες, and Turkish: lira, Ottoman Turkish: لیره, from the Latin libra through the Italian lira), was the national currency used in Cyprus until December 31, 2007. It was replaced by the euro in Cyprus and Malta on January 1, 2008 at a fixed exchange rate of 0.585274 pound per euro.
In the Turkish Republic of Northern Cyprus, which is only recognized by Turkey, the Turkish lira is used as the currency since 1974.