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The currency of Cyprus can refer to: Euro in the republic of Cyprus. Cypriot Pound used until 2008. Turkish lira in Turkish controlled Northern Cyprus. Category:
History. £1 note issued in 1955. £1 note issued in 1978. The British introduced the Cypriot pound in 1879. It had the same value as the pound sterling, and replaced Turkish currency at a rate of £C 1 to 180 piastres. The Cypriot pound was initially divided into 20 shillings ( σελίνι / σελίνια, şilin, شلن ), in common with ...
List of currencies in Europe. There are 29 currencies currently used in the 50 countries of Europe. All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 25 countries); any country entering the European Union (EU) is expected ...
Cyprus (/ ˈ s aɪ p r ə s / ⓘ), officially the Republic of Cyprus, is an island country in the eastern Mediterranean Sea, north of the Sinai Peninsula, south of the Anatolian Peninsula, and west of the Levant. It is geographically a part of West Asia, but its cultural ties and geopolitics are overwhelmingly Southeast European. Cyprus is the ...
The economy of Cyprus is a high-income economy as classified by the World Bank, [3] and was included by the International Monetary Fund in its list of advanced economies in 2001. [1] [2] Cyprus adopted the euro as its official currency on 1 January 2008, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per €1.
The lira ( Turkish: Türk lirası; sign: ₺; ISO 4217 code: TRY; [1] abbreviation: TL) is the official currency of Turkey and Northern Cyprus, as well as one of the two currencies used in northern Syria under the country's interim government. [2] One lira is divided into one hundred kuruş .
Cypriot euro coins. Cypriot euro coins feature three separate designs for the three series of coins. Cyprus has been a member of the European Union since 1 May 2004, and is a member of the Economic and Monetary Union of the European Union. It has completed the third stage of the EMU and adopted the euro as its official currency on 1 January 2008.
There are eight currencies of the European Union as of 2023 used officially by member states. The euro accounts for the majority of the member states with the remainder operating independent monetary policies. Those European Union states that have adopted it are known as the eurozone and share the European Central Bank (ECB).
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