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Cypriot pound

From Simple English Wikipedia, the free encyclopedia
Cypriot pound
Λίρα Κύπρου (Greek)
£1Cyp
£1Cyp
ISO 4217 Code CYP
User(s) None, previously:
 Cyprus
United Kingdom 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
1100 cent
σεντ  (Greek)
sent  (Turkish)
11000 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.centralbank.cy www.centralbank.cy]
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.

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