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  1. The Cypriot pound was introduced in 1879 and was equal in value to one pound sterling. It remained at that value until 1972, some twelve years after Cyprus gained independence from the United Kingdom.

  2. May 16, 2022 · Key Takeaways. The Cypriot pound (CYP) was the official currency of the Republic of Cyprus from 1963 until 2008, when it changed over to the euro. During this period, the pound was pegged at...

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  4. Mar 15, 2024 · Last updated 03/15/2024 by. Alessandra Nicole. Edited by. Andrew Latham. Fact checked by. Abi Bus. Summary: The Cypriot pound (CYP) served as the official currency of Cyprus until its adoption of the euro (EUR) in 2008. Initially pegged to the British pound (GBP), it later shifted to the U.S. dollar before transitioning to a currency basket.

  5. The Cypriot Lira, also known as the Cyprus Pound, holds a significant place in the economic and cultural history of the island nation of Cyprus. From its humble beginnings to its eventual replacement by the Euro, the Cypriot Lira tells a fascinating story of economic development and the integration of Cyprus into the global financial system.

  6. Banknotes & Coins / Cyprus pound. Prior to the introduction of the euro, the monetary unit of the Republic of Cyprus was the Cyprus pound which was initially divided into 1.000 mils. In 1983 the mil was replaced by the cent and the Cyprus pound became denominated into 100 cent.

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