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  Cyprus
Free area: Nicosia,  Limassol,
Larnaca, Paphos, Polis,
Ayia Napa, Paralimni.
Occupied area: Ammochostos (Famagusta),
Kyrenia, Morfou, Rizokarpaso
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1 year - 8%, 5 years - 10%



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Cyprus Euro coins

On 1 January 2008 Cyprus adopted the euro, the single european currency (1 euro = 0,585274 Cyprus pound). More than 310 million people in the 15 EU member states that have adopted the euro now share the benefits of the single currency.

The adoption of the euro will bring considerable benefits for the Cypriot citizen. Price transparency in the single market of the EU facilitates price comparability, fosters competition and leads to lower prices. The elimination of the exchange rate risk is conducive to trade transactions, thus also leading to lower prices. Travelling and buying goods and services in the euro area countries is easier, because citizens will not have the hassle of changing currencies every time they cross a border, and are better able to compare prices since they can use their own currency anywhere in the euro area. Travelling and buying goods and services outside the euro area is also easier, since the euro is an international currency and therefore widely accepted in many places outside the euro area, particularly in tourist destinations. Furthermore, both savers and investors can take advantage of increased opportunities for savings and investment, which emerge in the single financial market of the EU.

Moreover, there exist important potential benefits for the economy as a whole, such as price stability, sound public finances, low interest rates and a shield for negative shocks in the external environment. These conditions are conducive to bolstering economic growth, investment and employment, to the benefit of all citizens.
 
 
National Design of Cyprus Coin
moufflon

The moufflon, the most characteristic species of Cyprus, representing the island’s wild life.

It is depicted on the 1, 2 and 5 cent coins.
 
ship
 

The ship of Kyrenia (4th century B.C.), representing Cyprus’s character as an island as well as its history.  Furthermore, it shows the island’s importance in trade.

It is depicted on the 10, 20 and 50 cent coins.
 
idol
 

A cross-shaped idol dating back to the chalcolithic period (3.000 B.C.), from the village of Pomos.  It is a characteristic example of the prehistoric art of Cyprus reflecting the island’s civilization and antiquity.

It is depicted on the 1 and 2 euro coins.
 
 

Eurocoins specification:

1 CENT

Diameter (mm): 16.25

Thickness (mm): 1.36

Weight (g): 2.3

Shape: Round

Colour: Red

Composition: Copper-covered steel

Edge: Smooth



Design of New Common European Side
euro1cent

 A geographical image of Europe in relation to Africa and Asia on a globe.



National Design of Cyprus Coin

The moufflon, the most characteristic species of Cyprus, representing the island’s wild life.


2 CENT

Diameter (mm): 18.75

Thickness (mm): 1.36

Weight (g): 3

Shape: Round

Colour: Red

Composition: Copper-covered steel

Edge: Smooth with a groove



Design of New Common European Side
euro2cents


National Design of Cyprus Coin

The moufflon, the most characteristic species of Cyprus, representing the island’s wild life.


 
5 CENT

Diameter (mm): 21.25

Thickness (mm): 1.36

Weight (g): 3.9

Shape: Round

Colour: Red

Composition: Copper-covered steel

Edge: Smooth



Design of New Common European Side
euro5cents


National Design of Cyprus Coin

The moufflon, the most characteristic species of Cyprus, representing the island’s wild life.


10 CENT

Diameter (mm): 19.75

Thickness (mm): 1.51

Weight (g): 4.1

Shape: Round

Colour: Yellow

Composition: Nordic gold

Edge: Shaped edge with fine scallops



Design of New Common European Side
euro10cents


National Design of Cyprus Coin

The ship of Kyrenia (4th century B.C.), representing Cyprus’s history and its character as an island as well as its importance in trade.


20 CENT

Diameter (mm): 22.25

Thickness (mm): 1.63

Weight (g): 5.7

Shape: Spanish flower shape

Colour: Yellow

Composition: Nordic gold

Edge: Plain



Design of New Common European Side
euro20cents


National Design of Cyprus Coin

The ship of Kyrenia (4th century B.C.), representing Cyprus's history and its character as an island as well as its importance in trade.


50 CENT

Diameter (mm): 24.25

Thickness (mm): 1.88

Weight (g): 7.8

Shape: Round

Colour: Yellow

Composition: Nordic gold

Edge: Shaped edge with fine scallops



Common European Side
euro50cents


National Design of Cyprus Coin

The ship of Kyrenia (4th century B.C.), representing Cyprus’s history and its character as an island as well as its importance in trade.


 
1 EURO

Diameter (mm): 23.25

Thickness (mm): 2.125

Weight (g): 7.5

Shape: Round

Colour: External part: yellow; internal part: white

Composition: Nickel brass; three-layer

Edge: Interrupted milled



Design of New Common European Side
1euro

A geographical image of Europe as of 1 January 2007.



National Design of Cyprus Coin

A cross-shaped idol dating back to the chalcolithic period (3.000 B.C.), found in Pomos, a village in the district of Paphos.  It is a characteristic example of prehistoric art in Cyprus, reflecting the island’s antiquity and civilization.


2 EURO

Diameter (mm): 25.75

Thickness (mm): 1.95

Weight (g): 8.5

Shape: Round

Colour: External part: white; internal part: yellow

Composition: Copper-nickel; three-layer: nickel brass, nickel, nickel brass

Edge: Edge lettering, fine milled



Design of New Common European Side
2euro

A geographical image of Europe as of 1 January 2007.



National Design of Cyprus Coin

A cross-shaped idol dating back to the chalcolithic period (3.000 B.C.), found in Pomos, a village in the district of Paphos.  It is a characteristic example of prehistoric art in Cyprus, reflecting the island’s antiquity and civilization.



Central Bank of Cyprus

List of Cyprus banks    
Cyprus Bank Holidays 
Cyprus Euro coins       

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