1. From the pound to the euro  Exhibition A restrospective of the currency of the Republic of Cyprus  Euro The features of euro banknotes& coins 2

*

From the pound to the euroExhibition A restrospective of the currency of the Republic of CyprusEuro The features of euro banknotes& coins*

1960 - Establishment of the Cyprus Republic

Currency unit - Cyprus pound

Decimal system - Mils

*

1961 - First currency notes

Nominal value - 250 and 500 mils 1 and 5

*

1963 - First coins Nominal value - 1 mil, 5, 25, 50 and 100 mils*

June 1963 - Establishment of the Central Bank of Cyprus

Exclusive right to issuethe currency

CBC issues: Banknotes Coins for circulation Collector / Commemorative coins*

December 1964 -

First banknotes by the Central Bank of Cyprus

*

Depictions

Topics chosen to project the islands: civilization history nature character*

Depictions

Kyrenia boat Goddess Aphrodite (Venus) Girl in national costume Elements of flora and fauna Villages and landscapes Emblem of the Republic Map of Cyprus*

1977 - First 10 note

1979 - Change of the 1 and 5 designs

1982 - Change of the 500 mils design

1992 - First 20 note

*

October 1983 New decimal system CENT Coins with nominal values of , 1, 2, 5, 10 and 20 cent *

1983 - 50 cent note

1991 - 50 cent coin*

1997 - New issue of banknotes with nominal values of 1, 5, 10 & 20

State of the art security features*

Security features

WatermarkIncorporated security threadIntaglio printingIntaglio horizontal lines to assist blind or partially sighted peopleHologramsetc*

COINS

Obverse side

Emblem of the Republic

CYPRUS KIBRIS

Year of issue*

COINS

Obverse side

Nominal value

Depictions. Topics chosen to: - project the civilization & history - represent the wildlife - reflect the character of Cyprus*

Collective / Commemorative coins

Collector purposes

Limited number

Gold, silver, cupronickel and bronze

Advisory Committee for the Design of Banknotes and Coins

- Choice of topic

- Competition*

*Topics / Important events and other

Cypruss accession to European Union Establishment of University of Cyprus Third Millennium Olympic Games Wildlife etc

Introduction of the euro in Cyprus

Target date 01.01.2008*

EURO BANKNOTES (Obverse side)Seven nominal values*

EURO BANKNOTES (Reverse side)*

EURO BANKNOTES Obverse side Windows and gateways from the seven architectural styles of Europe that symbolise the European spirit of openness and cooperation The 12 stars of the EU represent the dynamism and harmony of contemporary Europe The EU flag*

EURO BANKNOTES Reverse side A bridge from the seven architectural styles of Europe is depicted on each banknote The bridges symbolise the close cooperation and communication between the people of Europe and between Europe and the rest of the world Map of Europe*

Feel Raised print

Look Watermark Security thread See-through number

Security features*

TiltThe image on the hologram (patch or stripe) will change between the value, and a window or doorway, and the euro symbol. In the background you can see rainbow-coloured concentric circles (large denominations only)

Gold coloured stripe on the back (5, 10 & 20)

The value numeral on the back will change colour from purple to olive green or brown (50, 100, 200 & 500)Security features*

Eight nominal valuesEuro Coins Common/European side*Maps of Europe:Symbolise the unity of the EU

EURO COINS national sides national elements*Euro area

13 states (Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain, Finland)

Small states (Monaco, San Marino, Vatican City )

Conditions:

12 stars of Europe Year of issue Country of issue

*

Depictions One design (Belgium, Ireland, Vatican City) Two designs (Netherlands, Finland) Three designs (France, Germany, Luxembourg, Portugal, Spain, Monaco) Eight designs (Austria, Greece, Italy, Slovenia, San Marino)*

CYPRUS EURO COINS National sides*Selection of themes Recommended by the Special Advisory Committee for the Design of Banknotes and CoinsSelected by the Central Bank of CyprusApproved by the Council of MinistersCompetition Selected designs: Tatiana Soteropoulos and Erik Maell.

CYPRUS EURO COINS national sideIdol of Pomos Chalcolithic period (3000 B.C.) Antiquity Civilization *

CYPRUS EURO COINS national sideKyrenia boat - 4th century B.C.History Importance in trade Character as an islandCommon side*

CYPRUS EURO COINS National sideThe Cyprus moufflon Cypruss wildlife*

The euro symbol -

Three criteria:

To be highly recognisable symbol of Europe

To have visual link with existing well known currency symbols

To have an aesthetically pleasing design and to be easy to write by hand Inspired by the Greek letter epsilon First letter of the word Europe Two parallel lines indicate the stability of the euro*

Thank you for your attention

Please remain seated*

**