Cypriot euro coins
The Cypriot euro coins are put into circulation coins of Cyprus of the single European currency, the euro.
On 29 April 2005 Cyprus joined the European Exchange Rate Mechanism II at a central rate of 1 EUR = 0.585274 CYP and was allowed to submit a mid-market price vary ± 15%. On 13 February 2007 it was announced that Cyprus will apply for membership of the euro area on 1 January 2008. The application for membership was then examined by the European Commission. On 16 May 2007, the EU Commission and the European Central Bank announced that Cyprus could introduce the euro on 1 January 2008. This decision was officially confirmed at the EU summit in Brussels on 21 June 2007 by the Heads of State and Government of the EU. On 1 January 2008 the euro at an exchange rate of 1 EUR = 0.585274 CYP officially legal tender in Cyprus cash was.
Circulation coins
On 14 October 2005, a national competition was to design the coins to an end. The competition already defined the designs:
Addition, it was determined that the name of Cyprus in the two national languages Greek ( ΚΥΠΡΟΣ ) and Turkish ( KIBRIS ) had to be considered in the design.
On the common sides of the 10 -, 20 - and 50-cent, and the 1 - and 2- euro coins, Cyprus is shown several hundred kilometers to the west of its true position. It seems and 50 cent coins, south of Crete, on the one - - On the 10 -, 20 and 2- euro coins directly east of the Greek mainland. The initially favored by the EU Commission had been envisaged to map parts of Turkey and Cyprus would thus displayed correctly; he was rejected by the EU Council of Ministers.
2- euro commemorative coins
→ Main article: 2- euro commemorative coins
Cyprus has not issued until the following day 2 euro commemorative coins:
- 2009: European Economic and Monetary Union 1999-2009
- 2012: Tenth anniversary of the introduction of the euro
Euro cash (2012 )
Mints
The Cypriot price and collector coins of 2008 and 2009 were marked by the Suomen Rahapaja in Vantaa, Finland. In contrast, the 2- euro commemorative coin from 2009 was produced by the Royal Dutch Mint. Since 2010, the Greek mint produced in Athens all Cypriot euro coins.
Collector coins
5 EUR
Material: 925 silver - coin diameter: 38.61 mm - Weight: 28.28 g
20 EUR
Material: 917 Gold - Coin diameter: 22.05 mm - Weight: 7.98g