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Cypriot pound: research record

Evidence coverage: 1879–2008. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Cypriot pound

T-FTM000800 · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Dated observations: 1879–2008; this does not establish the entire lifetime.

Parents / predecessors

Pound sterlingaccount unit branching · 1879–1949
↗

Children / successors

Euro — converging national replacementsabsorbed into existing currency · 2008-01-01 · later absorption or contribution
↗

Siblings

Bahamian dollarShared predecessor: Pound sterling
Bermudian dollarShared predecessor: Pound sterling
Tongan poundShared predecessor: Pound sterling
Australian poundShared predecessor: Pound sterling
Fiji poundShared predecessor: Pound sterling
Jamaican poundShared predecessor: Pound sterling

Latest research

Historical account research

Covered shilling references inCyprus laws/documents meantCyprusshilling/9piastres;contracts defaulted locallegalcurrency.

Sources and qualifications →
Modern account-unit review

Cyprus currency inherited sterling reckoning; by1949 domestic contracts and statutory shilling references were explicitly construed in local legalcurrency and Cyprusshillings. Actual local obligation-denomination clauses resolve ancestry beyond metrology. Range denotes emergence before firm1949anchor, not exact1879creation.

Sources and qualifications →

Account-unit observations

Dated evidence, not exact birth or extinction dates.

1949supported

Covered shilling references inCyprus laws/documents meantCyprusshilling/9piastres;contracts defaulted locallegalcurrency.

C1484
Monetary history 5 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

2008-01-01Euro monetary substitution

1 EUR = 0.585274 CYP. Cyprus: euro adoption 2008-01-01; cash 2008-01-01. Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined.

C688, C689, C646
2008-01-01Euro cash changeover

Cyprus: euro adoption 2008-01-01; cash 2008-01-01.

C689
1879Territorial unit derivation

Corrected interpretation: Revision 27 supplies a new evidence basis for R0314. Actual local obligation-denomination clauses resolve ancestry beyond metrology. Range denotes emergence before firm1949anchor, not exact1879creation. Current evidence: Cyprus currency inherited sterling reckoning; by1949 domestic contracts and statutory shilling references were explicitly construed in local legalcurrency and Cyprusshillings.

C873
1955Decimalization

The Cyprus pound was divided into 1,000 mils.

C874
1983Subdivision change

Cyprus replaced mils with 100 cents to the same pound. Subdivision change, not a hundredfold rescaling of pounds.

C875
Evidence & research notes 7 claims

Dated observations, not a proven complete lifespan.

Supported C688

1 EUR = 0.585274 CYP.

Council of the European Union · Council Regulation (EC) 2866/98 — consolidation at 1 January 2026 Citation S348 · Open source ↗

art.1, Cyprus currency row; exact decimal retained

Source access and limitations

Article 2’s original 1999 commencement does not backdate later-added currencies.

Country-specific dates come from the separate 974/98 annex.

Supported C689

Cyprus: euro adoption 2008-01-01; cash 2008-01-01.

Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 Citation S347 · Open source ↗

Annex, Cyprus row; arts.2–3 provide substitution

Source access and limitations

Consolidation, not an as-made 1998 text.

National short cash-withdrawal periods and every accession amendment were not individually audited.

Qualified C873

Cyprus introduced a local coinage system of 180 piastres per English gold pound. Sterling-derived local unit; gradual replacement of non-British coins. Exact autonomous-currency separation and Ottoman exchange terms remain open.

Corrected interpretation: Revision 27 supplies a new evidence basis for R0314. Actual local obligation-denomination clauses resolve ancestry beyond metrology. Range denotes emergence before firm1949anchor, not exact1879creation. Replacement evidence: C1644.

Eleni Zapiti / International Numismatic Commission · Modern Coins of Cyprus (1878–2008), Survey of Numismatic Research 2008–2013 Citation S434 · Open source ↗

Printed p. 476, PDF p. 492: 1879 system; 1955 decimalization; 1983 cents

Source access and limitations

Scholarly survey by collection author, not separately examined royal decrees.

Gradual unit derivation inferred; exact national-currency separation remains open.

Supported C874

The Cyprus pound was divided into 1,000 mils.

Eleni Zapiti / International Numismatic Commission · Modern Coins of Cyprus (1878–2008), Survey of Numismatic Research 2008–2013 Citation S434 · Open source ↗

Printed p. 476, PDF p. 492: 1879 system; 1955 decimalization; 1983 cents

Source access and limitations

Scholarly survey by collection author, not separately examined royal decrees.

Gradual unit derivation inferred; exact national-currency separation remains open.

Supported C875

Cyprus replaced mils with 100 cents to the same pound. Subdivision change, not a hundredfold rescaling of pounds.

Eleni Zapiti / International Numismatic Commission · Modern Coins of Cyprus (1878–2008), Survey of Numismatic Research 2008–2013 Citation S434 · Open source ↗

Printed p. 476, PDF p. 492: 1879 system; 1955 decimalization; 1983 cents

Source access and limitations

Scholarly survey by collection author, not separately examined royal decrees.

Gradual unit derivation inferred; exact national-currency separation remains open.

Supported C1484

Covered shilling references inCyprus laws/documents meantCyprusshilling/9piastres;contracts defaulted locallegalcurrency.

Government of Cyprus · Currency Law 1949, No13 Citation S785 · Open source ↗

§§5,8

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Supported C1644

Cyprus currency inherited sterling reckoning; by1949 domestic contracts and statutory shilling references were explicitly construed in local legalcurrency and Cyprusshillings.

Government of Cyprus · Currency Law 1949, No13 Citation S785 · Open source ↗

CurrencyLaw1949§§5,8–9,12–13,pp95–97

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Eleni Zapiti / International Numismatic Commission · Modern Coins of Cyprus (1878–2008), Survey of Numismatic Research 2008–2013 Citation S434 · Open source ↗

CurrencyLaw1949§§5,8–9,12–13,pp95–97

Source access and limitations

Scholarly survey by collection author, not separately examined royal decrees.

Gradual unit derivation inferred; exact national-currency separation remains open.

Supported C646

Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined.

Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 Citation S347 · Open source ↗

arts.1, 1a, 2–3

Source access and limitations

Consolidation, not an as-made 1998 text.

National short cash-withdrawal periods and every accession amendment were not individually audited.

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