Cypriot Pound (Noun)
Meaning
The basic unit of money in Cyprus; equal to 100 cents.
Classification
Nouns denoting quantities and units of measure.
Examples
- The cypriot pound was the official currency of Cyprus until it was replaced by the euro in 2008.
- The banknotes and coins of the cypriot pound were issued by the Central Bank of Cyprus.
- The cypriot pound was pegged to the British pound sterling at a fixed exchange rate.
- The introduction of the euro marked the end of the cypriot pound as a widely accepted currency.
- Tourists visiting Cyprus before 2008 would have used the cypriot pound to pay for goods and services.