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The Central Bank of Cyprus is the central bank of the Republic of Cyprus, located in Nicosia. It was established in 1963. The bank issued Cypriot pound banknotes and coins prior to 2008, when Cyprus adopted the euro.
The Central Bank of Cyprus has its origins in the British Colonial Government of Cyprus, which established a Cyprus Currency Board in 1927. This followed on from the unilateral annexation of Cyprus by the British Empire in 1914, the Treaty of Lausanne, establishing the legality in international law of this British takeover, in 1923, and the full establishment of a colonial system of government in Cyprus, with the creation of a Legislative Council, in 1926.
Obverse
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Depicts a microchip symbolizing the stability of the economy in the modern industrial and digital era secured by the Central Bank of Cyprus and surrounded by the inscription "60th Anniversary of the Establishment of the Central Bank of Cyprus", the country name in Greek and Turkish and dates below. The twelve stars of the European flag are shown on the outer ring. 60 ΧΡΟΝΙΑ ΑΠΟ ΤΗΝ ΙΔΡΥΣΗ ΤΗΣ ΚΕΝΤΡΙΚΗΣ ΤΡΑΠΕΖΑΣ ΤΗΣ ΚΎΠΡΟΣ |
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Reverse
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A geographical map of Western Europe spans the outer ring and inner core on the right side of the coin. The inscription 2 EURO is superimposed over the map of Europe, with the numeral “2” located in an open field representing the eastern Atlantic Ocean. 2 EURO |
Edge |
The sequence "2 ΕΥΡΩ 2 EURO" repeated twice (2 EURO in Greek and Turkish) 2 ΕΥΡΩ 2 EURO 2 ΕΥΡΩ 2 EURO |
Characteristics
Type | Commemorative Issue (Circulating) |
Material | Nickel Brass |
Weight | 8.5 g |
Diameter | 25.75 mm |
Thickness | 2.2 mm |
Shape | round |
Alignment | Medal |
Mint |
Bank of Greece
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Related coins
10th Anniversary of the European Monetary Union and the Introduction of the Euro
10th Anniversary of Euro Coins and Banknotes