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1(No Transcript)
2From the pound to the euro
- Exhibition A restrospective of the currency of
the Republic of Cyprus
- Euro The features of euro banknotes coins
3 ? 1960 - Establishment of the Cyprus
Republic ? Currency unit - Cyprus pound ?
Decimal system - Mils
4 1961 - First currency notes Nominal value -
250 and 500 mils 1 and 5
51963 - First coins Nominal value - 1 mil, 5,
25, 50 and 100 mils
6June 1963 - Establishment of the
Central Bank of Cyprus Exclusive right to
issuethe currencyCBC issues ? Banknotes ?
Coins for circulation ? Collector /
Commemorative coins
7December 1964 - First banknotes by the Central
Bank of Cyprus
8Depictions Topics chosen to project the
islands ? civilization ? history
? nature ? character
9Depictions ? Kyrenia boat ? Goddess Aphrodite
(Venus) ? Girl in national costume ? Elements
of flora and fauna ? Villages and landscapes ?
Emblem of the Republic ? Map of Cyprus
10 1977 - First 10 note 1979 - Change of the 1
and 5 designs 1982 - Change of the 500 mils
design 1992 - First 20 note
11 October 1983 New decimal system CENT
Coins with nominal values
of ½, 1, 2, 5, 10 and 20 cent
121983 - 50 cent note 1991 - 50 cent coin
131997 - New issue of banknotes with nominal
values of 1, 5, 10 20 State of the art
security features
14- Security features
- Watermark
- Incorporated security thread
- Intaglio printing
- Intaglio horizontal lines to assist blind or
partially sighted people - Holograms
- etc
15COINS Obverse side ? Emblem of the Republic ?
CYPRUS ?????S KIBRIS ? Year of issue
16COINS Obverse side ? Nominal value ?
Depictions. Topics chosen to - project the
civilization history - represent the
wildlife - reflect the character of Cyprus
17Collective / Commemorative coins ? Collector
purposes ? Limited number ? Gold, silver,
cupronickel and bronze ? Advisory Committee for
the Design of Banknotes and Coins -
Choice of topic - Competition
18Topics / Important events and other ? Cypruss
accession to European Union ? Establishment of
University of Cyprus ? Third Millennium ? Olympic
Games ? Wildlife ? etc
19Introduction of the euro in Cyprus Target date
01.01.2008
20EURO BANKNOTES (Obverse side)
Seven nominal values
21EURO BANKNOTES (Reverse side)
22EURO 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
23EURO 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
24Security features
Feel Raised print Look Watermark Security
thread See-through number
25Security features
- Tilt
- The 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)
25
26Eight nominal values
- Euro Coins Common/European side
Maps of Europe Symbolise the unity of the EU
27 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 )
28- Conditions
- 12 stars of Europe
- Year of issue
- Country of issue
29- 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)
30CYPRUS EURO COINS National sides
- Selection of themes
- Recommended by the Special Advisory Committee
for the Design of Banknotes and Coins - Selected by the Central Bank of Cyprus
- Approved by the Council of Ministers
- Competition
- Selected designs Tatiana Soteropoulos and Erik
Maell.
31CYPRUS EURO COINS national side
Idol of Pomos Chalcolithic period (3000 B.C.) ?
Antiquity ? Civilization
31
32CYPRUS EURO COINS national side
Common side
- Kyrenia boat - 4th century B.C.
- History
- Importance in trade
- Character as an island
33CYPRUS EURO COINS National side
- The Cyprus moufflon
- Cypruss wildlife
34- 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
35Thank you for your attention
Please remain seated