Cypriot pound


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Noun1.Cypriot pound - the basic unit of money in Cyprus; equal to 100 cents
Cypriot monetary unit - monetary unit in Cyprus
mil - a Cypriot monetary unit equal to one thousandth of a pound
References in periodicals archive ?
It was preferable, it said, to a collapse of the system and a return to the Cypriot pound which would wipe out assets.
If a way cannot be found to raise the cash to stop Cyprus going bust the country could be forced to revert to the old currency - the Cypriot pound - when they re-open.
The final conversion exchange rate between the Cypriot pound and the Euro was one Euro per 0.
At the domestic level, the advantages linked to the scrapping of the Cypriot pound and the Maltese lire will be more noticeable.
The only way out is to look at how we can go back to the Cypriot pound, no matter how agonising that might be, so that we are no longer dependent on Germany's Europe," he said.
The stability of the exchange rates of the Cypriot pound and Maltese lira has not been a problem since the two countries joined the ERM II system in May 2005.
Marketing manager Michael Cartwright said: "With sterling so strong against the Cypriot pound, customers are getting up to 25 per cent more property for their money compared with last year.
At the end of a cliffhanger prior to the pre-presidential campaign, the Cypriot parliament finally adopted on 15 March the law ratifying the withdrawal of the Cypriot pound in favour of the euro on 1 January 2008 despite the opposition of the main party in the coalition government.
Two exceptions are southern Cyprus, where the Cypriot pound is best, and, of course, America, where you shouldn't even contemplate taking anything other than dollars.
Thanks to the strength of sterling against the Cypriot pound, if you want to splash on the suntan lotion without having to splash out too much dosh, then this Mediterranean island is the place to go.