Cypriot Pound
The pound, or lira ( el, λίρα, plural , and tr, lira, ota, لیره, from the Latin via the Italian ; sign: £, sometimes £C for distinction), was the currency of Cyprus, including the Sovereign Base Areas in Akrotiri and Dhekelia, from 1879 to 2007, when the Republic of Cyprus adopted the euro. However, the self-proclaimed Turkish Republic of Northern Cyprus uses the Turkish lira as its official currency. The Cypriot pound was introduced in 1879 and was equal in value to one pound sterling. It remained at that value until 1972, some twelve years after Cyprus gained independence from the United Kingdom. The Cypriot pound was replaced by the euro as official currency of the Republic of Cyprus on 1 January 2008 at the irrevocable fixed exchange rate of £C 0.585274 = €1.00. History The British introduced the Cypriot pound in 1879. It had the same value as sterling's pound, and replaced Turkish currency at a rate of £1 stg to 180 piastres. It was initial ...
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Akrotiri And Dhekelia
Akrotiri and Dhekelia, officially the Sovereign Base Areas of Akrotiri and Dhekelia (SBA),, ''Periochés Kyríarchon Váseon Akrotiríou ke Dekélias''; tr, Ağrotur ve Dikelya İngiliz Egemen Üs Bölgeleri is a British Overseas Territory on the island of Cyprus. The areas, which include British military bases and installations, as well as other land, were retained by the British under the 1960 treaty of independence, signed by the United Kingdom, Greece, Turkey and representatives from the Greek and Turkish Cypriot communities, which granted independence to the (then) Crown colony of Cyprus. The territory serves an important role as a station for signals intelligence and