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Cypriot Pound
The pound, or lira (, plural , and , , from the Latin language, Latin via the Italian language, Italian ; Currency symbol, 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 Northern Cyprus, 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 (currency), pound Pound sterling, 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 the pound sterling, and replaced Turkish cur ...
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Akrotiri And Dhekelia
Akrotiri and Dhekelia (), officially the Sovereign Base Areas of Akrotiri and Dhekelia (SBA), is a British Overseas Territories, British Overseas Territory made of two non-contiguous areas on the island of Geography of Cyprus, Cyprus. The areas, which include Overseas military bases of the United Kingdom, British military bases and installations that were formerly part of the British Cyprus, Crown colony of Cyprus, were retained by the British under the Treaty of Guarantee (1960), 1960 treaty of independence signed by the United Kingdom, Greece, Turkey, the President of Cyprus and the representative of the Turkish Cypriot community. The territory serves as a station for signals intelligence and is thereby part of the United Kingdom's surveillance-gathering work in the Mediterranean and the Middle East. Despite being under British control, Akrotiri and Dhekelia are integrated with the surrounding Cypriot communities and economies. The areas are notable for their strategic geopo ...
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Decimalisation
Decimalisation or decimalization (see American and British English spelling differences, spelling differences) is the conversion of a system of currency or of weights and measures to units related by Power of 10, powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10 (number), 10, most commonly 100 and exceptionally 1000, and sometimes at the same time, changing the name of the currency and/or the conversion rate to the new currency. Today, only two countries have ''de jure'' non-decimal currencies, these being Mauritania (where 1 Mauritanian ouguiya, ouguiya = 5 khoums) and Madagascar (where 1 Malagasy ariary, ariary = 5 iraimbilanja): however, these currencies are ''de facto'' decimal as the value of both currencies' main unit is now so low that the sub-units are too small to be of any practical use, and ...
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Crown Agents For Oversea Governments And Administrations Ltd
Crown Agents Ltd is a not-for-profit international development company with head office in London, United Kingdom, and subsidiaries in the United States and Japan. Incorporated as a private limited company Crown Agents Ltd has only one shareholder – the Crown Agents Foundation, a not-for-profit company. Crown Agents Ltd's registered office is in Southwark, London. Crown Agents was placed into insolvency on the 1 August 2024. History Early history Prior to 1997, Crown Agents was a UK public statutory corporation, overseen by the British Ministry of Overseas Development. Crown Agents originated as a body conducting financial transactions for British colonies. Agents were first appointed in 1749 to transfer and account for grants made to colonies from the British Treasury. These representatives were known unofficially as 'Crown Agents' from at least 1758, and were accountable to colonial governments, though selected on the recommendation of the British government. A single body ...
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Piastres
The piastre or piaster () is any of a number of units of currency. The term originates from the Italian for "thin metal plate". The name was applied to Spanish and Hispanic American pieces of eight, or pesos, by Venetian traders in the Levant in the 16th century. These pesos, minted continually for centuries, were readily accepted by traders in many parts of the world. After the countries of Latin America had gained independence, pesos of Mexico began flowing in through the trade routes, and became prolific in the Far East, taking the place of the Spanish pieces of eight which had been introduced by the Spanish at Manila, and by the Portuguese at Malacca. When the French colonised Indochina, they began issuing the new French Indochinese piastre (''piastre de commerce''), which was equal in value to the familiar Spanish and Mexican pesos. In the Ottoman Empire, the word ''piastre'' was a colloquial European name of Kuruş. Successive currency reforms by debasing the Ottom ...
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Treaty Of Lausanne
The Treaty of Lausanne (, ) is a peace treaty negotiated during the Lausanne Conference of 1922–1923 and signed in the Palais de Rumine in Lausanne, Switzerland, on 24 July 1923. The treaty officially resolved the conflict that had initially arisen between the Ottoman Empire and the Allied French Republic, British Empire, Kingdom of Italy, Empire of Japan, Kingdom of Greece, Kingdom of Serbia, and the Kingdom of Romania since the outset of World War I. The original text of the treaty is in English and French. It emerged as a second attempt at peace after the failed and unratified Treaty of Sèvres, which had sought to partition Ottoman territories. The earlier treaty, signed in 1920, was later rejected by the Turkish National Movement which actively opposed its terms. As a result of Greek defeat in the Greco-Turkish War, Turkish forces recaptured İzmir, and the Armistice of Mudanya was signed in October 1922. This armistice provided for the exchange of Greek-Turkish pop ...
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Turkey
Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armenia, Azerbaijan, and Iran to the east; Iraq, Syria, and the Mediterranean Sea to the south; and the Aegean Sea, Greece, and Bulgaria to the west. Turkey is home to over 85 million people; most are ethnic Turkish people, Turks, while ethnic Kurds in Turkey, Kurds are the Minorities in Turkey, largest ethnic minority. Officially Secularism in Turkey, a secular state, Turkey has Islam in Turkey, a Muslim-majority population. Ankara is Turkey's capital and second-largest city. Istanbul is its largest city and economic center. Other major cities include İzmir, Bursa, and Antalya. First inhabited by modern humans during the Late Paleolithic, present-day Turkey was home to List of ancient peoples of Anatolia, various ancient peoples. The Hattians ...
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First World War
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ...
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Central Powers
The Central Powers, also known as the Central Empires,; ; , ; were one of the two main coalitions that fought in World War I (1914–1918). It consisted of the German Empire, Austria-Hungary, the Ottoman Empire, and the Kingdom of Bulgaria; this was also known as the Quadruple Alliance., , , The Central Powers' origin was the Dual Alliance (1879), alliance of Germany and Austria-Hungary in 1879. Despite having nominally joined the Triple Alliance (1882), Triple Alliance before, Kingdom of Italy, Italy did not take part in World War I on the side of the Central Powers and later joined on the side of the Allies of World War I, Allies. The Ottoman Empire and Bulgaria did not join until after World War I had begun. The Central Powers faced, and were defeated by, the Allied Powers, which themselves had formed around the Triple Entente. They dissolved in 1918 after they lost the war. Name The name 'Central Powers' is derived from the location of its member countries. All f ...
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British Cyprus
British Cyprus (Modern Greek, Greek: Βρετανική Κύπρος; Turkish language, Turkish: ''Britanya Kıbrısı'') was the island of Cyprus under the dominion of the British Empire, administered sequentially from 1878 to 1914 as a British protectorate, from 1914 to 1925 as a unilaterally annexed military occupation, and from 1925 to 1960 as a Crown colony. Following the London and Zürich Agreements of 19 February 1959, Cyprus became an Cyprus, independent republic on 16 August 1960. History Formation Ottoman Cyprus, Cyprus was a territory of the Ottoman Empire, lastly as part of the Vilayet of the Archipelago, since it was Ottoman–Venetian War (1570–1573), conquered from the Venetian Cyprus, Republic of Venice in 1570–71. A British protectorate under nominal Ottoman suzerainty was established over Cyprus by the Cyprus Convention of 4 June 1878, following the Russo-Turkish War (1877–1878), Russo-Turkish War, in exchange for British support of the Ottomans ...
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Thomson Hankey
Thomson Hankey (15 June 1805''London, England, Church of England Baptisms, Marriages and Burials, 1538–1812'' – 13 January 1893) was a British merchant, a banker and a Liberal Party politician. Hankey was the eldest son of Thomson Hankey senior from Portland Place in London, and his wife Martha, the daughter of Benjamin Harrison from Clapham Common. He became a merchant in his father's business in the City of London and a director of the Bank of England, serving first as its Deputy Governor and then as its Governor from 1851 to 1853. He married Apolline Agatha Alexander on 4 February 1831; she was the daughter of William Alexander and half-sister of Sir William Alexander. He received compensation under the Slave Compensation Act 1837 for freed enslaved people for the Grenville Vale estate in Grenada. In June 2020 the Bank of England issued a public apology for the involvement of Hankey, amongst other employees, in the slave trade following the investigation by the Centre for ...
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Shillings
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s and 1970s. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, and the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Anglo-Saxon phrase "Scilling", a monetary term meaning literally "twentieth of a pound", from the Proto-Germanic root skiljaną meaning literally "to separate, split, divide", from (s)kelH- meaning "to cut, split." The word "Scilling" is mentioned in the earliest recorded Germanic law codes, the Law of Æthelberht (). In origin, the word '' schilling'' designated the ''so ...
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