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1 Pound Cyprus Butterfly
| Issuer | Central Bank of Cyprus |
|---|---|
| Year | 2002 |
| Type | Non-circulating coin |
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|---|---|
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| Obverse lettering | CYPRUS · ΚΥΠΡΟΣ · KIBRIS · 2002 · |
| Reverse description | A naturalistically rendered composition depicting the Cyprus Butterfly (Apharitis acamas cypriaca), a subspecies endemic to the island, perched upon a flowering branch. The butterfly is shown with wings spread, displaying detailed vein and pattern markings characteristic of the species. The face value denomination 1 pound, expressed as the numeral 1 with the pound sterling symbol, appears to the upper right of the central motif within the field. |
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| Additional information |
Issued in the final year before Cyprus locked its exchange rate to the euro in preparation for EU accession, this pound represents the tail end of an independent monetary policy the island had maintained since 1963. The butterfly series was part of a broader push by the Central Bank to issue collector-oriented circulating commemoratives during the transition period.
Cyprus formally adopted the euro on 1 January 2008, rendering all pound-denominated coinage obsolete within a defined exchange window.