Catalog
1 Pound Orange
| Issuer | Central Bank of Cyprus |
|---|---|
| Year | 1997-2004 |
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| In circulation to | 2008 |
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| Obverse description | Orange and brown intaglio print on a light orange guilloche underprint. A vignette of a woman in traditional Cypriot folk dress occupies the left portion of the note, with the serial number printed in black at lower left and vertically within the watermark pane at right. A foil rectangle of approximately 16 x 8 mm in the upper right corner bears the denomination numeral and an outline map of Cyprus. |
|---|---|
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| Protection description | Inset watermark: bust of Aphrodite; foil rectangle in upper right corner of obverse showing denomination and outline map of Cyprus. |
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| Comments |
Cyprus joined the eurozone on 1 January 2008, which gave this series — issued from 1997 — a hard expiry date rather than a natural retirement. The Pound was pegged to the euro at a fixed rate of 0.585274 CYP per euro from January 2008, and all Cypriot pound banknotes lost legal tender status on 31 January 2008, giving the public just one month to spend or exchange them.
Oberthur Fiduciaire had held the Central Bank of Cyprus printing contract for several series by this point, and their Chantepie facility was responsible for the complete P#60 run. The security foil strip on this issue was a relatively early adoption for Cypriot currency at this denomination level.