Catalog
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| Issuer | Central Bank of Cyprus |
|---|---|
| Year | 1985-1988 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 7.75 g |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse features a naturalistic depiction of a Cyprus Pied Wheatear (Oenanthe cypriaca) perched on an olive branch, rendered in detailed relief. This small migratory bird, endemic as a breeding species to Cyprus, is shown in profile facing left. The numeral 20, rendered in bold outlined style, is positioned to the upper left of the design, indicating the denomination. The overall composition is uncluttered, with the bird motif dominating the central field. |
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| Reverse lettering | 20 |
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| Additional information |
Cyprus joined the European Monetary System's exchange rate mechanism in 1992, but the groundwork for currency stability was being laid during this issue's production years — a period of deliberate monetary policy tightening by the Central Bank following the economic dislocations of the 1974 Turkish invasion and subsequent partition of the island. The bordered value variant (KM#57.2) distinguishes itself from its predecessor by the addition of a border around the denomination, a modification introduced mid-series rather than at a clean design break.