Cypriot euro coins feature three separate designs for the three series of coins. Cyprus has been a member of the European Union since 1 May 2004, and is a member of the Economic and Monetary Union of the European Union. It has completed the third stage of the EMU and adopted the euro as its official currency on 1 January 2008. [1]
For images of the common side and a detailed description of the coins, see euro coins.
1¢ | 2¢ | 5¢ |
---|---|---|
The mouflon | ||
10¢ | 20¢ | 50¢ |
The Kyrenia ship | ||
€1 | €2 | € 2 Coin Edge |
2 ΕΥΡΩ 2 EURO | ||
The Idol of Pomos |
The following table shows the mintage quantity for all Cypriot euro coins, per denomination, per year. [2]
Face Value | €0,01 | €0,02 | €0,05 | €0,10 | €0,20 | €0,50 | €1,00 | €2,00 |
---|---|---|---|---|---|---|---|---|
2008 | 40 000 000 | 100 000 000 | 60 000 000 | 70 000 000 | 65 000 000 | 30 000 000 | 28 000 000 | 25 000 000 |
2009 | 20 000 000 | 1 000 000 | 6 000 000 | 1 000 000 | 1 000 000 | 1 000 000 | 4 000 000 | 5 000 000 |
2010 | 200 000 | 200 000 | 200 000 | 200 000 | 200 000 | 200 000 | 200 000 | 200 000 |
2011 | 15 210 000 | 210 000 | 30 210 000 | 210 000 | 210 000 | 210 000 | 210 000 | 210 000 |
2012 | 210 000 | 210 000 | 1 000 000 | 1 000 000 | 1 000 000 | 1 000 000 | 1 000 000 | 1 000 000 |
2013 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 |
2014 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 |
2015 | 7 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 |
2016 | 8 007 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 |
2017 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 |
2018 | 18 100 000 | 100 000 | 14 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 7 100 000 |
2019 | 11 100 000 | 9 100 000 | 8 100 000 | 5 600 000 | 6 100 000 | 1 400 000 | 100 000 | 1 400 000 |
2020 | 8 005 000 | 8 405 000 | 7 505 000 | 1 705 000 | 4 305 000 | 1 505 000 | 105 000 | 3 305 000 |
2021 | 9 155 000 | 12 605 000 | 7 955 000 | 4 445 000 | 4 805 000 | 1 925 000 | 1 580 000 | 3 005 000 |
2022 | 9 905 000 | 9 755 000 | 8 855 000 | 4 805 000 | 5 165 000 | 1 925 000 | 1 730 000 | 3 755 000 |
National Identifier | "ΚΥΠΡΟΣ (Kypros) and KIBRIS" |
Mint Mark | None |
Engravers Initials | None |
€2 Edge inscription | |
The official public contest for the design of the Cypriot euro coins, which ended on 14 October 2005, defined what the required motifs of the respective coins should encompass: [4]
American artist Erik Maell and Greek artist Tatiana Soteropoulos were chosen by the Central Bank of Cyprus to create and illustrate the designs to be used for the final coins. The artists were instructed to include the name of Cyprus in Greek and Turkish, that is, ΚΥΠΡΟΣ (Kypros) and KIBRIS in the design for the coins.
On 11 October 2006, the final designs of the Cypriot euro coins were presented at the exhibition "Από τη Λίρα στο Ευρώ" ("From the Pound to the Euro") of the Central Bank of Cyprus about the history of currency in Cyprus. [5] They do not appear to include "Cyprus" in English, as demanded by the revised competition rules, but instead only in the state's two official languages, Greek and Turkish.
On 13 February 2007, the Republic of Cyprus formally applied to join the eurozone on 1 January 2008. The final decision was expected to be taken in Brussels on 21–22 June at an EU Summit to be ratified by all EU heads of state. [6]
On 9 March 2007, the campaign to inform the citizens of Cyprus about the euro officially began in Cypriot media.
On 15 March 2007, the House of Representatives passed the necessary laws for the introduction of the euro on 1 January 2008.
On 16 May 2007, the Commissioner for Economic & Financial Affairs of the EU, Joaquín Almunia, recommended that Cyprus adopt the euro as scheduled.
On 20 June 2007, the European Parliament voted affirmatively on this issue and on 21 June 2007, the date was confirmed by the EU leaders.
On 10 July 2007, the EU Finance Ministers set the permanent exchange rate to CYP 0.585274 to 1 euro.
On 23 October 2007, the designs were officially published in the Official Journal of the European Union. [7]
On 1 January 2008, the euro replaced the Cypriot pound as the official currency.
Although Cyprus joined the Eurozone in 2008, they already had one high value commemorative coin, minted in silver. This coin was minted as a legacy of an old national practice of minting gold and silver coins. This coin is not really intended to be used as means of payment, so generally they do not circulate.
The euro is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents.
There are eight euro coin denominations, ranging from one cent to two euros. The coins first came into use in 2002. They have a common reverse, portraying a map of Europe, but each country in the eurozone has its own design on the obverse, which means that each coin has a variety of different designs in circulation at once. Four European microstates that are not members of the European Union use the euro as their currency and also have the right to mint coins with their own designs on the obverse side.
Belgian euro coins feature only a single design for all eight coins: the portrait or effigy of the King of the Belgians. Previously, all Belgian euros depicted King Albert II and his royal monogram. Current coins depict King Philippe. Also part of the design by Jan Alfons Keustermans are the 12 stars of the EU and the year of imprint.
Greek euro coins feature a unique design for each of the eight coins. They were all designed by Georgios Stamatopoulos with the minor coins depicting Greek ships, the middle ones portraying famous Greeks and the two large denominations showing images of Greek history and mythology. All designs feature the 12 stars of the EU, the year of imprint and a tiny symbol of the Bank of Greece. Uniquely, the value of the coins is expressed on the national side in the Greek alphabet, as well as being on the common side in the Roman alphabet. The euro cent is known as the lepto in Greek, a name which has also been used for the 1⁄100 denominations of the preceding currencies of the Greek state, the phoenix and drachma.
Finnish euro coins feature three designs. Heikki Häiväoja provided the design for the 1 cent – 50 cent coins, Pertti Mäkinen provided the design for the 1 euro coin, and Raimo Heino provided the design for the 2 euro coin, which shows cloudberry, the golden berry of northern Finland. All designs feature the 12 stars of the EU and the year of imprint.
Austrian euro coins have a unique design for each denomination, with a common theme for each of the three series of coins. The minor coins feature Austrian flowers, the middle coins examples of architecture from Austria's capital, Vienna, and the two major coins famous Austrians. All designs are by the hand of Josef Kaiser and also include the 12 stars of the EU, Flag of Austria and the year of imprint.
The Slovak euro coins are the European monetary union euro coins issued by Slovakia since 2009. They feature three separate designs for the three series of coins.
Estonian euro coins feature a single design for all eight coins. This is a design by Lembit Lõhmus and features a silhouette map of Estonia together with the word Eesti (Estonia) and twelve stars, symbolic of the European Union, surrounding the map. This was the winning design in a public vote of ten announced in December 2004.
Slovenian euro coins were first issued for circulation on 1 January 2007 and a unique feature is designed for each coin. The design of approximately 230 million Slovenian euro coins was unveiled on 7 October 2005. The designers were Miljenko Licul, Maja Licul and Janez Boljka. The Mint of Finland was chosen to mint the coins through an international tender in 2007.
The 1 euro cent coin (€0.01) has a value of one hundredth of a euro and is composed of copper-covered steel. It is the lowest-value coin in the Eurozone; the next highest are the 2 and 5 euro cent coins. All euro coins have a common reverse and a country-specific (national) obverse. The coin has been used since 2002 and was not redesigned in 2007 as was the case with the higher-value coins.
The 2 euro cent coin (€0.02) has a value of one-fiftieth of a euro and is composed of copper-plated steel. All euro coins have a common reverse and country-specific (national) obverse. The coin has been used since 2002 and was not redesigned in 2007 as were the higher-value coins.
The 5 euro cent coin (€0.05) has a value of one twentieth of a euro and is composed of copper-covered steel. All euro coins have a common reverse and country-specific (national) obverse. The coin has been used since 2002 and was not re-designed in 2007 as was the case with the higher-value coins.
The 10 euro cent coin (€0.10) has a value of one tenth of a euro and is composed of an alloy called Nordic gold. All euro coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007.
The 20 euro cent coin (€0.20) has a value of one-fifth of a euro and is composed of an alloy called Nordic Gold in the Spanish flower shape. All euro coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007.
The 50 euro cent coin (€0.50) has a value of half a euro and is composed of an alloy called nordic gold. All euro coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common-side design dating from 2007.
The 1 euro coin (€1) is a euro coin with a value of one euro. It is made of two alloys: the inner part of cupronickel, the outer part of nickel brass. All coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007.
The 2 euro coin (€2) is the highest-value euro coin and has been used since the introduction of the euro in 2002. The coin is used in 22 countries with a collective population of about 341 million. The coin is made of two alloys: the inner part of nickel brass, the outer part of copper-nickel. All coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007.
The euro came into existence on 1 January 1999, although it had been a goal of the European Union (EU) and its predecessors since the 1960s. After tough negotiations, the Maastricht Treaty entered into force in 1993 with the goal of creating an economic and monetary union (EMU) by 1999 for all EU states except the UK and Denmark.
Before the introduction of the euro, the current eurozone members issued their own individual national coinage, most of which featured mint marks, privy marks and/or mint master marks. These marks have been continued as a part of the national designs of the euro coins, as well. This article serves to list the information about the various types of identifying marks on euro coins, including engraver and designer initials and the unique edge inscriptions found on the €2 coins.
Andorra has a monetary agreement with the EU allowing it to make the euro its official currency, and permitting it to issue euro coins from 1 July 2013. They planned to issue their first coins by March or April 2014. On 23 December 2014, coins were delivered for pre-booked customers at the Government Administration Building, and actual circulation began on 15 January 2015.