Cyprus joined the European Union on May 1, 2004 and the European Monetary Union on January 1, 2008. The euro replaced the Cyprus pound (CYP) with an exchange rate of 1 euro = 0.585274 CYP.
The pictures on the national sides of the euro coins in Cyprus have been defined with a competition held in 2005. The Central Bank of Cyprus also instructed the designers Erik Maell (US) and Tatiana Soteropoulosdalla (Greek) to realize the final drawings of euro coins of Cyprus, while the minting of coins, as happened in the case of Greece, took place in the Finnish Mint Vantaa, as shown by the letter F appears in the coins. Although the competition required to include in the design of the coins the name of Cyprus in Greek (ΚΥΠΡΟΣ), Turkish (KIBRIS) and English (CYPRUS), English is not present in the final coins.
The images used for the national sides are:
links: Central Bank of Cyprus