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178
CURRENCY.
Averace rate of ••xchaii'je on
Lundon for -*ach month of
pssl year
List of Coins Current with
relative value
Legal tende'i* currency (paper and metallic)
giving particulars :in<i Legislative
Authoritj
K.itimated
Amount of Coia
in Circulation
at end of year
Per
Jauuary
February
March
April
May...
June
July...
August
September
October
November
December
cent.
Par
do.
i
H
*
J
i
i
_\
a
GOLD.
|
Sovereign -----180
piastres = £1
SILVER.
Eighteen piastres=2,'-
Nine piastres =•/-
Four & a half piastres
=6d.
Three piastres =4d.
BRONZE.
Piastre = 40 parag
= 4d.
J* do. = 20 i araa
=§d.
-\ do. = 10 paraa
GOLD.
vsovereign
SILVER.
Vaiue in
Cvprus
piastres.
... 130
Limit
of
tender.
None
\
Eighteen piastres
18
Niue piastres
9
Four & a half piastres.. -ii
Three piastres
3
£3 =
540 piastres
BRONZE.
Piastre
40 paras
20 „
10 „
\
i do.
i do.
C :is.= 27 piastres
Authorised by Her late Majesty's Proclamation
of 17th September, 1900, published in the
Cyprus Gazette No. 689 of the 6th February,
1901.
In force from 30th April, 1901, by Proclamation
of His Excellency dated 3rd January, 1901.
Currency Notes:
£10 value (Design of 1917) (l,800cp.) )
£1 .,
(180 „ ) } None
10/- .,
(90,,))
_*
Authorised by Proclamation, under Martial
Law, of the High Commi.«sioner dated 5th
September, 1917, continued in force by Order
in Council, No. 919, dated 31st January,
1923, and Order in Council No. 1021, dated
9th August, 1924, issued under the Provis–
ional Powers Laws, 1919 to 1924.
English Gold •
£50,000' j
Other Gold I
£10,000 • (
Cyprus Silver
£146,000
Bronze
£10,675
* NOTE :*—
The above es–
timate in re–
spect to gold
-is- merely no–
minal. There
are no means
of ascertain–
ing the infor–
mation. Govt.
holds some
£18,000 in
sovereigns.
Estimated Amount of Paper Money in Circulation at end of year
Colonial Government
£553,983
Private Banks
Nil.
Currency in which Accounts are kept
B y Government
Poands, Shillings and
Cyprus Piastres
By the Public
Usually in Piastres