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190
CURRENCY.
Average rate of exchange on
London (or each month of
past /ear
List of Coins Current with
relative value
Legal tender currenc',' (paper and metallic)
giring particulars and Legislative
Authority
Estimated
Amount of Coin
ia Circulation
at end of year
Per cent.
January
February ...
March
April
May... • ...
June
Jnly
August
September ...
October
November ...
December ...
J
GOLD.
Sovereign -=180
piastres =• £1
SILVER.
Forty-five piastres —"./-
Eighteen piastres=2/-
Nine piastres =-•/-
Four Jc a half piastres
=6d.
Three piastres =4d.
BRONZE.
Piastre = 40 paras
-ljd.
i do. = 20 paras
= §d.
-^ do. = 10 paras
-Jd.
GOLD.
Sovereign
Value in
Cyprus
piastres.
180
Limit
of
tender.
None
SILVER.
Forty-five piastres 45
Eighteen piastres
13
Nine piastres
9
Four & a half piastres.. 4\
Three piastres
3
BRONZE.
Piastre
40 paras
i do
20 „
± do
10 ,.
£8 =
540 piastres
27 piastres
Authorised by Her late Majesty's Proclamation
of 17th September, 1900, published in the
Cypnu Gazetu No. 689 of the 6th' February,
1901.
In force from 30th April, 1901, by Proclamation
of His Excellency dated 3rd .January, 1901;
and as regards 45-p.astre pieces, from 28th
April, 1928, hy Proclamation of His Excel–
lency dated 28th April, 192b.
CURRENCY NOTES:
£1 ralue (Design of 1917) (180cp.) )
10/- „
(90 „ ) f None
£o „
(900,,))
Authorised by Proclamation, under Martial
Law, of the High Commireioner dated 5th
September, 1917, continued in force by Order
in Council No. 919, dated 31st January.
1923, Order in Council No. 1021, dated
9th August, 1924, Order in Council No. 1132,
dated 30th August, 1926, Order in Council
No. 1161 dated 28th December, 1926, Order in
Council No. 1249 dated 3rd September, 1928,
and by Order in Council No. 1250 dated 3rd
September, 1928, issued uuder the Provisional
Po'wers Laws, 1919 to 192S.
English Gold
£50,000 •
Other Gold
£10,000*
Cyprns Silver
£157,500
Bronze
£12,155
• N o r a : —
The above es–
timate in re–
spect to gold
is merely no–
minal. Then
are no means
of ascertain–
ing the infor–
mation.
I
Estimated Amount of Paper Money ia Circulation at end of year
Colonial Government
Private Banks
-4.396,999
Nil.
Currency in which Accounts are kept
By Government
Pounds, Shillings and
Cyprus Piastres
By the Public
Usually in Piastres