Cyprus
Cyprus together with Malta joined the eurozone on 1 January 2008. On 3 December 2007, the Central Bank of Cyprus issued mini-starter packs and business kits, so the Cypriots would have enough euro cash before €-Day.
Forty thousand starter kits, worth €172 each, were available for businesses, but only 22.000 were sold. Since these starter kits contained rolled coins, the remaining kits could easily be used by the banks after €-day. Another 250,000 mini-kits, worth €17.09 (CYP 10) each, were available for the general public. Some 189,000 mini-kits were sold. According to the Eurobarometer survey, more than 70% of the citizens who had bought a mini-kit opened it and used the coins after the changeover while some 20% kept it untouched. As from the changeover, the unsold mini-kits have been exported to satisfy the demand of coin collectors abroad. Cypriot euro coins worth €3.5 million were exported in the first three weeks of January.
Starter Kit | €2.00 | €1.00 | €0.50 | €0.20 | €0.10 | €0.05 | €0.02 | € 0.01 | Face Value | Issue Date | Quantity |
---|---|---|---|---|---|---|---|---|---|---|---|
Business Starter Kit | 1 Roll (25 coins) | 2 Rolls (50 coins) | 2 Rolls (80 coins) | 2 Rolls (80 coins) | 2 Rolls (80 coins) | 2 Rolls (100 coins) | 2 Rolls (100 coins) | 2 Rolls (100 coins) | €172,00 | 03.12.2007 | 40,000 |
Public mini-Starter Kit | 3 coins | 5 coins | 7 coins | 8 coins | 5 coins | 6 coins | 6 coins | 7 coins | €17,09 | 03.12.2007 | 250,000 |
Read more about this topic: Euro Starter Kits