DATE | EVENT |
 |
29 December 2004 | Adoption of the Strategic Action Plan for the introduction of the euro |
|
2 May 2005 | Participation in the Exchange Rate Mechanism II |
|
2 November2005 | 1 January 2008 set as target date for the adoption of the euro |
|
31 May 2006 | Official launching of the Communication Campaign for the adoption of the euro |
|
June 2006 | National Changeover Plan made public |
|
10 July 2007 | Abrogation of the derogation for the introduction of the euro on 1 January 2008 / Irrevocable fixing of the Cyprus pound exchange rate vis-a-vis the euro |
|
1 September 2007 -
30 September 2008 | Period of compulsory dual display of prices in euro and Cyprus pounds |
|
1 January 2008 | Adoption of the euro as legal tender money in Cyprus /
Commencement of the parallel circulation period of the Cyprus pound and the euro |
|
31 January 2008 | End of the parallel circulation period of the Cyprus pound and the euro |
|
30 June 2008 | End of the period for exchange of the Cyprus pound into euro by banks and co-operative societies |
|
31 December 2009 | End of the period for the exchange of Cyprus pound coins into euro by the Central Bank of Cyprus |
|
31 December 2017 | End of the period for the exchange of Cyprus pound notes into euro by the Central Bank of Cyprus |