Cypriot pound
Noun
Meaning
the basic unit of money in Cyprus; equal to 100 cents
Source: WordNetSynonyms
Hypernyms
Examples
On 1 January 2008, the country adopted the euro as its official currency, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per EUR 1.00.
Overvaluation of the Cypriot pound prior to the adoption of the euro in 2008 had kept inflation in check.