Complete the sentence about Cyprus pound with the correct year: The Cypriot pound remained equal in value to sterling until ______, some twelve years after Cyprus gained independence from the United Kingdom.

Answer and explanation

Correct answer: A. 1972

The Cypriot pound, introduced by the British in 1879, was worth exactly one pound sterling for decades. That parity lasted until 1972, some twelve years after independence from the United Kingdom. Independence came in 1960, so twelve years later points to 1972, not 1964 or 1967.

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