When did Cyprus adopt the euro as its currency?
Answer and explanation
Correct answer: B. On 1 January 2008, when it replaced the Cyprus pound
- Step 1: Cyprus joined the euro area some years after joining the Union. Step 2. It adopted the euro on 1 January 2008, at the same time as Malta, replacing the Cyprus pound. Answer: On 1 January 2008. Why not the others: 2002 was the first year of euro notes in the original members, and Cyprus never used the drachma or the lira as its national currency.
Practise more British Rule, Independence and Modern Cyprus.
Free questions with an explanation for every one, and full timed Pancyprian Examinations (Cyprus) mock tests.
More British Rule, Independence and Modern Cyprus questions
- Under which arrangement did Britain take over the administration of Cyprus in 1878?
- What changed for Cyprus in 1914?
- What happened in Nicosia in October 1931?
- What does the term 'enosis' mean in the history of Cyprus?
- When did the EOKA armed campaign against British rule begin, and who led it?
- Which agreements of 1959 led to the creation of the independent Republic of Cyprus?