2008 Cyprus Euro Starter Kit

Features

Issuer	Cyprus
Year	2008
Issued quantity	250 000
Number	N# S6293

Description

Cyprus joined the eurozone on 1 January 2008. On 3 December 2007, the Central Bank of Cyprus issued mini-starter packs and business kits, so that Cypriots would have enough euro cash before €-Day.

250,000 mini-kits, worth €17.09 (10 CYP) each, were available for the general public. Some 189,000 mini-kits were sold. According to the Eurobarometer survey, more than 70% of those citizens who had bought a mini-kit opened it and used the coins after the changeover, while some 20% kept it untouched.

After the changeover, the unsold mini-kits were 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 2008.