End of exchange period of Cyprus pound banknotes

Wednesday, 31 May 2017

The Central Bank of Cyprus (CBC) reminds the public that in accordance with the Adoption of the Euro Law (Law 33(I)/2007), as amended, the period for the exchange of Cyprus pound banknotes will expire on 31 December 2017.

The banknotes that can be exchanged are indicated in the table below:

Nominal amount

Years of Issue









500 mils


50 cent













It is noted that the above banknotes can only be exchanged at the CBC. Banknotes presented in person at the CBC counters will be exchanged in cash, free of charge, after being duly checked.

Alternatively banknotes may be sent to the CBC, at the owner’s risk, by post to the following address:

Currency Management Department

Central Bank of Cyprus

80 Kennedy Avenue

1076 Nicosia


The exchange amount will be transferred to the beneficiary’s bank account according to his/her instructions. Any transfer expenses will be borne by the beneficiary. In this respect, the sender should provide the following details:

  • Bank name of the beneficiary
  • SWIFT bank code
  • Name of the beneficiary’s account (the account should be in the name of the sender)
  • IBAN number
  • Telephone number of the beneficiary
  • Email address of the beneficiary (if any).

For further information and/or clarification, you may contact the CBC through: