Jan
4th
Fri
4th
Euro transition
So on Jan 1, 2008, Cyprus transitioned to the Euro, replacing the Cyprus Pound. It was very interesting for a geek like me to watch the transition which was incredibly smooth.
There has been dual euro-pound pricing for a year now and merchants will accept both currencies for the next month. Most impressive is all the behind the scenes work that has transitioned all payment systems to a new system (including dual pricing for some time). As far as I have seen, there has have been no hiccups.
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