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Most important dates:
  • 29 December 2004 - Adoption of the Strategic Action Plan for the introduction of the euro

  • 2 May 2005 – Participation in ERM II

  • 2 November 2005 – 1st January 2008 set as target date for the adoption of the euro

  • 31st May 2006 – Official launching of the Communication Campaign for the adoption of the euro

  • June 2006 – National Changeover Plan made public

  • After-May 2007 – Irrevocable fixing of the Cyprus pound to the euro

  • 1st January 2008 – Introduction of the euro

  • 1 month after the introduction of the euro – parallel circulation of the Cyprus Pound and the euro

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