Capital and Currency of Cyprus

Last Update: Apr 28 2024 | BY: Adom

Capital and Currency of Cyprus


Capital and Currency of Cyprus

Cyprus plays a very significant role due to its geographical location. It is very interesting to know the role of Cyprus in geopolitics. In this article, we will know all the important details about Cyprus like the capital of Cyprus, the currency of Cyprus, geographical location, population, GDP, culture & religion.


Cyprus

Cyprus is an island country in the Eastern Mediterranean, its official name is the Republic of Cyprus. Cyprus is the third largest island in terms of area and also the third largest populous island in the Mediterranean. It has a total area of 9251 km sq. of which 9% area is water area (sea area). The total area of Cyprus is the world's 162nd largest area in terms of the whole country area.


Cyprus is located south of Turkey, north of Egypt, Israel, and the Palestinian region of the Gaza Strip, west of Syria and Lebanon, and southeast of Greece. Cyprus has been part of a lot of controversies. We are not going into those details since it has a big story, and it is not easy to cover in a limited article.


Capital of Cyprus

Nicosia is the capital and largest city of Cyprus. The total area of the city is 111 km sq. The last population census was conducted in 2004, the estimated population of the city is around 310355 by 2020.

  • Cyprus Capital: Nicosia


Currency of Cyprus

Euro (EUR) is the official currency of Cyprus. Various other European countries use the Euro as their official currency. Euro is the second most used currency in the world after Doller.

  • Cyprus Currency: Euro (EUR)


Euro (EUR) Values in Other Currencies, According to 20 July 2020

  • 1 Euro = 1.15 USD
  • 1 Euro = 85.90 Indian Rupee
  • 1 Euro = 8.01 Chinese Yuan
  • 1 Euro = 7.86 Turkish lira
  • 1 Euro = 122.91 Japanese Yen
  • 1 Euro = 0.35 Kuwaiti Dinar
  • 1 Euro = 0.43 Bahraini Dinar


Cyprus Population

According to the census of 2011, the population of Cyprus was 838897, It has been around 10 years since the last official census but various unofficial data say that in 2020 it is estimated at around 1.2 million making Cyprus the 158th largest country in the world terms of population.

  • Cyprus Population: 1.2 million [Estimated in 2020]


Cyprus GDP

As of 20th July 2020 nominal GDP of Cyprus is $ 24.96 billion, The per capita nominal GDP of Cyprus is $28888. According to the World Bank data, Cyprus is a high-income country, since its per capita GDP is more than $12535.


The service sector of Cyprus including tourism contributes 80% to the GDP of the country. Agriculture contributes 2% and the labor force contributes 8.5% to the GDP. The fishing industry also plays some point important role in the GDP of the country.


Cyprus' Nominal GDP as of 2020

  • Total: $24.96 billion
  • Per capita: $28888


Religion, Language, and Culture in Cyprus

There are two main religions followed by the people in Cyprus that are Greek Orthodox and Sunni Islam. The majority of the population of Cyprus is either of Greek origin or Turkish origin. The people who belong to Greek origin follow Greek Orthodox and those from Turkey follow Sunni Islam.


Greek and Turkish are the two official languages in Cyprus. Armenian and Cypriot Maronite Arabic is recognized as a minority language. As a foreign language, English is widely spoken in Cyprus.


Since Greece and Turkey, both countries are culturally close, they share some common foods like Souvla and Halloumi. Music, dance, and art are an integral part of the culture of Cyprus.

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