1 Pound

Cyprus was a Crown Colony under British administration when this series was issued, and the Government of Cyprus — rather than any banking institution — served as the direct note-issuing authority, an arrangement that persisted well into the postwar period. De La Rue produced the plates in London, which was entirely standard for British colonial currency of the period, though the notes themselves circulated in an economy still heavily dependent on agricultural income and deeply sensitive to the sterling exchange rate.

The P#18 series spans six years of issue dates, making date-specific examples meaningful to specialists. Earlier dates within the run are considerably harder to locate than the mid-1930s issues.