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5 Mils
| Issuer | Republic of Cyprus |
|---|---|
| Year | 1963-1980 |
| Type | Log in to see details |
| Value | 5 Mils (0.005) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin/Greek |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Log in to see details |
| Reverse lettering | Log in to see details |
| Edge | Log in to see details |
| Mint | Royal Mint (Tower Hill), London, United Kingdom (1810-1975) Royal Mint, Llantrisant, United Kingdom (1968-date) |
| Mintage | Log in to see details |
| Additional information |
Cyprus decimalized its currency in 1955 under British colonial administration, but the mil denominations that resulted — including this piece — carried over into the Republic's coinage largely unchanged after independence in 1960. The 5 Mils ran continuously through 1980, when rampant inflation had rendered the smallest denominations economically pointless. It was demonetized alongside the 1 and 3 Mils as part of a quiet rationalization of the currency that nobody mourned.
The Turkish invasion of 1974 and subsequent partition of the island had no immediate effect on the coinage series, which continued uninterrupted from the government-controlled south.