The currency of the Republic of Cyprus is the Euro (€). It is divided into 100 Euro cents (¢).Cyprus switched to the Euro on January 1st, 2008. Prior to that, it had been using the Cypriot Pound as its currency.
Cyprus is divided into six districts (Greek: επαρχίες eparchies; Turkish: kaza), whose capitals share the same name. The districts are further divided up into municipalities.
Nicosia is the capital and largest city of the Republic of Cyprus. It is also the capital of the Turkish Republic of Northern Cyprus, a state only recognised by Turkey. Located on the River Pedieos and situated almost in the centre of the island, it is the seat of government as well as the main business centre. Nicosia is the capital of the Nicosia District. Nicosia is designated a Beta World City - by the Globalization and World Cities Study Group and Network.