500 Mils / Mil CYP Banknote (1963-2005 Central Bank of Cyprus Issue) 1964-1979

500 Mils / Mil Cypriot Pound (Issued 1964-1979)

The security infrastructure of this Central Bank of Cyprus note reflects the anti-counterfeiting standards of the mid-1970s, incorporating multiple layers of protection visible throughout the design. A prominent watermark featuring the national emblem appears in the paper itself, whilst the denomination and issuing authority are repeated across the note to deter fraudulent reproduction. The combination of intricate guilloché patterning, multi-coloured security printing, and finely detailed engraving creates visual complexity that was difficult to replicate with the printing technology available to counterfeiters during this period. The serial number 084577 and official signatures provide additional verification elements.

On the front, the 500 Mils denomination is displayed prominently in the upper left and right corners in dark green text. The central area features a striking geometric sunburst design in pale green, radiating outward from a central circle, flanked on the right by the national shield of Cyprus rendered in detailed engraving within an ornamental circular frame. Bilingual text in Greek and Turkish runs across the middle, reading “ΚΕΝΤΡΙΚΗ ΤΡΑΠΕΖΑ ΚΥΠΡΗΣ ΜΕΡΚΕΖ ΤΗΣ-ΚΥΠΡΟΥ / BANKASI” and “ΔΕΝΤΑΚΟΣΙΑ ΜΙΑΣ / BES YÜZ MIL” with the date “1.0.1974” displayed in the centre. The note’s background features subtle colour gradation from green at the margins to peachy-pink tones in the middle section, with fine decorative borders running around the entire perimeter. The serial number appears twice, in green text at lower left and lower right. A signature line is visible at the bottom left in cursive script.

The reverse displays a striking landscape engraving rendered entirely in green ink, depicting a rural Cypriot scene with tall cypress and pine trees lining both sides of a country road that recedes into the distance. Mountains are visible on the horizon between the trees, and a stone wall runs along the right side of the pathway. The Central Bank of Cyprus name is centred at the top of the note in serif typography. The denomination “Five Hundred Mils” appears in English at the lower left, with a decorative scalloped border pattern running along the bottom of the note. The entire reverse employs a single-colour printing technique, creating a classical engraved appearance characteristic of currency design from this era.

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• Indicate the quantity of 500 Mils / Mil Cypriot Pound banknotes you want to exchange
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Webuyallcurrency.com buys and exchanges foreign currency of every kind, so your Cypriot Pounds banknotes — withdrawn or current — can be sold for cash together with the rest of your leftover coins and notes.