Cyprus - Exchange Rate:

Federal Reserve   Credit Risk   NASDAQ   Annuity   Common Stock   Securitization   Income Funds   Growth Funds   

Average exchange rate in 1990, Cyprus pound (C£) 0.46 to US$1.

[Average exchange rate in 1990 for the currency used by Turkish Cypriots, the Turkish lira (TL), 2,6008.6 to US$1.

TRANSPORTATION AND TELECOMMUNICATIONS

Railroads: None.

Roads: In 1989 roads in the government-controlled area amounted to 9,824 kilometers, of which 5,240 kilometers were asphalted or tarred and 4,584 kilometers were dirt or gravel. Some of the republic's roads were superhighways more such roads under construction in the early 1990s.

[In the mid-1980s, the "TRNC" possessed 6,080 kilometers of roads, 800 kilometers of which unpaved. Major roads connected Nicosia with some other urban areas.]

Ports: Limassol, followed by Larnaca, important ports Paphos and Vasilikos also received traffic.

[Famagusta (Gazimagusa) most important Turkish Cypriot port, equipped with modern facilities. Small ports at Kalecik and Kyrenia (Girne).]

Civil Airports: As of the early 1990s, Nicosia International Airport closed, a result of the Turkish invasion of 1974. Replaced by the international airports at Larnaca and Paphos. Also a number of smaller airports in the government-controlled area.

[Turkish Cypriots operated two international airports, Ercan and Geçitkale.]

Telecommunications: Excellent telecommunications facilities. More than 200,000 telephones, all with international direct dialing. Three submarine cables and three satellite ground stations connected to international systems guaranteed ready communication abroad. State television and radio network, in addition to private radio station.

[Turkish Cypriots had a modern telecommunications system, with connections abroad going via Turkey. All villages connected to fully automated exchange services. Government operated two television and radio stations.]

Data as of January 1991


Next Page    Prev Page    Index Page    

Other Links:  MarketSigns.com  Bonds  IRS Procedures  IRS FAQ's  IRS Tax Info  Employer's Guide for Tax  Individual Federal Tax    
Countries  Cyprus  DominicanRepublic  Ecuador  Egypt  ElSalvador  Ethiopia  Finland  Georgia  Germany(East)