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A bimetallic 1,000 lire coin was introduced in 1997 and stopped in 1998 due to the impending introduction of the euro. Coins still being minted for circulation at the time of the changeover to euro (in 2000 and 2001 only lire for collectors coins sets were minted) were: [17] 1 lira (0.05 cents, only for collectors)
Lire 10 and Lire 20 coins dated 2000 or 2001 were struck in sets only. The Lire 500 coin was the first bimetallic circulating coin, and was also the first circulating coin to feature Braille numerals (a Braille "L. 500" is on the upper rim of the coin's reverse, above the building).
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]
No coins were issued for this currency, with old Italian coins still circulating, although heavily devalued. The 50 centesimo piece for example was worth just a quarter of a penny . Notes were issued in denominations of 1 lira and 2, 5, 10, 50, 100, 500 and 1,000 lire.
From country to country, monetary units vary nearly as much as the cultures that use them. But have you ever wondered why a dollar is called a 'dollar'? How the world's currencies got their names
The Venetian lira was one of the currencies in use in Italy and due to the economic power of the Venetian Republic a popular currency in the Eastern Mediterranean trade. During the 19th century, the Ottoman Empire and the Eyalet of Egypt adopted the lira as their national currency, equivalent to 100 piasters or kuruş .
Italy has a long history of different coinage types, which spans thousands of years. Italy has been influential at a coinage point of view: the medieval Florentine florin, one of the most used coinage types in European history and one of the most important coins in Western history, [1] was struck in Florence in the 13th century, while the Venetian sequin, minted from 1284 to 1797, was the most ...
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