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The Napoleonic Kingdom of Italy issued coins between 1807 and 1813 in denominations of 1 and 3 centesimi and 1 soldo (5 centesimi) in copper, c.10 in 20% silver alloy, s.5, s.10 and s.15 (or c.25, c.50 and c.75 centesimi), 1 lira, 2 lire and 5 lire in 90% silver and 20 lire and 40 lire in 90% gold.
Italian lira banknotes: ... the Vatican City switched to the euro at an exchange rate of 1 euro = 1,936.27 Lire. ... followed by bi-metallic 500 Lire and 1,000 Lire ...
The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers.
Luccan lira until 1800 and 1826–1847; merged into the Italian lira; Maltese lira 1825–2007; merged into the euro, 2008; Neapolitan lira 1812–1813; merged into the Italian lira; Ottoman lira 1844–1923; became the Turkish lira; Papal lira 1866–1870; became the Vatican lira at par with the Italian lira
The lira (plural lire; abbreviation: SML) was the currency of San Marino from the 1860s until it was replaced by the euro on 1 January 2002. It was equivalent and pegged to the Italian lira . [ 1 ] Italian coins and banknotes and Vatican City coins were legal tender in San Marino, while Sammarinese coins, minted in Rome , were legal tender ...
The European Monetary System lasted from 1979 to 1999, when it was succeeded by the Economic and Monetary Union (EMU) and exchange rates for Eurozone countries were fixed against the new currency the Euro. [7] The ERM was replaced at the same time with the current Exchange Rate Mechanism (ERM II).
In 1939, the "official" rate was 19.8 lire. After the Allied invasion of Italy during World War II, an exchange rate was set at US$1 = 120 lire (1 British pound = 480 lire) in June 1943, reduced to 100 lire the following month. In German-occupied areas, the exchange rate was set at 1 Reichsmark = 10 lire.
With the failure of the Bretton Woods system with the Nixon shock in 1971, the Smithsonian Agreement set bands of ±2.25% for currencies to move relative to their central rate against the US dollar. This provided a tunnel within which European currencies could trade.