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Coin production resumed slowly in 1946, reaching 1 million minted in 1948, with the purchasing power of the lira reduced to 2% of its value in 1939. Initially, 1 lira, 2, 5 and 10 lire coins were issued in aluminium. These coins were in circulation together with the AM-lire and some of the old, devalued coins of the Italian Kingdom.
From 1980 until 2001, Lira 1 and Lire 2 coins were struck solely for collectors due to their low value, and in 1998 the Lire 5 was also sold for collectors only. Lire 10 and Lire 20 coins dated 2000 or 2001 were struck in sets only.
Other denominations included the crazia worth q.5; the grosso worth q.20; the paolo worth q.40 or 2 ⁄ 3 lira; the testone worth 3 paoli; and the crown-sized francescone worth 10 paoli or 6 + 2 ⁄ 3 lire. In 1803 the Tuscan lira was equivalent to 0.84 French francs, 0.84 Italian lira, or 3.78 grams of fine silver.
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The central bank announced its fourth market intervention in two weeks, selling dollars, as the slide to 14.99 left the lira worth just half of its end-2020 value. Last week, the bank moved to ...
The banknotes for 1, 2, 5 and 10 lire are a square shape, and the 50, 100, 500 and 1,000 lire have a rectangular shape, same general shape as the U.S. dollar. The second issue (Series 1943 A) was printed only by the FLC, and was added to the indication in letters (in Italian and English) of the value.
The Turkish lira is significantly below fair value at the moment and should strengthen over the next one to two years as Turkey's economy slows and exports gain strength, improving the country's ...
100 Italian lira (1979, FAO celebration) ; Obverse: Young woman with braid facing left and Repubblica Italiana [Italian Republic] written in Italian.: Reverse: Cow nursing calf, face value & date.