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The lira was the official unit of currency in Italy until 1 January 1999, when it was replaced by the euro (the lira was officially a national subunit of the euro until the rollout of euro coins and notes in 2002). Old lira denominated currency ceased to be legal tender on 28 February 2002. The conversion rate was Lit 1,936.27 to the euro. [13]
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 ...
Also an olive branch for symbol of peace and ear for Anatolia. Lira is the name of several currency units. It is the current currency of Turkey and also the local name of the currencies of Lebanon and of Syria. It is also the name of several former currencies, including those of Italy, Malta and Israel. The term originates from the value of a ...
The mint in the Republic of Genoa began its production around 1138, [1] with coins introduced in line with similar versions issued in the rest of Europe, as follows: [2] The testone or 1-lira coin before 1500, containing about 13 g of 23⁄24 fine silver (or 12.5g fine). It was the highest-valued Italian coin unit in the end of the 15th century.
History. 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. The Lire 500 coin was the first bimetallic circulating coin, and was also the first circulating coin to ...
The name of the currency could also be written in full as a prefix or a suffix (e.g. Lire 100,000 or 100,000 lire). The ISO 4217 currency code for the lira was ITL. The Italian lira was the official unit of currency in Italy until 1 January 1999, when it was replaced by the euro (euro coins and notes were not introduced until 2002). Old lira ...
Florin. The back of an Italian florin coin. Florin from the Środa treasure. The Florentine florin was a gold coin (in Italian Fiorino d'oro) struck from 1252 to 1533 with no significant change in its design or metal content standard during that time. [1] It had 54 grains (3.499 grams, 0.1125 troy ounces) of nominally pure or 'fine' gold [2 ...
The size, weight and value of the coin itself changed over time. At a certain point, towards the middle of the 16th Century, it became so thin that it deserved the nickname " Baiocchino " or " Baiocchétto " because it actually weighed less than 0.25g. It underwent numerous other variations of material losing more and more silver and becoming ...