Search results
Results From The WOW.Com Content Network
The lira (/ ˈ l ɪər ə / LEER-ə, Italian:; pl.: lire, / ˈ l ɪər eɪ / LEER-eh, Italian:) [1] was the currency of Italy between 1861 and 2002. It was introduced by the Napoleonic Kingdom of Italy in 1807 at par with the French franc , and was subsequently adopted by the different states that would eventually form the Kingdom of Italy in 1861.
US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona. [ 7 ] At present, the euro is legal tender in 20 out of 27 European Union member states, [ 8 ] in addition to 6 countries not part of the EU ( Monaco , San Marino , Vatican City ...
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 denominated currency ceased to be legal tender on 28 February 2002. The conversion rate is 1,936.27 lire to the euro. [40]
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 .
The lira fell steadily, from 560 lira to the U.S. dollar in 1973 to 1,400 lira in 1982. [ 57 ] The economic recession went on into the mid-1980s until a set of reforms led to the independence of the Bank of Italy [ 58 ] and a big reduction of the indexation of wages [ 59 ] that strongly reduced inflation rates, from 20.6% in 1980 to 4.7% in ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!