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The currency in Italy is the euro. Each euro is divided into 100 cents. When you’re buying currency for Italy, look out for the currency code EUR. And once you’re in Italy, you’ll see the symbol € used to show prices.
Italy has been a member of the European Union (EU) since 1958 and part of the Schengen Zone since 1997. However, it wasn’t until 2002 that the Mediterranean country switched over to using the Euro as its official currency.
What is the present currency in Italy? Like most of the rest of the European Union, Italy uses the Euro as its currency. You'll see the Euro represented by both the symbol - € - and the initials: EUR. What happened to the Lira?
Italy is a founding member of the European Union and one of the first countries to adopt the euro on 1 January 1999.
Find out which EU countries use the euro and those which may adopt it or which have an opt-out. How EU countries can join the euro area.
Italy EU member using the euro. EU founding member in 1957. Euro since 1999 (cash since 2002)
You can use the euro in 20 EU countries: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. Discover more about the euro, which countries use it and the exchange rates. You can use all the notes and coins in ...
The currency in Italy is the euro. As the official legal tender in Italy, the euro is officially recognized by the Italian government, meaning you can use it to settle all financial obligations in the country, including paying for goods, services, taxes, and debts.
Italy and the euro. Italy is a founding member of the European Union and one of the firstcountries to adopt the euro on 1 January 1999. Status. Euro-area member since 1 January 1999. Fixed conversion rate: €1 = 1 936.27 ITL. Adoption of the euro.
Italy has used the euro since 2002, when it replaced the Italian lira, the country’s previous currency. As a member of the Eurozone, Italy shares this currency with 18 other European countries, making it convenient for travellers moving between these nations.