Overview of Italian Lira
Italian Lira price Index provides the latest ITL price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
Italian Lira's share of the entire cryptocurrency market is 0.00% with the market capitalization of $ 139.10 Thousands.
Italian Lira reached its highest price on December 21, 2018, when it was trading at its all-time high of $ 0.000045.
Italian lira was the currency of Italy between 1861 and 2002 and of the Albanian Kingdom between 1941 and 1943.
Italian Lira has a current supply of 100,000,000,000 with 24,999,999,997.801 in circulation.
Italian Lira (ITL) is a cryptocurrency token and operates on the Ethereum platform.
Italian lira notes and coins were legal seemer in San Marino (and vice versa).
Italian Lira | italy 5000 5000 italian lire vincenzo bellini
Italian Lira silver coin of 1907, King Victor Emmanuel III.
Italian Lira is up 5.08% in the last 24 hours.
How much is 1000 Italian Lira in US Dollar?
1000 Italian Lira is
0.579709 US Dollar.
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History of Italian Lira
In 1861, coins were minted in Florence, Milan, Naples and Turin in denominations of 1, 2, 5, 10 and 50 centesimi, 1, 2, 5, 10 and 20 lire, with the lowest four in copper, the highest two in gold and the remainder in silver.
In 1862 the Italian lira (plural: lire), which up to then had been divided into 20 solidi, was redefined, and the decimal system was introduced, with 1 lira equal to 100 centesimi.
In 1863, silver coins below 5 lire were debased from 90% to 83.5% and silver 20 centesimi coins were introduced.
In 1865, Italy formed part of the Latin Monetary Union in which the lira was set as equal to, among others, the French franc, Belgian franc and Swiss franc: in fact, in various Gallo-Italic dialects in north-western Italy, the lira was outright called “franc”.
In 1865, Italy formed part of the Latin Monetary Union in which the lira was set as equal to, among others, the French, Belgian and Swiss francs: in fact, in various Gallo-Italic dialects in north-western Italy, the lira was outright called “franc”.
In 1865, Italy formed part of the Latin Monetary Union in which the lira was set as equal to, among others, the French, Belgian and Swiss francs: in fact, in various Gallo-Italic languages in north-western Italy, the lira was outright called “franc”.[1] This practice has obviously ended with the introduction of the euro in 2002.
In 1865, Italy formed part of the Latin Monetary Union in which the lira was set as equal to, among others, the French, Belgian and Swiss francs: in fact, until the introduction of the euro in 2002, people speaking the Gallo-Italic dialects in north-western Italy usually called “franc” the lira.[1]
In 1919, with a purchase power of the lira reduced to 1/5 of that of 1914, the production of all earlier coin types except for the nickel 20 centesimi halted, and smaller, copper 5 and 10 centesimi and nickel 50 centesimi coins were introduced, followed by nickel 1 and 2 lire pieces in 1922 and 1923, respectively.
In 1926, silver 5 and 10 lire coins were introduced, equal in size and composition to the earlier 1 and 2 lire coins.
In 1936, the last substantial issue of silver coins was made, whilst, in 1939, moves to reduce the cost of the coinage lead to copper being replaced by aluminium bronze and nickel by stainless steel.
In 1951, the government again issued notes, this time simply bearing the title “Repubblica Italiana”.
In 1966, 500 lire notes were introduced (again replacing Bank of Italy notes) which were produced until replaced in 1982 by a coin.
In 1967, 50,000 and 100,000 lire notes were introduced by the Bank of Italy, followed by 20,000 lire in 1975 and 500,000 lire in 1997.
In 2002 the lira ceased to be legal tender in Italy after the euro, the European Union’s monetary unit, became the country’s sole currency.
In 2002 the lira was officialy replaced by the euro.
