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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 Italian lira (Plural: lire) 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.
Today its official currency is the euro, but as goes for all EU countries, Italy also had its own currency before 1999. Before the euro, Italians had used the lira for two hundred years, but their currency history dates back to the Roman Empire.
19 paź 2022 · Italy’s former official currency was the Lira (the equivalent to US dollars in Italy), replaced by the Euro on January 1, 1999. Initially, the Euro existed only as “book money” until euro banknotes and coins officially entered circulation on January 1, 2002, with the Lira being completely phased out by February 28, 2002 .
22 kwi 2023 · The Italian Lira, with its subdivisions into 100 centimes, was the official currency of Italy from 1861 to 2002 when it was ultimately replaced by the European currency, the Euro. It was the currency in Don Bosco’s time and in the early history of the Salesian Congregation.
24 sie 2014 · The lira (plural lire) was the currency of the Italy between 1861 and 2002. Between 1999 and 2002, the Italian lira was officially a “national subunit” of the euro. However, physical payments could only be made in lire, as no euro coins and notes were available.
6 lis 2014 · In 2002, all EU member states abandoned their national currencies to embrace the euro. It has been 12 years, yet, in Italy the lira is still dearly missed: if we count the nostalgic, one may believe the change happened only a few months back.
