Table of Contents
Is Italian lira worth anything?
The Italian Lira was replaced by the Euro in 2002 and Italian Lira coins and banknotes no longer have any monetary value.
Can you still exchange old Italian lira?
Lira notes ceased to be legal tender in February 2002. Any that were in circulation can be exchanged for the equivalent value in euros at the Banca D’Italia until February 29, 2012. The conversion rate is fixed at 1,936.27 lire to the euro, which means that 40,000 lire would be worth approximately 20 euros (£18).
How much is a 1000 lire Mille worth in US dollars?
Convert Italian Lira to US Dollar
| ITL | USD |
|---|---|
| 500 ITL | 0.299456 USD |
| 1,000 ITL | 0.598912 USD |
| 5,000 ITL | 2.99456 USD |
| 10,000 ITL | 5.98912 USD |
What was the value of the Italian lira in 1947?
In German occupied areas, the exchange rate was set at 1 Reichsmark = 10 lire. After the war, the value of the lira fluctuated, before Italy set a peg of US$1 = 575 lire within the Bretton Woods System in November 1947.
What was the exchange rate for one Italian lire?
This rate lasted until 1934, with a separate “tourist” rate of US$1 = 24.89 lire being established in 1936. In 1939, the “official” rate was 19.8 lire. After the Allied invasion of Italy, an exchange rate was set at US$1 = 120 lire (1 British pound = 480 lire) in June 1943, reduced to 100 lire the following month.
When did the Italian lira stop being legal tender?
The lira was the official unit of currency in Italy until January 1, 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 February 28, 2002. The conversion rate is 1,936.27 lire to the euro.
When did Italy devalue the pound to 625 lire?
Following the devaluation of the pound, Italy devalued to US$1 = 625 lire on 21 September 1949. This rate was maintained until the end of the Bretton Woods System in the early 1970s.