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In 1951, the government replaced all circulating coins and notes with new smaller-sized aluminium 1 lira, 2, 5 and 10 lire (although the 2 lire coin was not minted in 1951 or 1952), and in 1954–1955, Acmonital (stainless steel) 50 and 100 lire coins were introduced, followed by aluminium-bronze 20 lire in 1957 and silver 500 lire in 1958 ...
Lire 10 and Lire 20 coins dated 2000 or 2001 were struck in sets only. The Lire 500 coin was the first bimetallic circulating coin, and was also the first circulating coin to feature Braille numerals (a Braille "L. 500" is on the upper rim of the coin's reverse, above the building).
Lira. Italian East African lira; Italian Somaliland lira; Tripolitanian lira; Metica – Mozambique; Peseta – Equatorial Guinea; Peso – Guinea-Bissau; Pound. Biafran pound; British West African pound – Cameroon, Gambia, Ghana, Nigeria and Sierra Leone; Gambian pound; Ghanaian pound; Libyan pound; Malawian pound; Nigerian pound; Rhodesian ...
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 ...
Italy has a long history of different coinage types, which spans thousands of years. Italy has been influential at a coinage point of view: the medieval Florentine florin, one of the most used coinage types in European history and one of the most important coins in Western history, [1] was struck in Florence in the 13th century, while the Venetian sequin, minted from 1284 to 1797, was the most ...
As the value of the Italian Lira declined in the years since World War II, new denominations in progressively higher values were introduced, with the lower values dropping off. All the centesimi denominations ceased to be issued after 1946, the gold 100-Lire after 1959, and the by-now tiny aluminum 1- and 2-Lire issues ended after 1977, with ...
In 1947, a new coinage was introduced consisting of aluminium 1 Lira, 2 Lire, 5 Lire and 10 Lire. The sizes of these coins were reduced in 1951. The sizes of these coins were reduced in 1951. In 1955, stainless steel 50 Lire and 100 Lire were introduced, followed by aluminium-bronze 20 Lire in 1957 and silver 500 Lire in 1958.
The 1 lira cent (Italian: centesimo di lira), commonly called centesimino, [1] was the smallest denomination of Italian lira coins. Like the contemporary 1, 2 and 5 cent coins, it was made of a bronze alloy composed of 960‰ copper and 40‰ tin. [2] The 1-cent coins were minted between 1861 and 1918, only to be withdrawn from circulation in ...