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The lira (plural lire) was the distinct currency of Venice until 1848, when it was replaced by the Italian lira.It originated from the Carolingian monetary system used in much of Western Europe since the 8th century CE, with the lira subdivided into 20 soldi, each of 12 denari.
The Venetian lira (plural lire) was the distinct currency of the Republic of Venice until 1848, when it was replaced by the Italian lira. It originated from the Carolingian monetary system used in much of Western Europe since the 8th century CE, with the lira subdivided into 20 soldi, each of 12 denari.
The lira was made of 4.33 grams of silver (with 9/10 of purity). Six lire were equal to the scudo which was equivalent to the Austrian Conventionsthaler, hence they had no relation to the former currencies the Venetian lira and the Milanese scudo. The lira was divided into 100 centesimi (cents). Coins were minted in Milan, Venice and Vienna.
The main coins minted during the Republic of Venice include: silver ducato, minted for the first time between 1193 and 1202; it was one of the first grossi. soldo, in silver, minted during the reign of doge Francesco Dandolo (1328–1339) and doge Giovanni Gradenigo (1355-1356). lira (including lira Tron), minted from 1472.
Italian lira coins were the coins of the Italian lira that served as Italy's currency from 1861 until 2001 when it was replaced by the Euro.
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 conversion rate was Lit 1,936.27 to the euro. [13]
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Because of the fierce competition in the raisin trade between Venice and the United Kingdom, Venice prohibited the free export of raisins from the islands. [87] Another measure was the nuova imposta, a heavy export tax for foreign ships. [88] The currency of the islands during Venetian rule was the Venetian lira, as in Venice. [89]