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From its initial value of 305.94 g fine silver, the Venetian lira had depreciated so much in value over its 1,000-year lifetime that this original unit was referred to from 1200 CE as the lira piccola (small lira) in comparison to larger units of the same name. [1]
The Milanese lira, Venetian lira, Lombardo-Venetian lira and Parman lira after 1814, at the rate of 270 Milanese lire = 45 Milanese scudi = 405 Venetian lire = 855 Parman lire = 207.23 Italian lire; [12] The Tuscan fiorino and the Tuscan lira in 1859, at 1 francescone = 4 fiorini = 6 + 2 ⁄ 3 Tuscan lire = 5.6 Italian lire;
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.
It replaced the Lombardo-Venetian lira at a rate of 1 florin = 3 lire. [72] The florin was equivalent to the Austro-Hungarian florin. Although it was subdivided into 100 soldi rather than 100 kreutzers, Austrian coins circulated in Venetia. The only coins issued specifically for Venetia were copper 1 ⁄ 2 and 1 soldo pieces.
The Turkish lira is significantly below fair value at the moment and should strengthen over the next one to two years as Turkey's economy slows and exports gain strength, improving the country's ...
lira (including lira Tron), minted from 1472. ducato, minted from 1284, with the same weight and title of Florence's florin. From the 16th century onwards it was called zecchino. giustina, name of different types of silver coins minted under doge Alvise II Mocenigo in 1572. A giustina minore ("lesser giustina") was minted under Pasquale Cicogna).
By 1125 GMT, the lira pared its losses to trade at 11.8 against the dollar, off a morning low of 11.949. Despite last week's rebound, it has lost 37% of its value against the U.S. currency so far ...
The Venetian lira was one of the currencies in use in Italy and due to the economic power of the Venetian Republic a popular currency in the Eastern Mediterranean trade. During the 19th century, the Ottoman Empire and the Eyalet of Egypt adopted the lira as their national currency, equivalent to 100 piasters or kuruş .