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The lira (/ ˈ l ɪər ə / LEER-ə, Italian:; pl.: lire, / ˈ l ɪər eɪ / LEER-eh, Italian:) [1] 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.
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 ...
It was the highest-valued Italian coin unit in the end of the 15th century. [3] Genoese currency became important in the 16th century during the Golden age of Genoese banking, with the Spanish Empire funnelling its massive wealth from Spanish America through the Bank of Saint George. Genoa then introduced new coins, namely: [4]
Italian lira coins were the coins of the Italian lira that served as Italy's currency from 1861 until 2001 when it was replaced ... History of coins in Italy; References
European Currency Unit and 22 national currencies which were replaced by the euro: Austrian schilling; Belgian franc; Croatian kuna; Cypriot pound; Dutch guilder; Estonian kroon; Finnish markka; French franc; German mark; Greek drachma; Irish pound; Italian lira; Latvian lats; Lithuanian litas; Luxembourgish franc; Maltese lira; Monégasque ...
The lira was the currency of Italy from its unification until it was merged into the euro in 1999. [2] A unit of currency lira had previously been used in some of the states and possessions that became Italy but their values were not necessarily equivalent. (See Luccan lira, Papal lira, Parman lira, Sardinian lira and Tuscan lira.)
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The name of the currency could also be written in full as a prefix or a suffix (e.g. Lire 100,000 or 100,000 lire). The ISO 4217 currency code for the lira was ITL. The Italian lira was the official unit of currency in Italy until 1 January 1999, when it was replaced by the euro (euro coins and notes were not introduced until 2002). Old lira ...