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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]
The agontano was the currency used by the Italian Maritime Republic of Ancona from the 12th to the 16th centuries during its golden age. It was a large silver coin of 18-22mm in diameter and a weight of 2.04–2.42 grams, of roughly equivalent value to the Milanese Soldo. The first reports of Ancona's medieval coinage begin in the 12th century ...
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.
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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]
Other Italian mints followed the example of Venice by issuing their own grossi. Verona, Bologna, Reggio, Parma and Pavia all had coins of pure silver with weights roughly that of the Venetian grosso by 1230. The Roman Senate struck grossi in the mid 13th century, but by then it was the Venetian grosso which had become a major trade currency. [15]
Upon the conclusion of the Risorgimento, the state, and its currency, ceased to exist. In 1929, the Lateran Treaty established the State of the Vatican City and, according to the terms of the treaty, a distinct coinage was introduced, denominated in centesimi and lire, on par with the Italian lira. Italian coins and banknotes were legal tender ...
The Tuscan fiorino (plural: fiorini) was the currency of Tuscany between 1826 and 1859. It was subdivided into 100 quattrini (singular: quattrino), a local currency made by four denari (from the Latin: quater denarii). There was an additional denomination called the paolo, worth 40 quattrini, in circulation.