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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.
The Italian lira had no official sign, but the abbreviations L. and Lit. and the symbols ₤ (two bars), £ (one bar) were all commonly used. The Maltese lira used £M before 1986 and Lm thereafter (both as prefixes), though £M continued to be used in unofficial capacities.
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).
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 ...
The lira (plural lire; abbreviation: VAL) was the currency of the Vatican City between 1929 and 2002. It was not a separate currency but an issue of the Italian lira ; the Banca d'Italia produced coins specifically for Vatican City.
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: €2.50, 2,50€ and 2 50.
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When the period of the Republic ended in 1797, the one lira coin weighed 4.16 g at 8/9 fine, equal to 3.70 g fine silver or 0.239 g fine gold. [8] From 1797 the Genoese lira and all its auxiliary units were replaced by the French franc, and afterwards the Italian lira. However, the Mint of Genoa remained in operation by issuing coins until 1860 ...