This is my question. How many Italian lira did it take to purchase one us dollar in June 1971?
The Italian Lira was superseded by the Euro in 1999.
There is no Italian dollar. The previous currency for Italy was the lira, but it was eliminated in favor of the more-stable Euro in 2002. Lira coins and bills are no longer legal tender, but can be converted into Euros until February 29, 2012.(see related link)
In January of 2002, Italy switched from the Lira to the Euro. The exchange rate is below: 1 Euro = 1.5882 U.S. dollars
Italian Lira
In 1955, the exchange rate between the Italian lira and the US dollar was approximately 620 Italian lira to 1 US dollar. This means that one Italian lira was worth about 0.0016 US dollars in 1955. Keep in mind that exchange rates can fluctuate due to various economic factors.
This is my question. How many Italian lira did it take to purchase one us dollar in June 1971?
During the time when the Italian lira was in circulation, the exchange rate varied. At one point, 2 billion Italian lira would have been approximately equivalent to around £700,000 to £800,000.
The Italian Lira is no longer the standard legal tender of Italy, it was replaced by the Euro.
Italian? The Italian now use the Euro, so for exchange purposes it would be worthless. The Italian Central Bank will still exchange Lira at around 2,000 Lira to the Euro. It could be Turkish Lira which is of Jan 1st 2009 the new denomination which replaced the old Lira. The Old Turkish Lira is worth 1,550,000 to $1 US dollar. It also be Lira from many other countries from Vatican City and many other Med countries.
The exchange rate for Italian lira to US dollars is no longer relevant as Italy adopted the euro as its official currency in 2002. At the time of the currency's conversion to the euro, the exchange rate was set at 1 euro = 1936.27 lire. So, if we were to convert 100,000 Italian lira to euros, it would be approximately 51.61 euros.
Italian lira was created in 1861.
The Italian lira was launched in 1807.
No, the Turkish Lira and the old Italian Lira are different currencies. The Turkish Lira is the current currency of Turkey, while the Italian Lira was the previous currency of Italy before it switched to the Euro in 2002.
Italian Somaliland lira was created in 1925.
The Italian Lira was superseded by the Euro in 1999.
Lira Hospital was created in 1920.