Vatican lira

Vatican lira
lira vaticana (Italian)
VAL
500 Lire
ISO 4217
CodeITL
Unit
Plurallire
SymbolNone official, see Italian lira
Denominations
Subunit
1100centesimo
Subunits were abolished after WWII
Plural
centesimocentesimi (c.)
BanknotesItalian lira banknotes
Coins
 Freq. used50, 100, 200, 500, 1,000 Lire
 Rarely used1 Lira, 2, 5, 10, 20 Lire
Demographics
User(s)None, previously:
 Vatican City
 Italy
 San Marino
Issuance
Central bankBanca d'Italia
 Websitewww.bancaditalia.it
Valuation
EU Exchange Rate Mechanism (ERM)
Since13 March 1979, 25 November 1996[a]
Withdrawn16 September 1992 (Black Wednesday)
Fixed rate since31 December 1998
Replaced by euro, non cash1 January 1999
Replaced by euro, cash1 January 2002
1 € =1,936.27 Lire
This infobox shows the latest status before this currency was rendered obsolete.
  1. ^ Indirectly (1:1 peg to ITL).

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.