I'm planning a trip to Italy and I'm wondering if it's still possible to use lira, the old Italian currency, there. I know they switched to the euro years ago, but I just want to confirm.
6 answers
TeaCeremony
Fri Nov 22 2024
The Italian Lira banknotes ceased to be in circulation following Italy's entry into the Eurozone in 2001.
Andrea
Fri Nov 22 2024
The exchange deadline for Italian Lire was reached in 2011.
PulseRider
Fri Nov 22 2024
After this date, all Lira bills issued by the Banca d'Italia, which is headquartered in Rome, lost their monetary value.
MichaelSmith
Fri Nov 22 2024
This transition marked the end of the use of the Italian Lira as the country's official currency.
CryptoMaven
Fri Nov 22 2024
The process of exchanging Italian Lira banknotes for Euros began soon after Italy adopted the Euro.