Cryptocurrency Q&A Can you still exchange Italian lira for euros?

Can you still exchange Italian lira for euros?

Arianna Arianna Fri Nov 22 2024 | 5 answers 1370
I have some old Italian lira notes and coins and I'm wondering if it's still possible to exchange them for euros. I heard that the lira was replaced by the euro but I'm not sure if the exchange is still valid. Can you still exchange Italian lira for euros?

5 answers

Martina Martina Sat Nov 23 2024
The existing legal framework prohibits the conversion of lire.

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SsamziegangSerenadeMelodyHarmonySoul SsamziegangSerenadeMelodyHarmonySoul Sat Nov 23 2024
This transfer amounts to a total of approximately €1.2 billion.

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SolitudeSeeker SolitudeSeeker Sat Nov 23 2024
According to the regulations outlined in the relevant section, lire cannot be exchanged or converted under the current legal setup.

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CherryBlossomDancing CherryBlossomDancing Sat Nov 23 2024
The Bank of Italy has taken measures to address the issue of lire still in circulation.

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CharmedFantasy CharmedFantasy Sat Nov 23 2024
Specifically, the Bank of Italy transferred the equivalent value of the lire still in circulation to the State.

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