and this was regarded internationally as the abbreviation for the Italian lira. Banks and financial institutions, including the Bank of Italy, often used Lit. (standing for Lira) and the signs ₤ or £ were all accepted representations of the currency. There was no standard sign or abbreviation for the Italian lira. This term was also adopted in various Gallo-Italic languages in north-western Italy to refer to the Italian lira. In France, the 'franc' referred to a coin worth one livre tournois. These units translate in Italian to lira, soldo and denaro in French to livre, sou and denier and in English to pound, shilling and penny. The Carolingian monetary system divided the libra into 20 solidi (singular: solidus) or 240 denarii (singular: denarius). See also: French franc § History, and £sd In 1999, the euro became Italy's unit of account and the lira became a national subunit of the euro at a rate of €1 = Lit 1,936.27, before being replaced as cash in 2002. The Carolingian system is the origin of the French livre tournois (predecessor of the franc), the Italian lira, and the pound unit of sterling and related currencies. The term originates from libra, the largest unit of the Carolingian monetary system used in Western Europe and elsewhere from the 8th to the 20th century. The lira was also the currency of the Albanian Kingdom from 1941 to 1943. It was subdivided into 100 centesimi (singular: centesimo), which means 'hundredths' or 'cents'. 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 lira ( / ˈ l ɪər ə/ LEER-ə, Italian: plural lire / ˈ l ɪər eɪ/ LEER-ay, Italian: ) was the currency of Italy between 18. This infobox shows the latest status before this currency was rendered obsolete. San Marino (local issue: Sammarinese lira)

Lira betyder