Vatican lira

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Vatican lira

lira vaticana (Italian) VAL
500 Lire
ISO 4217
Code	ITL
Unit
Plural	lire
Symbol	None official, see Italian lira
Denominations
Subunit
1⁄100	centesimo Subunits were abolished after WWII
Plural
centesimo	centesimi (c.)
Banknotes	Italian lira banknotes
Coins
Freq. used	50, 100, 200, 500, 1,000 Lire
Rarely used	1 Lira, 2, 5, 10, 20 Lire
Demographics
User(s)	None, previously:  Vatican City  Italy  San Marino
Issuance
Central bank	Banca d'Italia
Website	www.bancaditalia.it
Valuation
EU Exchange Rate Mechanism (ERM)
Since	13 March 1979, 25 November 1996[a]
Withdrawn	16 September 1992 (Black Wednesday)
Fixed rate since	31 December 1998
Replaced by euro, non cash	1 January 1999
Replaced by euro, cash	1 January 2002
1 € =	1,936.27 Lire
This infobox shows the latest status before this currency was rendered obsolete. ^ 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.