Sammarinese lira

Sammarinese lira
lira sanmarinese (Italian)
ISO 4217
CodeITL
(abbreviation SML is used)
Unit
Unitlira
Plurallire
SymbolL.‎ (None 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:
 Italy,
 San Marino,
 Vatican City
Issuance
Central bankBanca d'Italia
 Websitewww.bancaditalia.it
Valuation
EU Exchange Rate Mechanism (ERM)
Since25 November 1991[a]
Withdrawn16 September 1992 (Black Wednesday)
Fixed rate since17 August 1992
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: SML) was the currency of San Marino from the 1860s until it was replaced by the euro on 1 January 2002. It was equivalent and pegged to the Italian lira.[1] Italian coins and banknotes and Vatican City coins were legal tender in San Marino, while Sammarinese coins, minted in Rome, were legal tender throughout Italy, as well as in the Vatican City.

  1. ^ San Marino Business Law Handbook Strategic Information and Laws. Intl Business Pubns USA. 2012. p. 42. ISBN 9781438770925.

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