| Litas | |
|---|---|
| Country: | Lithuania |
| Partitioning: | 100 Centas |
| ISO-4217-Code: | LTL |
| Abbreviation: | Lt |
| Rate of exchange: (firmly) | 1 EUR = 3.4528 LTL or 1 LTL = 0.28962 EUR |
| Trend of prices (ECB) | |
The Litas is the litauische currency since 25 June 1993. It existed already during the first republic, into which years 1922 - 1940. 1993 it replaced the transition currency talonas (vagnorkos, vagnoreliai), which had replaced one year long the Russian rouble. On litauisch: 1 litas/centas, 2-9 litai/centai, 10 or more litu/centu.
Cash gives it in of 1, 2 and 5 Litas as well as 1, 2, 5, 10, 20 and 50 Centas in coins.
There are notes to 10, 20, 50, 100, 200 and 500 Litas. One finds 1, 2 only rare - or 5-Litas-Scheine, her are however still valid. The 100 - and 500-Litas-Scheine gives it since 2000, the 200-Litas-Scheine since 1997.
The lights represent the following litauische personalities:
Since the Litas is bound 3.4528 LTL 4 for February 2002 in preparation on the entry to the euro over a Currency board with the firm rate of exchange of 1 EUR = at the euro. Before the Litas was bound 4 LTL to the US Dollar with the course of 1 USD =. The euro course of 1:3,4528 reflects the rate of exchange relationship at that time from euro to US Dollar.
On 27 June 2004 the entry to the rate of exchange mechanism II. took place together with Estonia and Slowenien.
To 16. May 2006 recommended the European commission, Lithuania, to take up due to its easily over the Maastricht criteria lying inflation, not to 1 January 2007 to the euro zone. The final decision over an admission in the year 2007 presumably falls the Ecofin advice on 11 July 2006.
Litaui euro coins
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