Does Italy still use Lira as their currency, or are they using the Euro?

Question

Are there no more Lira? Is it now worthless? I found 1700 Lira, and would like to cash it in! (I wonder how much that is?)

Answer 1

Italy uses the Euro.

Banks will not exchange Lira anymore.

You can keep the Lira as a souvenir or a currency collector might give you a LITTLE bit for it (too common to be worth a lot).

http://en.wikipedia.org/wiki/Italian_lir...

The lira was the official unit of currency in Italy until January 1, 1999, when it was replaced by the euro (euro coins and notes were not introduced until 2002). Old lira denominated currency ceased to be legal tender on February 28, 2002.

Answer 2

Italy is now using the Euro.

The Lira has no value anymore...

Answer 3

Europe has all switched over to the Euro. Lira aren't worthless, but you'll have to take it to a money changer or a bank to get it converted to lira.

Answer 4

They are on the Euro now.  The lira is probably more like a keepsake sorta thing.  But search around you never know.  You could probably sell it on eBay in like 20 years and get a fortune.

Answer 5

1700 lira = about $1 USD.  Sorry.  :(  

Euro is used now.

Answer 6

The country of Italy has been using the euro and the lira is basically worthless as it was devalued before they converted over to the euro.

Answer 7

No Italy has gone to Euro. Your best bet is to contact a bank there---Bank di Roma or something like that.