I have a 10000 Italian lire note, how much would it be worth today?

Question

Yeah but I read that there is a law in Italy that allows for the old currency to be traded in for Euro's for 10 years after the initial conversion in 2002.

Answer 1

Absolutely nothing. Italy uses the euro and all citizens were required to convert their currency several years ago.

Answer 2

1 €=1936, 27lire, so 10000lire are about 5€..Anyway, here there's an example:

before the EURO, with the LIRA, if you went to a pizzeria you could eat: with 10000 lire

pizza margherite (cheese and tomato) = 5000 lire

fanta or coke= 2000 lire

chips= 2000 lire

ice cream= 1000 lire

NOW, with 5€

pizza margherita= 3€

fanta or coke= 1,60 €

NOTHING ELSE, because you have already spent 4,60€

Answer 3

10000 Italian lire would be worth 5.16 Euros today. Bank notes can be still exchanged at the Bank of Italy offices until February 29, 2012.

Answer 4

almost 10 bucks