Prior to its adoption of the euro, Italy used a currency called the lira. The value of the lira was first established in 1861. Before the full adoption of the lira in 1865, various areas of Italy used differing currencies.
The Papal States used a currency called the scudo. Parma, Naples and the Kingdom of the Two Sicilies called their currency the piastra, although the value of the currency varied depending on the issuing state. Sardinia, Parma and Tuscany used an early form of the lira, while the currency issued by Lombardy-Venetia was called a florin. Italy began using the euro in 2002.Learn More
Coins last for about 25 years before they are too worn down to remain in circulation, according to the U.S. Mint. Unusable coins are recycled, and the metal is reused in new coins.Full Answer >
A Turkish coin is called a lira. There have been two distinct versions of the lira. The first was introduced in 1824 and was the currency of Turkey until 2005. In 2005, the new lira was introduced.Full Answer >
As of May 2014, the strongest currency in the world is the Kuwaiti dinar. In relation to U.S. dollars, 1 Kuwaiti equals $2.847. Kuwait is located on the Arabian Peninsula, contains the fifth largest oil reserve in the world and is often ranked among the top ten richest countries.Full Answer >
The value of an Italian coin depends on a number of factors, the most important being the age and condition. Newer coins are generally only worth their face value, while older coins could be worth more to collectors.Full Answer >