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What was Italy’s currency called before they adopted the euro?
Answer – Lira – Before adopting the euro in 2002, Italy used the lira as its currency. Charlemagne introduced Europe to the lira in the eighth century, basing it on the pound of silver, but it wasn’t until the 16th century that lira coins were actually produced. The Kingdom of Sardinia was the first Italian state to use the lira, and after all of Italy was unified, the entire country adopted the currency. In the mid-19th century, the lira was redefined under the decimal system, which made 100 centesimi equal to 1 lira. Although Italy now uses the euro, the lira remains the currency of Turkey, which adopted it in 1881 during the reign of the Ottoman Empire.:Conclusion
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