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Italian Lire
The lira (; plural lire) was the currency of Italy between 1861 and 2002. It was first introduced by the Napoleonic Kingdom of Italy in 1807 at par with the French franc, and was subsequently adopted by the different states that would eventually form the Kingdom of Italy in 1861. It was subdivided into 100 ''centesimi'' (singular: ''centesimo''), which means "hundredths" or "cents". The lira was also the currency of the Albanian Kingdom from 1941 to 1943. The term originates from ''libra'', the largest unit of the Carolingian monetary system used in Western Europe and elsewhere from the 8th to the 20th century. The Carolingian system is the origin of the French ''livre tournois'' (predecessor of the franc), the Italian lira, and the pound unit of sterling and related currencies. In 1999 the euro became Italy's unit of account and the lira became a national subunit of the euro at a rate of €1 = Lit. 1,936.27, before being replaced as cash in 2002. History Etymology ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centesimo
''Centesimo'' (plural centesimi) is the Italian word for " cent", derived from the Latin ''centesimus'' meaning "hundredth". In Italy it was the division of the Italian lira. Currencies that have centesimo as subunits include: Circulating * Swiss franc (in Italian, see Rappen) * Euro cent (in Italian, see Cent (currency)) Obsolete * Italian lira * Papal lira * Parman lira * Sammarinese lira * Sardinian lira * Vatican lira The lira (plural ''lire''; abbreviation: VAL) was the currency of the Vatican City between 1929 and 2002. It was not a separate currency but an issue of the Italian lira; the Banca d'Italia produced coins specifically for Vatican City. History ... References Coins of Italy {{Money-unit-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian Naira
The naira (currency sign, sign: ₦; ISO 4217, code: NGN) is the currency of Nigeria. One naira is divided into 100 ''kobo''. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency Operations Department of the CBN is in charge of currency management, through the designs, procurement, distribution and supply, processing, reissue and disposal or disintegration of bank notes and coins. History The naira was introduced on 1 January 1973, replacing the Nigerian pound at a rate of £1 = ₦2 naira. The coins of the new currency were the first coins issued by an independent Nigeria, as all circulating coins of the Nigerian pound were all struck by the Colonial Nigeria, colonial government of the Federation of Nigeria in 1959, with the name of Elizabeth II, Queen Elizabeth II on the obverse. This also made ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postage Stamps And Postal History Of Italy
This is an introduction to the postal and philatelic history of Italy. As Italy was not unified until 1861, its early postal history is tied to the various kingdoms and smaller realms that ruled in the peninsula. Pre-unification Napoleonic Italy (1805–1814) During the Napoleonic Wars, the geopolitical instability of the region led to a wide variety in postal systems. In the Kingdom of Italy, the short-lived Italian Republic, and other dependent regions, Napoleon appointed postal administrators loyal to him. After the Treaty of Paris in 1814, the independent Italian kingdoms regained control of their postal systems. 1814–1860 The ''Cavallini'' ("little horses") of Sardinia was an early private mail service, notable for the introduction of prepaid stamped lettersheets in 1819. The first postage stamps in Italy were also issued by the Sardinian kingdom. In 1850, Count Camillo Cavour drafted a report to the Chamber of Deputies of the Kingdom of Piedmont-Sardinia pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Italy
The Bank of Italy (Italian: ''Banca d'Italia'', informally referred to as ''Bankitalia''), (), is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The bank's current governor is Ignazio Visco, who took the office on 1 November 2011. Functions After the charge of monetary and exchange rate policies was shifted in 1998 to the European Central Bank, within the European institutional framework, the bank implements the decisions, issues euro banknotes and withdraws and destroys worn pieces. The main function has thus become banking and financial supervision. The objective is to ensure the stability and efficiency of the system and compliance with rules and regulations; the bank pursues it through secondary legislation, controls and cooperation with governmental authorities. Following a reform in 2005, which was prompted by takeover scandals, the bank has lost exclusive antitrust authority in the credit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sign
The pound sign is the symbol for the pound unit of sterling – the currency of the United Kingdom and previously of Great Britain and of the Kingdom of England. The same symbol is used for other currencies called pound, such as the Gibraltar, Egyptian, Manx and Syrian pounds. The sign may be drawn with one or two bars depending on personal preference, but the Bank of England has used the one-bar style exclusively on banknotes since 1975. In Canada and the United States, "pound sign" refers to the symbol (number sign). Origin The symbol derives from the upper case Latin letter , representing ''libra pondo'', the basic unit of weight in the Roman Empire, which in turn is derived from the Latin word, ''libra'', meaning scales or a balance. The pound became an English unit of weight and in England became defined as the tower pound (equivalent to 350 grams) of sterling silver. According to the Royal Mint Museum: However, the simple letter L, in lower- or uppercase, was use ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lira
Lira is the name of several currency units. It is the current currency of Turkey and also the local name of the currencies of Lebanon and of Syria. It is also the name of several former currencies, including those of Italy, Malta and Israel. The term originates from the value of a Roman pound ( la, libra, about 329g, 10.58 troy ounces) of high purity silver. The libra was the basis of the monetary system of the Roman Empire. When Europe resumed a monetary system, during the Carolingian Empire, the Roman system was adopted. The Roman denominations ''librae'', ''solidi'', ''denarii'' were used (becoming known in England as £sd). Particularly this system was kept during the Middle Ages and Modern Age in England, France, and Italy. In each of these countries the ''libra'' was translated into local language: pound in England, livre in France, ''lira'' in Italy. The Venetian lira was one of the currencies in use in Italy and due to the economic power of the Venetian Republic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency Symbol
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by the monetary authority, like the national central bank for the currency concerned. In formatting, the symbol can use various formattings: before, between or after the numeric amounts: , and , for example; this positioning is determined by national convention. The symbol is not defined or listed by ISO 4217: that only assigns three-letter codes to currencies (like for Azerbaijani manat) and special cases like gold and silver ( and respectively) that are used as financial instruments. Usage When writing currency amounts, the location of the symbol varies by language. Many currencies in English-speaking countries and Latin America (except Haiti) place it before the amount (e.g., R$50,00). The Cape Verdean escudo (like the Portuguese escudo, to which it was formerly pegged) places its symbol in the decimal separator position (e.g. 20$00). Banco de Cabo Verde.Moedas. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Denier
The denier ( la, denarius; . d.) or penny was a medieval coin which takes its name from the Frankish coin first issued in the late seventh century; in English it is sometimes referred to as a silver penny. Its appearance represents the end of gold coinage, which, at the start of Frankish rule, had either been Roman (Byzantine) or "pseudo-imperial" (minted by the Franks in imitation of Byzantine coinage). Silver would be the basis for Frankish coinage from then on. The ''denier'' was minted in France and parts of the Italian peninsula for the whole of the Middle Ages, in states such as the patriarchate of Aquileia, the Kingdom of Sicily, the Republic of Genoa, the Republic of Siena, and the crusader state Kingdom of Jerusalem, among others. History Coin Around AD 755, amid the Carolingian Reforms, Pepin the Short introduced a new currency system which was eventually adjusted so that 12 pence ( la, denarii; french: deniers) equaled one '' shilling'' ('; ' or ') and 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soldo
The soldo was an Italian medieval silver coin, issued for the first time in the late 12th century at Milan by Emperor Henry VI. The name derives from the late Roman coin ''solidus''. It quickly became widespread in Italy, where it was coined in Genoa, Bologna, and numerous other cities. In Venice, the soldo was minted from the reign of Francesco Dandolo onward, remaining in use also after the republic's dissolution in 1797 and during the Austrian occupation, until 1862. In the 14th century Florence, a ''soldo'' equaled of a ''lira'' and 12 '' denari''. As time passed, the ''soldo'' started to be coined in billon and, from the 18th century, in copper. During the reign of Leopoldo II of Tuscany (19th century), it was worth three '' quattrini''. The Napoleonic reformation of Italian coinage (early 19th century) made it worth 5 cents, while 20 ''soldi'' were needed to form a ''lira''. The term, used in medieval times to designate the pay of soldiers, became its synonym in both ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unit Of Account
In economics, unit of account is one of the money functions. A unit of account is a standard numerical monetary unit of measurement of the market value of goods, services, and other transactions. Also known as a "measure" or "standard" of relative worth and deferred payment, a unit of account is a necessary prerequisite for the formulation of commercial agreements that involve debt. Money acts as a standard measure and a common denomination of trade. It is thus a basis for quoting and bargaining of prices. It is necessary for developing efficient accounting systems. Economics Unit of account in economics allows a somewhat meaningful interpretation of prices, costs, and profits, so that an entity can monitor its own performance. It allows shareholders to make sense of its past performance and have an idea of its future profitability. The use of money, as a relatively stable unit of measure, can tend to drive market economies toward efficiency. Historically, prices were often ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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