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
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins.
A more general def ...
and of
Syria
Syria ( ar, سُورِيَا or سُورِيَة, translit=Sūriyā), officially the Syrian Arab Republic ( ar, الجمهورية العربية السورية, al-Jumhūrīyah al-ʻArabīyah as-Sūrīyah), is a Western Asian country loc ...
. 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
The term modern period or modern era (sometimes also called modern history or modern times) is the period of history that succeeds the Middle Ages (which ended approximately 1500 AD). This terminology is a historical periodization that is applie ...
in England, France, and
Italy. In each of these countries the ''libra'' was translated into local language:
pound
Pound or Pounds may refer to:
Units
* Pound (currency), a unit of currency
* Pound sterling, the official currency of the United Kingdom
* Pound (mass), a unit of mass
* Pound (force), a unit of force
* Rail pound, in rail profile
Symbols
* Po ...
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 a popular currency in the Eastern Mediterranean trade.
During the 19th century, the
Ottoman Empire and the
Eyalet of Egypt
The Eyalet of Egypt (, ) operated as an administrative division of the Ottoman Empire from 1517 to 1867. It originated as a result of the conquest of Mamluk Egypt by the Ottomans in 1517, following the Ottoman–Mamluk War (1516–17) and th ...
adopted the ''lira'' as their national currency, equivalent to 100
piasters or
kuruş. When the Ottoman Empire collapsed in years 1918–1922, many among the successor states kept the lira as their national currency. In some countries, such as
Cyprus, which have belonged to both the Ottoman Empire and the British Empire, the words ''lira'' and ''
pound
Pound or Pounds may refer to:
Units
* Pound (currency), a unit of currency
* Pound sterling, the official currency of the United Kingdom
* Pound (mass), a unit of mass
* Pound (force), a unit of force
* Rail pound, in rail profile
Symbols
* Po ...
'' are used interchangeably.
Lira sign
For the
Turkish lira, the
Turkish lira sign () is used. The
Lebanese lira uses (before numerals) or (after numerals) in
Latin and in
Arabic. The
Syrian lira uses (before numerals) or (after numerals) in
Latin and in Arabic.
The
Italian lira had no official sign, but the abbreviations and and the symbols (two bars), (one bar) were all commonly used.
The
Maltese lira used before 1986 and thereafter (both as prefixes), though £M continued to be used in unofficial capacities.
The
Unicode system allocated to the Lira, to provide compatibility with a legacy HP character set.
As with , where
the one-bar and the two-bar versions are treated as
allographs and the choice between them is merely stylistic, no evidence has been found that either style predominated in Italy or anywhere else.
Current uses
Turkey
The
Turkish lira was introduced in 1844 during the
Ottoman reign. The Turkish lira is now the currency of Turkey and the
Turkish Republic of Northern Cyprus, and used in
Turkish-occupied northern Syria.
Lebanon and Syria
The
Lebanese pound and
Syrian pound
The Syrian pound or lira ( ar, الليرة السورية, al-līra as-sūriyya; abbreviation: LS or SP in Latin, ل.س in Arabic, historically also £S, and £Syr; ISO code: SYP) is the currency of Syria. It is issued by the Central Bank o ...
are both called "lira" () in
Arabic, the national language of both Lebanon and Syria.
Historic use
Italy
The lira was the currency of Italy from
its unification until it was merged into the
euro in 1999.
A unit of currency lira had previously been used in some of the states and possessions that became Italy but their values were not necessarily equivalent. (See
Luccan lira,
Papal lira,
Parman lira,
Sardinian lira and
Tuscan lira.)
Former currencies named lira
*
Cypriot lira/pound 1879–2007; merged into the
euro, 2008
*
French livre 781–1794; became the French
franc
*
Israeli lira/pound 1948–1980; replaced by the
old shekel in 1980.
*
Italian lira 1861–2002; merged into the
euro, 1999 (notes and coins from 2002)
*
Italian East African lira 1938–1941; supplanted by the
East African shilling
*
Italian Somaliland lira 1925–1926; replaced by the Italian East African lira
*
Luccan lira until 1800 and 1826–1847; merged into the Italian lira
*
Maltese lira 1825–2007; merged into the
euro, 2008
*
Neapolitan lira 1812–1813; merged into the Italian lira
*
Ottoman lira 1844–1923; became the Turkish lira
*
Papal lira 1866–1870; became the Vatican lira at par with the Italian lira
*
Parman lira before 1802 and 1815–1859; merged into the Italian lira
*
Sammarinese lira 1860s–2002; merged into the euro
*
Sardinian lira 1816–1861; merged into the Italian lira
*
Tripolitanian lira
The lira (, plural: ''lire'', abbreviation: MAL), officially known as the Military Authority Lira, was the currency of the British zone of occupation (later Mandate Territory) in Libya between 1943 and 1951, and of the province of Tripolitania un ...
1943–1951; replaced by the
Libyan pound
*
Tuscan lira until 1807 and 1814–1826; merged into the Italian lira
*
Vatican lira 1929–2002; merged into the euro
*
Venetian lira 1472–1807; merged into the Italian lira
See also
*
Pound (currency)
Pound is the name for a unit of currency. It is used in some countries today and previously was used in many others. The English word ''pound'' derives from the Latin expression , in which lībra is a noun meaning "pound" and ''pondō'' is an adv ...
, the linguistic equivalent of the word "lira" in
English.
*
Lira sign
Lira is the name of several currency units. It is the current Turkish lira, currency of Turkey and also the local name of the Lebanese pound, currencies of Lebanon and of Syrian pound, Syria. It is also the name of several former currencies, ...
, which varies by currency, as does its status
Further reading
*Carlo M. Cipolla, ''Le avventure della lira'', Bologna, Il Mulino, 1975.
*Stefano Poddi, "La lunga storia della lira", stralcio, ''Fondazioni, n. 2 marzo-aprile, 2008. Roma.
*Stefano Poddi, "La lunga storia della lira", articolo completo, ''Difesa e Lavoro'', settembre 2008.
References
External links
Overview of Italian lira from the BBC
{{coord, 2, 14, N, 32, 54, E, type:city_source:kolossus-rowiki, display=title
Currencies of Europe
Currencies of Italy
Currencies of Malta
Currencies of San Marino
Currencies of Vatican City