| lira sammarinese (Italian) | |
|---|---|
 200 Lire Coin 1989 | |
| ISO 4217 | |
| Code | ITL (abbreviationSML is used) |
| Unit | |
| Unit | lira |
| Plural | lire |
| Symbol | L. (None official, seeItalian lira) |
| Denominations | |
| Subunit | |
| 1⁄100 | centesimo Subunits were abolished afterWWII |
| Plural | |
| centesimo | centesimi (c.) |
| Banknotes | Italian lira banknotes |
| Coins | |
| Freq. used | 50, 100, 200, 500, 1,000 Lire |
| Rarely used | 1 Lira, 2, 5, 10, 20 Lire |
| Demographics | |
| User(s) | None, previously: Italy, San Marino, Vatican City |
| Issuance | |
| Central bank | Banca d'Italia |
| Website | www |
| Valuation | |
| EU Exchange Rate Mechanism(ERM) | |
| Since | 25 November 1991[a] |
| Withdrawn | 16 September 1992 (Black Wednesday) |
| Fixed rate since | 17 August 1992 |
| 1 € = | 1,936.27 Lire |
This infobox shows the latest status before this currency was rendered obsolete.
| |
Thelira (plurallire; abbreviation:SML) was the currency ofSan Marino from the 1860s until it was replaced by theeuro on 1 January 2002. It was equivalent andpegged to theItalian lira.[1]Italian coins and banknotes andVatican City coins were legal tender in San Marino, while Sammarinese coins, minted inRome, were legal tender throughoutItaly, as well as in theVatican City.
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San Marino's first coins were copper c.5, issued in 1864. These were followed by copper c.10, first issued in 1875. Although these copper coins were last issued in 1894, silver c.50, 1 Lira, 2 Lire and 5 Lire were issued in 1898, with the 1 Lira and 2 Lire also minted in 1906.
The Sammarinese coinage recommenced in 1931, with silver 5 Lire, 10 Lire and 20 Lire, to which bronze c.5 and c.10 were added in 1935. These coins were issued until 1938.
In 1972,San Marino began issuing coins again, in denominations of 1 Lira, 2 Lire, 5 Lire, 10 Lire, 20 Lire, 50 Lire, 100 Lire and 500 Lire, all of which were struck to the same specifications as the correspondingItalian coins. 200 Lire coins were added in 1978, followed by bimetallic 500 Lire and 1,000 Lire in 1982 and 1997, respectively. 50 Lire and 100 Lire were reduced in size in 1992. All of these modern issues changed design every year.
Lire coins forSan Marino discontinued after the introduction of the euro. However,San Marino has licence to—and periodically does—issue its owneuro coins.
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