Remembering the Liras

Before Euros, Liras was the official Italian currency.
On 1st January 2002, when the Euro became official, both currencies circulated and were accepted for a few months. Then, on 1st March 2002, the Liras were officially withdrawn. However, Lira coins and notes can still be exchanged at the Banca d’Italia branches until 29th February 2012.
The exchange rate is 1.936,27 Italian liras to 1 Euro.