No, the Italian lire and the euro are not the same. The Italian lire was the official currency of Italy until it was replaced by the euro in 2002. The euro is now the official currency, and the exchange rate when the transition occurred was set at 1 euro = 1,936.27 lire.
The value of 1 euro in 2002, when the euro was introduced as a currency, was set at a conversion rate of approximately 1.17 US dollars. However, the euro's value fluctuated throughout the year based on market conditions. For precise historical values, it is best to consult specific financial data from that time.
kandla - 1965
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The euro was primarily established through the efforts of the European Union, particularly the Maastricht Treaty, which was signed in 1992 and came into effect in 1993. This treaty laid the groundwork for the economic and monetary union of EU member states and set the criteria for adopting the euro. The European Central Bank (ECB) played a crucial role in managing the euro's implementation and monetary policy. Ultimately, the euro was officially launched in 1999 as an electronic currency, with physical banknotes and coins introduced in 2002.
Officially in Banks and exchange bureau. But every shopkeepers may take payment in Euro (because exchange rate between Euro and Bulgaria Leva is fixed by IMF and European Bank , and not changes at each day. The so called fixed UNOFFICIAL exchange rate is 1 Euro - 1.95 Leva
The United Kingdom is not the only country in Europe that does not use the Euro as their currency. Only 17/50 countries in Europe use the Euro (which is about 1/3 of European countries). Ireland, Portugal, Spain, France, Malta, Italy, Slovenia, Slovakia, Greece, Cyprus, Austria, Germany, Luxembourg, Belgium, the Netherlands, Finland, and Estonia.
It would take you 2-3 years to set it up and to take it down 2-3 years aswell and that's a long time
It depends. If you are working alone, expect it to take a few hours to do. If you have people helping you, it will not take as long.
No people are featured on any Euro banknotes, furthermore there is only one set of Euro note designs, so the French note is exactly the same as all other Euro notes.
Hungary still uses the Forint. A date for it changing to the euro has not been set yet.
2 hours
No, the Italian lire and the euro are not the same. The Italian lire was the official currency of Italy until it was replaced by the euro in 2002. The euro is now the official currency, and the exchange rate when the transition occurred was set at 1 euro = 1,936.27 lire.
Probally a year or two
200 hours
8 hrs
The exchange rate between the francs and Euros was set at 6.55957 francs for one Euro, so one franc was worth 0.1524 Euro at the time of the switch.