Information on currency : Vatican lira

Page last updated on December 9, 2023

Currency code (ISO 4217):

VAL

Numeric code:

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Currency symbol:

Subunit (quantity):

None

Country or territory:

Vatican City State (VA)

Status:

No longer in use

Replaced by

Euro (EUR)

Exchange rate mechanism:

Monetary authority:

(created: )

The Vatican Lira was the official currency of the Vatican City before the state joined the Eurozone. It was in use until the adoption of the Euro in 2002.

The Vatican Lira was the currency used by the Vatican City from its creation in 1929 until the adoption of the Euro. It was replaced by the Euro on January 1, 2002, when the Vatican City, along with several other European countries, adopted the common currency.

Subunits

The Vatican Lira was divided into 100 centesimi.

Coins and Banknotes

The Vatican Lira had various denominations of coins and banknotes. Coins were issued in centesimi and Lira, while banknotes were issued in various denominations.

Euro Adoption

The Vatican City adopted the Euro on January 1, 2002. From this date, the Vatican Lira ceased to be legal tender, and all transactions switched to the Euro.

Since the adoption of the Euro, the Vatican Lira is no longer in circulation, and any remaining banknotes and coins are considered collector's items. The Euro is now the official currency used in the Vatican City.

Exchange Rate

The exchange rate at which the Vatican Lira was replaced by the Euro was fixed at 1 Euro = 1,936.27 Vatican Lira.