Italy - 50 Italian Lire - P-66 - 1944 dated Foreign Paper Money
Inv# FM2624 Foreign Paper Money
50 Lire, P-66. The lira served as the official currency of Italy from 1861 until 2002. It was first introduced by the Napoleonic Kingdom of Italy in 1807, valued equivalently to the French franc, and was later adopted by the various states that united to form the Kingdom of Italy in 1861. The lira was divided into 100 centesimi (singular: centesimo), which translates to "hundredths" or "cents." Additionally, the lira was utilized as the currency of the Albanian Kingdom from 1941 to 1943. The name "lira" is derived from "libra," which was the principal unit of the Carolingian monetary system that was prevalent in Western Europe and other regions from the 8th to the 20th century. This system is the precursor to several currencies, including the French livre tournois (the forerunner of the franc), the Italian lira, and the pound sterling along with its related currencies.
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