Information on currency : Vatican lira
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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.