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Lombardo-Venetian florin

From Wikipedia, the free encyclopedia

The fiorino was the currency of Lombardy-Venetia (reduced to the sole Venetia three years before) between 1862 and 1866.

History

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It replaced the lira at a rate of 1 fiorino = 3 lire. The fiorino was equivalent to the Austro-Hungarian florin. Although it was subdivided into 100 soldi rather than 100 kreutzers, Austrian coins circulated in Venetia. The only coins issued specifically for Venetia were copper 12 and 1 soldo pieces. The name soldo was chosen due to the equivalence of the predecimal kreutzer and soldo, both worth 1120 of a Conventionsthaler.

The fiorino was replaced by the Italian lira at the rate of 1 lira = 40+12 soldi (1 fiorino = 2.469 lire). This rate corresponded to the comparative silver contents of the lira and fiorino coins.

See also

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References

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  • Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
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