Lithuanian litas

Lithuanian litas
Lietuvos litas (Lithuanian)
500 litai banknote (observe and reverse)
ISO 4217
CodeLTL
Unit
Plurallitai (nom. pl.) or litų (gen. pl.) or litu (nom. dl. in pre-war period)
SymbolLt (litas), ct (centas)
Denominations
Subunit
 1/100centas
Plural
centascentai (nom. pl.) or centų (gen. pl.) or centu (nom. dl. in pre-war period)
Banknotes10, 20, 50, 100, 200, 500 litų
Coins1 centas, 2, 5 centai, 10, 20, 50 centų, 1 litas, 2, 5 litai
Demographics
User(s)None, previously:
Lithuania
Issuance
Central bankBank of Lithuania
 Websitewww.lb.lt
Valuation
Inflation1.4%
 SourceEuropean Central Bank, April 2013
 MethodHICP
EU Exchange Rate Mechanism (ERM)
Since28 June 2004
Fixed rate since2 February 2002
Replaced by euro, cash1 January 2015
1 € =3.45280 Lt
Bandpegged in practice, 15% de jure

Lithuanian litas (Lithuanian: litas) was the national currency of the Republic of Lithuania. Litas became a currency of Lithuania in 1922, then again in 1993. In present days, there are 8 coins (1, 2, 5, 10, 50 cents and 1, 2 and 5 LTL) and 6 banknotes (10, 20, 50, 100, 200 and 500 LTL) in use. It stopped being in use in 2015.

General information

  • ISO 4217 Code: LTL
  • Inflation: 3.6 % (2006 estimate)
  • Subunit: 1/100 (1 cent (centas))
  • Symbol: Lt
  • Central bank: Bank of Lithuania