Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Italy and the euro

    Italy and the euro

    eub2eub23 February 2008 Euro
    Share
    Facebook Twitter LinkedIn Pinterest Email
    — last modified 03 February 2008

    Italy is a founding member of the European Union and was one of the first-wave EU countries to adopt the euro on 1 January 1999.


    Advertisement


    Italy at a glance

    Surface area: 301 340 km2
    Population: 59 131 287 (Eurostat 2007)
    Joined the European Union: Founding member (25 March 1957)
    Currency: Euro since 1 January 1999 (formerly Italian lira, ITL)

    Euro information

    Status: Euro-area member since 1 January 1999.

    Fixed conversion rate: €1 = 1 936.27 ITL

    Adoption of the euro: The euro banknotes and coins were introduced in Italy on 1 January 2002, after a transitional period of three years when the euro was the official currency but only existed as ‘book money’. The dual circulation period – when both the Italian lira and the euro had legal tender status – ended on 28 February 2002.

    Exchange of former national currency: The Banca d’Italia (National Central Bank of Italy) will continue to exchange Italian lira banknotes and coins until 29 February 2012.

    Opinion polls and surveys

    • Public opinion and the single currency (Eurobarometer website)

    Downloads

    • National sides of Italian euro coins
    • Italian commemorative coins

    Websites

    Euro websites

    • Banknotes and coins (Bank of Italy website)
    • Archived websites on the euro

    Institutions

    • Banca d’Italia (Bank of Italy, also in English)
    • Ministero dell’Economia e delle Finanze (Ministry of Economy and Finance)
    • Istituto Poligrafico Zecca dello Stato (Italian Mint)

    Business

    • Euro Info Centres Italy
    • Associazione Bancaria Italiana (Italian Bankers’ Association)

    Consumers

    • Centro Europeo Consumatori Italia (European Consumer Centre Italy)
    • Altroconsumo
    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    eub2
    • Website

    eub2 is the default publisher for EUbusiness.

    Related Content

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    April currency outlook – Euro currency news

    Euro coins and notes - Photo by Pixabay

    Eurozone Economic Calendar

    Bulgaria euro - Photo © European Union 2025

    Bulgaria joins euro zone on 1 January, 2026

    Save on your money transfers with EUbusiness and OFX

    Euro notes and coins - Photo by Pixabay

    Euro facts and figures

    Convergence report reviews Member States’ progress towards joining euro area

    LATEST EU NEWS
    O'Sullivan - Minzatu - Photo © European Union 2026

    EU and UK take decisive step towards Erasmus+ association in 2027

    15 April 2026
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    April currency outlook – Euro currency news

    15 April 2026
    Chocolate - Image by jacqueline macou from Pixabay

    Brussels carries out antitrust raids in chocolate confectionery sector

    14 April 2026
    Pharmaceuticals - Photo by Laurynas Me on Unsplash

    EU has EUR 221 bn trade surplus on medicinal & pharma products

    14 April 2026
    Steel melting pool - Photo by Kateryna Babaieva on Pexels

    Deal reached on measures to protect EU steel market

    14 April 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?