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Lithuania and the euro

04 February 2008
by eub2 -- last modified 04 February 2008

Lithuania joined the European Union in 2004 and is currently preparing to adopt the euro.


Lithuania at a glance

Surface area: 65 300 km2
Population: 3 384 879 (Eurostat 2007)
Joined the European Union: 1 May 2004
Currency: litas (LTL)

Euro information

Status: Lithuania is not yet a member of the euro area. The litas joined the Exchange Rate Mechanism (ERM II) on 28 June 2004 and observes a central rate of 3.45280 to the euro with standard fluctuation margins of ±15%.

Exchange rate: The current euro to litas foreign exchange reference rate can be consulted on the website of the European Central Bank (updated daily).

Adoption of the euro: Lithuania does not have a target date to adopt the euro, but aims to do so as soon as possible, most likely in the period from 2010 onwards, when the government expects the most favourable conditions.

Documents and publications

Practical preparations

EU official documents


Press releases

Opinion polls and surveys:


Euro portals




Source: European Commission