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Today we present a complete catalogue shared by the Bank of Lithuania (Lietuvos Bankas), which includes all commemorative and collector coins issued between 1993 and 2024. Until 2014, the official currency of Lithuania was the Lita, and since 2015, the country adopted the Euro as part of the single European currency.Before we delve into the catalogue, we will briefly review the history of the Lita and its transition to the Euro, a recent change that marked a milestone in the Lithuanian economy.
The Lita
The Lita was introduced in Lithuania in 1922, following the country's declaration of independence from the German occupation forces. It subsequently became the official currency of Lithuania again on 25 June 1993.
The reintroduction of the Lita was planned even before Lithuania achieved independence from the Soviet Union. The Bank of Lithuania was established on 1 March 1990, just 10 days before the country proclaimed its independence. In 1991, the Litas Committee was established to prepare the transition from the Soviet ruble to the new national currency and to define the exchange rate. However, its implementation was postponed until 1993 to allow the Lithuanian economy to stabilise after independence, thus avoiding exposing the Lita to high inflation. In addition, it was necessary to raise back-up funds to ensure its stability.
The reintroduction of the Lita was planned even before Lithuania achieved independence from the Soviet Union. The Bank of Lithuania was established on 1 March 1990, just 10 days before the country proclaimed its independence. In 1991, the Litas Committee was established to prepare the transition from the Soviet ruble to the new national currency and to define the exchange rate. However, its implementation was postponed until 1993 to allow the Lithuanian economy to stabilise after independence, thus avoiding exposing the Lita to high inflation. In addition, it was necessary to raise back-up funds to ensure its stability.
The Euro
Lithuania adopted the Euro on 1 January 2015, becoming the 19th country to join the Eurozone. This small country, with a population of less than three million, was originally scheduled to join the Eurozone on 1 January 2007. However, entry was delayed several times: first to 2010, then to 2013, due to failure to meet the convergence criteria set out in the 1992 Maastricht Treaty.
Catalog
Here you have the link to download this interesting catalogue <-PDF
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