Lire exchange rates

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magprise
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Lire exchange rates

Post by magprise »

Hello,

I have some old bank wire transfers between my relatives. One is from 1897 and is for 35 lire and the other is from 1906 and is for 200 lire.

Is it possible to find out what the currency exchange to US dollars would be?

Thanks,
GS
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JamesBianco
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Re: Lire exchange rates

Post by JamesBianco »

The Lire is no longer acceptable currency in Italy. It's all about the Euro.

:)
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magprise
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Re: Lire exchange rates

Post by magprise »

Hello,

Sorry, I wasn't too clear - I meant is there any way to find out what the exchange rate would have been in 1897 and 1906

Thanks,
GS
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wishyou
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Re: Lire exchange rates

Post by wishyou »

Look here (is in italian, but i think quit understable)
http://www.cronologia.it/potere.htm

At that time the exchange was 5.5 liras for every US Dollar.

As logical, to understand the real value, you have to think how much was the salary in that period and what was possibile to buy with one US dollar
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magprise
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Re: Lire exchange rates

Post by magprise »

Thank you so much for that website - it was very helpful.

GS
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