Lombardo-Venetian florin

Currency of Lombardy-Venita

The florin was the currency of Lombardy-Venetia (reduced to the sole Venetia three years before) between 1862 and 1866.

History

It replaced the lira at a rate of 1 florin = 3 lire. The florin was equivalent to the Austro-Hungarian florin. Although it was subdivided into 100 soldi rather than 100 kreutzers, Austrian coins circulated in Venetia. The only coins issued specifically for Venetia were copper 1⁄2 and 1 soldo pieces. The name soldo was chosen due to the equivalence of the predecimal kreutzer and soldo, both worth 1⁄120 of a Conventionsthaler.

The florin was replaced by the Italian lira at the rate of 1 lira = 40+1⁄2 soldi (1 florin = 2.469 lire). This rate corresponded to the comparative silver contents of the lira and florin coins.

See also

References

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External links

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Historic currency and coinage of Italy
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