Rome's Type of Currency
The Euro (EUR), which was introduced in 1999, is the type of currency used in Rome. The Euro is used throughout the continent, by 16 of the Member States in the European Union.
Equivalent
Just like the American dollar, one Euro is the equivalent to 100 cents, however, coins are available for 1 Euro and 2 Euros.
Bills
Rome's currency is available in 5, 10, 20, 50, 100, 200 and 500 Euro notes. Traveler's checks are also available in Euro denominations.
Exchange Rate
The exchange rate for the Euro will vary daily, however, it is consistently worth more than the U.S. dollar, the Japanese yen or the Indian rupee.
Former Currency
Before the introduction of the Euro, the Italian lira (ITL) was the type of currency used in Rome. Bronze coins, called "as" and "sestertius" were used in Ancient Rome.
Interesting Fact
Though the Euro was introduced to the European nations on January 1, 1999, Italy did not replace the lira with the Euro until February 28, 2002.
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