Everything about Lira totally explained
Lira is the name of the
monetary unit of a number of countries, as well as the former currency of
Italy,
Malta,
San Marino and the
Vatican City.
The term originates from the value of a
Troy pound (Latin
libra) of high purity silver, and as such is a direct
cognate of the
British pound sterling; in some countries, such as
Cyprus, the words
lira and
pound are used as equivalents.
L, sometimes in a double-crossed script form (
₤) or less often single-crossed (
£), is usually used as the symbol.
Etymology
The word
Libra developed its
Lira shape from
Italian, a language famed for its loss of initial consonants in two-part clusters (ie. Doctor =
dottore). Evidence of this still esists in
Great Britain and the
USA where
pound is a weight measurement, and represented by letters
lb.
Current uses
The
Turkish lira was introduced in the mid 1870s. The
New Turkish Lira, equivalent to 1,000,000 old lira, is the current
currency of
Turkey and
Northern Cyprus, issued on
January 1 2005.
The
Lebanese pound is called "lira or livre" in local languages.
The
Syrian pound is called "lira" in national language of Syria,
Arabic.
A widely-used name of
Jordanian dinar is lira.
Also:
The Bulgarian language refers to the English pound as
lira (or occasionally
paund to reflect English phonology) in opposition to Croatian which refers to the Italian as
liri and the English as
funti (from German).
Former currencies
Further Information
Get more info on 'Lira'.
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