The Vatican had its own Lira - it issued its own coins (albeit some
produced by the Italian state mint). With the Euro, the Vatican has,
from the European Central Bank, its own allocation from the universe
of Euros that can be issued by each monetary authority (as does San
Marino).
Vatican Euros are not Italian Euros although they are worth exactly
the same, and each countries' Euros circulate in both neighboring
countries and are mutually accepted as legal tender.
The Vatican situation wasn't much diferent in the Lira days than that
which exists in Panama. As far as I know from my Canal Zone days,
Panama has the Balboa which is worth exactly the same as a US dollar,
but it has never issued Balboa banknotes, only Balboa coins. For
banknotes, US dollar bills circulate. Unlike Rome, however, Balboa
coins don't circulate in the US and are not legal tender here.
LN
--- In
BoundaryPoint@yahoogroups.com, "Wolfgang Schaub"
<Wolfgang.Schaub@c...> wrote:
> There is other nonsense in the "Universal Currency Converter": They
speak of
> a Vatican Lira (obsolete). To my knowledge this was always the
Italian Lira,
> as it is, by the way, in Seborga: The Luigino is fiction, as far as it
> claims to be a currency; it is reality, as far as it is a souvenir
that you
> can buy in shops in Seborga at a rate dictated by Sua Altissima Serenita
> Prince Giorgio I. Still to-date, Prince Giorgio believes it makes
sense to
> set the "exchange rate" at 1 : 6 to the US Dollar. Tomorrow he may
choose to
> set a new rate "bound" to the Euro or the Swiss Franc. He will go on
doing
> his nonsense at the pleasure of Silvio Berlusconi, and make a lot of
money
> for Seborga, through the stupidity of (American) tourists. "Look, honey,
> it's so easy to change; they gonna give us 1 for 6 bucks".
>
> Wolfgang
> -----Ursprungliche Nachricht-----
> Von: Asher Samuels [mailto:asher972@y...]
> Gesendet: Donnerstag, 3. Februar 2005 13:34
> An: BoundaryPoint@yahoogroups.com
> Betreff: Re: [BoundaryPoint] Seborga's currency
>
>
> It could be in there as a copyright trap.
> --- Brendan Whyte <bwhyte@u...> wrote:
>
> > If you go to the Universal Currency Converter
> > http://www.xe.com/ucc/full.shtml
> > you will find Seborga's Luigino currency listed alongside all other
> > national currencies...
> > 1 SPL = 4.60780 EUR
> > 1 EUR = 0.217023 SPL
> >
> > intriguing...
> >
> >
> > Brendan
>
>
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