ITL to EUR Exchange Rate Overview ITL / EUR

The Italian Lira (ITL) was replaced by the Euro (EUR) in 2002 at a fixed rate of 1936.27 ITL per EUR. This page provides historical context and conversion information.

Amount From

To

Converted amount

0.0005 EUR

Exchange rate
1 ITL = 0.000509 EUR

Updated
8/9/2026 12:00 AM

Source
ApiForex Managed Source 3

About this conversion

The Italian Lira (ITL) was the official currency of Italy before being replaced by the Euro (EUR) in 2002. The conversion rate was fixed irrevocably at 1 EUR = 1936.27 ITL. This means that to convert Lira to Euros, you divide the amount in Lira by 1936.27. For example, 1,000,000 ITL would be approximately 516.46 EUR.

Although the Lira is no longer legal tender, it remains relevant for historical financial records, old contracts, or personal collections. The Euro is now the sole currency used in Italy, and all transactions are conducted in Euros. The fixed conversion rate ensures that any historical Lira amounts can be accurately translated into Euros for accounting or comparative purposes.

For those looking to convert old Lira notes or coins, it is important to note that the Bank of Italy exchanged Lira for Euros until February 29, 2012. After that date, Lira coins and notes are no longer exchangeable at the central bank. However, the fixed conversion rate remains a standard reference for any historical calculations.

Current exchange rate

1 ITL = 0.000509 EUR

Converted amount

1.00 ITL = 0.0005 EUR

Updated: 8/9/2026 12:00 AM
Source: ApiForex Managed Source 3

Inverse rate: 1 EUR = 1,965.859902 ITL

Common conversion amounts

1 ITL0.0005 EUR

5 ITL0.0025 EUR

10 ITL0.0051 EUR

50 ITL0.0254 EUR

100 ITL0.0509 EUR

500 ITL0.2543 EUR

1,000 ITL0.5087 EUR

How the {0} to {1} conversion works

The ITL/ITL converter shows how much ITL you receive for an amount in ITL, using the latest available market rate.

To convert ITL into EUR, enter an amount above. The result is calculated by multiplying the amount in ITL by the current ITL/EUR rate. You can also swap the currencies to calculate the reverse pair.

Current exchange rate

1 ITL = 0.000509 EUR

Frequently asked questions

What is the current ITL to EUR exchange rate?

The current rate is shown above with its update time and data source. It is an indicative market rate and may differ from the final rate applied by a bank, card or exchange service.

How do I convert ITL to EUR?

Enter the amount, choose the two currencies and the result updates automatically. No registration is required.

Fees and provider margins

Banks, cards and exchange services may add a fee or margin to the indicative market rate. Compare the final amount received, not only the advertised rate.

Currency facts

Italian Lira (ITL): Italy · Fixed to the euro at a rate of 1 EUR = 1936.27 ITL · Banca d'Italia
Euro (EUR): Austria, Belgium, Croatia, Cyprus · Free-floating · European Central Bank