The Italian Lira (ITL) is obsolete. It was replaced with the Euro (EUR) on January 1, 1999.
Online currency converters value 1,000.00 ITL for just about 0.50 USD.
Did you find some old Italian Lira banknotes or other pre-Euro currencies? Convert your leftover currency from Italy to valid funds via LeftoverCurrency.com.
See the evolution of the Lira ( Euro) / US Dollar prices over a year or the history of the rates over 10 years.
Tips! Find out the Best Places To Exchange Currency, shared by Investopedia.