Currency in Lithuania: exchange, import, money. What is the currency in Lithuania?

Currency in Lithuania

Currency in Lithuania

Lithuania is one of several countries,outside the EU, which does not use the euro as a major currency. So what is the currency in Lithuania? Lithuania uses its own currency, called literary. This currency was used from 1922 to 1941, then from 1993 to the present day. Lita traded in the form of coins and banknotes. Coins in denominations of 1, 2, 5, 10, 20, 50 cents and 1, 2, 5 litas. The paper version of money in Lithuania are available in denominations of 10, 20, 50, 100, 200 and 500 litas.

Short story

After World War Lithuania asthe main currency used the money of other countries, such as Germany. In mid-1922 the German currency has experienced serious inflation, which greatly affected the economy of Lithuania. That is why the Government had decided to introduce its own currency, which became litas.
As noted above, the first LTL useduntil 1941, in this year Lithuania joined the USSR, respectively, the main currency for Lithuanians was the Soviet ruble. Then, after the collapse of the USSR as money used coupons. It was a temporary currency, which was subsequently replaced by the litas in 1993.

What currency to take to Lithuania

A very important issue that must besolved even before the flight to the country. Overall, Lithuania can take any currency exchange offices are available. But more preference is to give the euro, as the exchange rate is fixed or dollars. Ruble exchange the litas will be possible, but the course can be very disadvantageous. The course of the euro - 1 euro = 3.4528 LTL.
Import of currency in Lithuania has no restrictions, and this also applies to foreign and local currency. Export of currency also has limitations.

Currency exchange in Lithuania

Arriving in Lithuania it is necessary to exchangeforeign currency on the local, as you will not be able to pay for services even in dollars or euros. Therefore, the first place where you can change a part of the currency - this airport. Why part? Because airports are often unfavorable exchange conditions, such as high commission. Directly in the city, you can contact your bank or a specialized exchange, where you can exchange for favorable conditions of the remaining money.

Plastic cards

In Lithuania, many services can be paid bycredit card, for example, in shops, restaurants, hotels, etc. You can also withdraw money from the card at ATMs, they are pretty much on the streets or in banks' branches.

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