Lira (which I know are no longer in use, Italy went Euro, didn’t they?) always struck me as insane. It took what…a thousand lira to make a buck?
So what kind of numbers were they workin with when it came to millions, billions and trillions of dollars? And what are those numbers called, and did Italy really use them?
I gots ta know!
Italy do use the Euro.
The last exchange rate I saw had USD1 = ITL1,988.
US trillion: USD1,000,000,000,000 = ITL1,988,000,000,000,000
Non-US trillion: USD1,000,000,000,000,000,000 = ITL1,988,000,000,000,000,000,000
…and some information on terms:
Thanks, Crusoe!
I know this is an old thread, but I just thought I’d point out that even though Italy no longer uses lire, Turkey does - and its exchange rate is even more absurd, being currently TRL1,664,864.30 = USD1 (Currency converter)
Silliness. Well, no not really.
I’d love it if the euro eventually becomes a credit.
1 million credits buys you a gram of gold.
I recently visited Slovenia (used to be part of Yugoslavia).
On checking out, I was informed that my hotel bill was…
136,000 tolars (the local currency) :eek:
Fortunately that is about £370 (approx $500).
Phew.
Do they even make fractions of Turkish Lira? How would you get the .30? How do you write a check for, say, a house? “One trillion, four hundred nineteen billion, six hundred forty-seven million, nine hundred thousand and --------- [sup]00[/sup]/[sub]100[/sub] Turkish Lira”?