The Lithuanian lita, symbol Lt, code LTL, is the official currency of Lituania and its nearly 3 million citizens. The lita is subdivided into 100 centas, and is written as litai in the plural tense. The Bank of Lithuania in Vilnius manages the lita.
The Lithuanian litas was first introduced in 1922, replacing the ostmark and the ostruble, which were issued by German forces occupying Lithuania during World War 1. The litas was replaced by the Soviet ruble in 1941 after Lithuania was annexed by the USSR. The litas replaced the ruble when Lithuania again became independent, and replaced the temporary talonas currency in 1993, at a rate of 1 litas equal to 100 talonas. As of Decmeber 2012, 1 USD was equal to 2.67 LTL.
Name: Lithuanian litas
Decimal Unit: 100 centas
Nicknames: plural: litai
Coins: 1, 2, 5, 10, 20, 50 centai; 1, 2, 5, litai
Notes: 10, 20, 50, 100, 500 litai
Central Bank: Bank of Lithuania
The Lithuanian lita banknotes feature famous figures of Lithuania. Each denomination of lita banknote is a different color, allowing for easy differentiation between values. The Lithuanian litas currently circulates coins in the values of 1, 2, 5, 10, 20, and 50 centai and 1, 2, and 5 litai, and banknotes in denominations of 10, 20, 50, 100, and 500 litai.