A practical foreign exchange and currency guide to Lithuania
What’s in this Lithuania currency guide:
The official currency of Lithuania is the EUR.
The euro (ISO: EUR) is involved in slightly more than 30% of all foreign exchange deals, and as such, is the world’s second most traded currency, behind the US dollar.
The euro is the currency of the eurozone (officially called the ‘euro area’), which consists of 19 of the 28 member states of the European Union, and is used by almost 350 million Europeans. It was introduced in January 1999.
Of all the thousands of exchange rates that exist in the world, the euro-to-US dollar exchange rate is the most actively traded, or most ‘liquid’.
Since its introduction, the euro’s lowest value against the dollar came in October 2000 when EUR/USD hit lows of 0.8231. The currency was strongest in July 2008, shortly before the worst stage of the 2007-2009 financial crisis, when EUR/USD reached 1.6038.
There are currently more than twenty nations and territories which peg their currencies to the euro, the largest of which is Denmark.
The Lithuanian litas (currency code LTL) was the currency of Lithuania, until 1 January 2015, when it was replaced by the euro.
27 Jul 2022
12 May 2022
10 Aug 2021
11 Aug 2017
12 Aug 2012
15 Aug 2002
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend EUR.