Lithuanian Litas (LTL)

About the Lithuanian Litas

The Lithuanian “litas” (plural: litai) is the official currency used in the country of Lithuania. Its official currency code is “LTL” and it is symbolized by a “Lt”. The primary denominations include 1, 2, 5, 10, 20, 50 centas coins; 1, 2, 5 litas coins (1 litas = 100 centas); and 10, 20, 50, 100, 200, and 500 litas paper bank notes. In Lithuania, decimal numbers are denoted using a comma (e.g. 1,50). The litas has a managed float exchange rate that is tied to the euro.

Central Bank: Bank of Lithuania

News: Lithuanian Litas

• The New York Times - as lithuania joins eurozone relief and hesitation.html - ref=business (31 December 2014, 8:00 am)
• The New York Times - Real Estate in Lithuania - NYTimes.com (21 August 2014, 7:00 am)
• The New York Times - Lithuania Moves Closer to Joining Euro Zone - NYTimes.com (4 June 2014, 12:16 pm)

Reports & Events: Lithuanian Litas

• V. Vasiliauskas: Global and Lithuania’s economic development accelerating, but growth impact not to be felt by everyone due to income inequality (20 April 2017, 4:00 am)
• Payment institution licence granted to UAB Simplex Payment Services (18 April 2017, 10:10 am)
• Life assurance sector operated profitably, non-life insurance sector – at a loss (18 April 2017, 6:37 am)

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