lithuanian monetary unit Synonyms
No Synonyms and anytonyms found
lithuanian monetary unit Meaning
Wordnet
lithuanian monetary unit (n)
monetary unit in Lithuania
lithuanian monetary unit Sentence Examples
- The official Lithuanian monetary unit is the litas, represented by the currency symbol Lt.
- The litas has been in circulation since it was introduced in 1993 to replace the Soviet ruble.
- One litas is divided into 100 centas.
- The Bank of Lithuania is responsible for issuing and regulating the litas.
- The litas is pegged to the euro, which means its value is directly tied to the euro's value.
- The Lithuanian monetary unit has remained stable and reliable over the years, contributing to the country's economic growth.
- The litas is used for all transactions within Lithuania, including payments for goods and services, as well as for government expenditures.
- The value of the litas fluctuates slightly against other currencies, but it has generally maintained its purchasing power.
- The litas is accepted in neighboring countries such as Latvia, Estonia, and Poland.
- In 2015, Lithuania is scheduled to adopt the euro as its official currency, replacing the litas.
FAQs About the word lithuanian monetary unit
monetary unit in Lithuania
No synonyms found.
No antonyms found.
The official Lithuanian monetary unit is the litas, represented by the currency symbol Lt.
The litas has been in circulation since it was introduced in 1993 to replace the Soviet ruble.
One litas is divided into 100 centas.
The Bank of Lithuania is responsible for issuing and regulating the litas.
