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Exchange rates for the Deutsche Mark in Lithuania / DEM 1 = LTL ... (middle) / up to the end of 1998

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Time series key BBEX3.M.LTL.DEM.CA.AC.A01
Unit LTL
Dimension one
Timespan from 1992-10 to 1998-12
Last update 20.09.2023 02:45:44 PM
   
General With effect from 1 October 1992, the temporary currency, the talonas (LTT) having existed for some months in the form of coupons, became the sole legal tender. The Soviet rouble was converted to talonas at a rate of 1:1. The Lithuanien litas (LTL) was legal tender from 25 June 1993 to 31 December 2014. The talonas were converted to Lithuanien litas at a rate of LTT 100 = LTL 1 and remained legal tender alongside the Lithuanien litas until 19 July 1993. Listed against the euro as of January 1999, see BBEX3:M:LTL:EUR:BB:AC:A01 (euro foreign exchange reference rates of the European Central Bank).
Methodology The exchange rates specified for the period from October 1992 to May 1993 were converted at a rate of LTT 100 = LTL 1. Until the end of 1997, calculated on the basis of buying and selling rates.
Source January 1994 until December 1998: The Bank of Lithuania, Vilnius October 1992 until December 1993: Vytis Bank, Vilnius