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

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Time series key	BBEX3.A.LTL.DEM.CA.AC.A04
Unit	LTL
Dimension	one
Timespan	from 1993 to 1998
Last update	20.09.2023 12:49:30 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:A:LTL:EUR:BB:AC:A04 (euro foreign exchange reference rates of the European Central Bank).
Methodology	Until the end of 1997, calculated on the basis of month-end buying and selling rates, 1998 on the basis of month-end rates.
Source	January 1994 until December 1998: The Bank of Lithuania, Vilnius 1993: Vytis Bank, Vilnius

Comment on 1993	The exchange rates specified for the period from January to May 1993 were included in the calculation at a rate of LTT 100 = LTL 1.

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