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Currency & Exchange

Currency of Italy: Euro

RomeLocal time

Euro · EUR · Shared Currency

Euro
ISO EUR · ITALY
€
€
Euro
ISO codeEUR
Symbol€
Monetary authorityEuropean Central Bank
EUR
ISO 4217 code
Currency identifier
1
Currencies with an official role
Shared Currency
€
Currency symbol
Use the ISO code when a symbol is ambiguous
Time-sensitive
Exchange-rate context
Check the rate date and source
CurrencyEuro
ISO codeEUR
Largest note€200
Largest coin€2
Current note seriesEuropa series

Who Issues the Euro

Rather than maintaining an independent national unit, Italy participates in the shared system behind the Euro (EUR). Banca d'Italia retains a national institutional role, and the currency is identified here by symbol € as well as ISO numeric code 978.

Euro monetary policy is shared across the Eurosystem. For Italy, the European Central Bank is the central monetary authority while Banca d'Italia remains the national central bank and participates in implementing the common framework.

Currency architectureShared Currency
Primary currencyEuro (EUR)
Monetary authorityEuropean Central Bank
National central bankBanca d'Italia
ModifiersEurosystem

Exchange Rate for EUR

The exchange-rate context for Italy is expressed through Euro (EUR). Comparing like-for-like timestamps is important, since a bank or payment provider may add its own spread or fee on top of the reference market movement. The page uses Banca d'Italia for the institutional currency context.

Latest available reference rate*Loading...
Checking USD/EUR
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
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Banknotes and Coins

Banknotes

Euro banknotes in circulation include €5, €10, €20, €50, €100 and €200. First-series €500 notes can also remain in circulation, although no new €500 notes are issued.

€5EUROPA
€10EUROPA
€20EUROPA
€50EUROPA
€100EUROPA
€200EUROPA
€500FIRST SERIES
Common euro-area banknote design

Coins

Euro coins have a common European side and a national side. All eight standard denominations can circulate throughout the euro area.

1c
2c
5c
10c
20c
50c
€1
€2
Common European sideNational side varies by issuer

Frequently Asked Questions

What currency is used in Italy?

Italy uses the euro (EUR) within the Eurosystem. The European Central Bank and Banca d'Italia perform distinct roles in the shared monetary framework.

Who manages the currency system in Italy?

The euro framework combines the European Central Bank with Banca d'Italia as the national central bank for Italy.

Are the exchange rates for Italy real-time?

For reference-rate use in Italy, where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. It should not be read as a live executable quote. This supports the data layers easy to distinguish.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

Sources & methodology

The institutional description for Italy is grounded in European Central Bank and the relevant monetary arrangement. ISO 4217 is used for the EUR identifier; exchange-arrangement facts and dated rate observations are treated as different data layers.

View sources used for this page
Exchange-rate note: the EUR converter for Italy requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.