Italian lira replaces Sardinian lira
Introduction of the lira
The Napoleonic Kingdom of Italy first introduced the Italian lira in 1807 at par with the French franc, worth 4.5 grams of fine silver or 0.29032 gram of fine gold (gold-silver ratio 15.5). Despite the kingdom's demise in 1814, this new lira would eventually replace the currencies of the different Italian states until their unification in 1861, replacing, among others: