Lithuania is not yet as popular as a tourist country as other regions of Europe, such as France and Spain. However, in addition to tourists, it is visited annually by thousands of Russians who have relatives here, business interests or other matters. What currency is used in Lithuania?
Instructions
Step 1
Try to find out more about the national currency of Lithuania. Although this country is a member of the Schengen agreement and you can visit it with a Schengen visa in your passport, the national currency is used in payments in Lithuania - the Lithuanian litas. In international currency classifiers, it has the designation LTL. Its modern history is relatively short: the litas was introduced after the collapse of the Soviet Union in 1993. However, the monetary unit with the same name was in circulation in the country from 1922 until the moment when Lithuania became part of the USSR - in 1941. During this period, the national currency in Lithuania was replaced by the Soviet ruble.
Step 2
Find out what kind of means of payment are in circulation in the country at the moment. This will allow you to provide more convenience in making payments by asking for the exchange of bills of the required denomination. So, it is worth remembering that each litas consists of 100 cents. The most common are coins in denominations of 10, 20, 50 cents, 1, 2, 5 litas, as well as banknotes in denominations of 1, 2, 5, 10, 20, 50, 100, 200, 500 litas.
Step 3
Plan the budget for your trip to Lithuania. Please note that in general, the price level in this country is slightly lower than in most Schengen countries such as France or Italy. To get a more accurate idea of the price level in Lithuania, it is worth visiting thematic forums and sites that will help you navigate how much money you may need based on your plans and the duration of the trip.
Step 4
Please note that there is no need to carry out a preliminary exchange of the amount planned for the trip in dollars or euros: in Lithuania, it is quite simple to directly exchange Russian rubles for Lithuanian litas. This will allow you to avoid losses on the difference in rates when making a double exchange. The number of exchange offices in large cities is quite large, so it will not be a problem to carry out the desired exchange. Therefore, just take with you the required amount of money in rubles, and, being on the spot, choose the exchange office that offers the most favorable rate. Before making an exchange, please specify how much Lithuanian litas you will receive in your hands in order to avoid unpleasant surprises.
