Lithuania in EMU on 2015

Discussion/News about Europe, EU, politics

Moderators: Phaseolus, Fons

User avatar
westwind
Euro-Master
Euro-Master
Posts: 1344
Joined: Tue Jul 26, 2005 7:20 am
Location: Lithuania

Re: Lithuania in EMU on 2015

Post by westwind »

A0000001A wrote:I would be interested which plates are found in Lithuania, for each denominations.
For example :note-5: V004, V005 ... or :note-10: P001, P002 .... and also :note-20: :note-50: :note-100:
That's I have seen among new notes:
5 - V001, V004, V005
10 - E007, P003
20 - E009, P017, P018, R001, R002
50 - R036
100 - R003
RKPLt
Euro-Regular in Training
Euro-Regular in Training
Posts: 139
Joined: Fri May 17, 2013 6:22 pm

Re: Lithuania in EMU on 2015

Post by RKPLt »

Plus :note-5: V006, S001, S002 and :note-10: E008.
Geros medžioklės! / Have a good hunt!
User avatar
A0000001A
Euro-Regular in Training
Euro-Regular in Training
Posts: 76
Joined: Sun Apr 06, 2014 10:50 am

Re: Lithuania in EMU on 2015

Post by A0000001A »

Thank you very much for the information.
User avatar
Craft
Euro-Master
Euro-Master
Posts: 1182
Joined: Fri Jun 07, 2002 4:36 pm
Location: Vantaa, Finland

Re: Lithuania in EMU on 2015

Post by Craft »

Two weeks and a couple of days since the changeover - how has it been now in Lithuania, what are your feelings so far and how has the reception been in general?
Liootas
Euro-Regular in Training
Euro-Regular in Training
Posts: 62
Joined: Tue Dec 30, 2014 4:19 pm
Location: Vilnius, Lithuania

Re: Lithuania in EMU on 2015

Post by Liootas »

Craft wrote:Two weeks and a couple of days since the changeover - how has it been now in Lithuania, what are your feelings so far and how has the reception been in general?
Well yesterday was the first day the euro became the only legal tender in Lithuania (the dual period of litas and euro ended) but everything is just fine I would say. The shop assistants got used to the new currency quickly but it may take more time for ordinary people to accustom to the euro. :D

However, the media is often writing about many counterfeit euro notes in Lithuania but they're exaggerating a bit. There weren't more accidents with counterfeit euros than with litas last year, for example. Besides, recently on the Net, TV and radio they've been talking a lot how to check if the note is counterfeit and so on... I suppose people are well informed and there shouldn't be any panic. :roll:

Personally, it's hard to get used to the euro for me. If someone asks me, how smth cost, I automatically say, for example, 1 litas. And only after a few seconds I realise that it's not litas in Lithuania :mrgreen: Well, we just need some time, I guess. It may take a few months or even half a year, we'll see... :wink:
I speak :flag-lt: :flag-uk: :flag-fr: :flag-es:
User avatar
ART
Euro-Master
Euro-Master
Posts: 5750
Joined: Sat Oct 16, 2004 8:26 pm

Re: Lithuania in EMU on 2015

Post by ART »

Liootas wrote:Well yesterday was the first day the euro became the only legal tender in Lithuania (the dual period of litas and euro ended)
This is the time when you need to pay more attention, because the shopkeepers could groped speculation by raising prices. In many states has happened and more dishonest politicians have sought to blame the Euro.
European soul, European pride.
User avatar
lmviterbo
Euro-Master
Euro-Master
Posts: 6518
Joined: Thu Aug 21, 2003 5:23 pm
Location: Lisboa, Portugal
Contact:

Re: Lithuania in EMU on 2015

Post by lmviterbo »

Liootas wrote:
Craft wrote:Two weeks and a couple of days since the changeover - how has it been now in Lithuania, what are your feelings so far and how has the reception been in general?
If someone asks me, how smth cost, I automatically say, for example, 1 litas. And only after a few seconds I realise that it's not litas in Lithuania :mrgreen: Well, we just need some time, I guess. It may take a few months or even half a year, we'll see... :wink:
That happened to everyone who was used to any of the old currencies in Europe. In Portugal we had a very easy conversion rate, very close to 1 EUR = 200 PTE (in fact 1 euro was 200.482 escudos), so knowing the value of euros was somehow easier here than in places where the conversion rates were stranger numbers, like 1 / 6.55957 for the French Franc. On the other hand, due to the easier rate in Portugal, people with some arithmetical skills were used to calculate the conversion on the spot, it was harder for us to really "think in euros".

Another side effect in Portugal was that many things doubled their prices, In fact the range of Euro coins and banknotes in normal circulation (excluding thus the :note-200: and :note-500: notes) started and ended with double the value of Portuguese Escudo coins.
EUR coin/note| Real value in PTE| Perceived value| "Similar" PTE coin/note
0.01| 2| 1| 1
0.02| 4| 2| —
0.05| 10| 5| 5
0.10| 20| 10| 10
0.20| 40| 20| 20
0.50| 100| 50| 50
1| 200| 100| 100
2| 400| 200| 200
:note-5:| 1000| 500| 500
:note-10:| 2000| 1000| 1000
:note-20:| 4000| 2000| 2000
:note-50:| 10,000| 5000| 5000
:note-100:| 20,000| 10,000| 10,000
:note-200:| 40,000| 20,000| —
:note-500:| 100,000| 50,000| —
[/tt]
This was further helped by the fact that 1 and 2 euro bimetallic coins reminded of 100 and 200 escudos coins, and there wasn't any 400 escudos coin (which would be equivalent to 2 euros). Look at how easy it was to make this mistake:
Similar but NOT equivalent
Similar but NOT equivalent
PTE-EUR_sidebyside.PNG (372.57 KiB) Viewed 3960 times
User avatar
Montgomery Burns
Euro-Master
Euro-Master
Posts: 3007
Joined: Tue Mar 08, 2011 2:49 pm
Location: Lis., PRT
Contact:

Re: Lithuania in EMU on 2015

Post by Montgomery Burns »

Indeed. I don't think I fell prey to the "1 cent = 1 escudo" trap very often, but thinking in euros took longer than I anticipated, I admit.
User avatar
Craft
Euro-Master
Euro-Master
Posts: 1182
Joined: Fri Jun 07, 2002 4:36 pm
Location: Vantaa, Finland

Re: Lithuania in EMU on 2015

Post by Craft »

Montgomery Burns wrote:Indeed. I don't think I fell prey to the "1 cent = 1 escudo" trap very often, but thinking in euros took longer than I anticipated, I admit.
That's true, it took longer. Like in Portugal, in Finland we got the cash euros in 2002 but it took several years for me to get fully accustomed to them, even though I was used to using also USD before. I don't really know when I ceased to convert EUR to FIM in my head ― in fact I sometimes still do, but rarely.
Post Reply

Return to “Europe-Board”