Lithuanian auksinas

From Wikipedia, the free encyclopedia

The auksinas was the name of two currencies of Lithuania

[edit] First Auksinas

The auksinas was the currency of Lithuania in the 17th century. It was a silver coin, sub-divided in 30 grašių, with 3 auksinas = 1 talerio. [1] It was equivalent to the Polish złoty, with the name also meaning "gold", and was replaced by the złoty as the currency of the Polish-Lithuanian Commonwealth.

[edit] Second auksinas

The auksinas was the name given to the ostmark in 1919, at a time when notes issued by Germany and 1000 ost markių notes issued by the "Lietuvos Ūkio Bankas" were in circulation. Plans to issue currency denominated in auksinas and skatiku (1100 auksinas) did not come to fruition and the litas was instead introduced in 1922.