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Thread: Lithuania becomes 19th member of Eurozone

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    Let the diversity gangbang begin!
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    http://www.theapricity.com/forum/sho...88#post3431588
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    Quote Originally Posted by Raven_ View Post
    After WW1 Lithuanian government intended to use ostmarks (which Germans introduced during occupation) as their country's currency. It was named auksinas which means the same as zloty (golden). Auksinas was devalued because extreme inflation in Germany had a very negative impact on Lithuanian economy as ostmarks were pegged to German mark (in ratio 1:1).
    In the 16th century, there were several names for currency depending on value of a coin.

    Denarius had smallest value. The name came from Latin.
    Grosh originated in Prague. Today, Grosh is money in Ukrainian and Belarusian literally. The second Lithuanian statut of 1566 listed the cost of some livestock in groshes.
    Lithuanian Talers contained 28-30g of silver. Talers were a pan European currency. American dollar is derived from Thaler/Taler. Many people say Lithuanian Talers were historic currency of the GDL. It certainly featured in many written sources.
    Lithuanian ducats . Ducats were also used in some European countries.

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