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The '''Seborga luigino''' is the [[local currency]] of the [[micronation]] of [[Principality of Seborga|Seborga]]. Its subunit is the centesimo which is valued at 1/100. It was issued between 1994 and 1996. It is circulated alongside the [[Lira]]. It is recognised by the regional bank{{Citation needed|february 2010|date=February 2010}} but it has no value outside Seborga. |
The '''Seborga luigino''' is the [[local currency]] of the [[micronation]] of [[Principality of Seborga|Seborga]]. Its subunit is the centesimo which is valued at 1/100. It was issued between 1994 and 1996. It is circulated alongside the [[Lira]]. It is recognised by the regional bank{{Citation needed|reason=february 2010|date=February 2010}} but it has no value outside Seborga. |
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==The value== |
==The value== |
Revision as of 11:05, 25 July 2010
The Seborga luigino is the local currency of the micronation of Seborga. Its subunit is the centesimo which is valued at 1/100. It was issued between 1994 and 1996. It is circulated alongside the Lira. It is recognised by the regional bank[citation needed] but it has no value outside Seborga.
The value
The value of the Seborga luigino is pegged to the USD at 1 luigino : US$ 6.00. That would make it the world's highest-valued currency unit if it were considered an official currency.
Coins
Coins were issued in values of 5 centesimi, 15 centesimi, 1/2 Luigino (50 centesimi), 1 Luigino, and 7 1/2 Luigino. No banknotes were issued.