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Lithuania and the euro

Lithuania joined the European Union in 2004 and is currently preparing to adopt the euro.

Lithuania at a glance

Surface area: 65 300 km2
Population: 3 350 385 (Eurostat 2009)
Joined the European Union: 1 May 2004
Currency: litas (LTL)

Euro information

Status: Lithuania is not yet a member of the euro area. The litas joined the Exchange Rate Mechanism (ERM II) on 28 June 2004 and observes a central rate of 3.45280 to the euro with standard fluctuation margins of ±15%.

Exchange rate: The current euro to litas foreign exchange reference rate can be consulted on the website of the European Central Bank (updated daily).

Adoption of the euro: Lithuania aims at introducing the euro on 1 January 2015.

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