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2 Litai

Issuer Lietuvos Bankas (Bank of Lithuania)
Year 1993
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Size 135 × 65 mm
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Obverse lettering LIETUVOS BANKAS
1993
FINANSŲ MINISTRAS
LIETUVOS BANKO VALDYBOS PIRMININKAS
M VALANČIUS
DU LITAI
(Translation: Bank of Lithuania / 1993 / Finance Minister / Chairman of the Board of the Bank of Lithuania / M. Valančius / Two Litas)
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Protection type Watermark
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Comments

Lithuania's 1993 banknote series was the first fully sovereign issue after the litas was reintroduced in June 1993, replacing the interim talonas at a fixed rate of 100 talonai to 1 litas. The reintroduction was backed by a currency board arrangement pegging the litas to the U.S. dollar at 4:1 — an unusually rigid commitment for a country only two years out of Soviet administration.

Thomas De La Rue printed the entire series, a fairly predictable choice for a newly independent state without its own security printing infrastructure. At just over 12 million printed, this denomination sat in the middle of the series by volume.

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