Baiocco
Encyclopedia
The baiocco is an ancient Italian
currency denomination largely used in Central Italy
, especially in Latium
. The origin of the name is uncertain. Its value was originally equivalent to a shilling
, slowly changing through centuries into five quattrini
, or consequently twenty pennies. It disappeared after the unification of Italy
between 1861 and 1870, when the Italian lira
was introduced as an equivalent of the french franc
.
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
currency denomination largely used in Central Italy
Central Italy
Central Italy is one of the five official statistical regions of Italy used by the National Institute of Statistics , a first level NUTS region and a European Parliament constituency...
, especially in Latium
Latium
Lazio is one of the 20 administrative regions of Italy, situated in the central peninsular section of the country. With about 5.7 million residents and a GDP of more than 170 billion euros, Lazio is the third most populated and the second richest region of Italy...
. The origin of the name is uncertain. Its value was originally equivalent to a shilling
Shilling
The shilling is a unit of currency used in some current and former British Commonwealth countries. The word shilling comes from scilling, an accounting term that dates back to Anglo-Saxon times where it was deemed to be the value of a cow in Kent or a sheep elsewhere. The word is thought to derive...
, slowly changing through centuries into five quattrini
Quattrino
The quattrino is an ancient Italian currency denomination largely used in Central Italy, especially in Tuscany. Its name derives from the latin quater denari, because its value was equal to four denari. Consequently, its value was one third of a soldo...
, or consequently twenty pennies. It disappeared after the unification of Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
between 1861 and 1870, when the Italian lira
Italian lira
The lira was the currency of Italy between 1861 and 2002. Between 1999 and 2002, the Italian lira was officially a “national subunit” of the euro...
was introduced as an equivalent of the french franc
French franc
The franc was a currency of France. Along with the Spanish peseta, it was also a de facto currency used in Andorra . Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money...
.