Convert 123 Lithuanian Litas (LTL) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging Lithuanian Litas (LTL) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Lithuanian Litas (LTL) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Lithuanian Litas and Canadian Dollar on 11/23/2024 is 1 LTL = 0 CAD - AVERAGE intraday quotes were used for this currency conversion.
The official currency of Lithuania is called the Lithuanian litas with the plural being litai or lit?. the symbol for the litas is "Lt" and each litas is made of 100 centas, symbolized by "ct". The currency code for the Lithuanian litas is LTL.
The Bank of Lithuania issues the LTL coins in values of 1ct, 2ct, 5ct, 10ct, 20ct, and 50ct, as well as Lt 1, Lt 2, and Lt 5. The banknotes are issued in values of Lt 10, Lt 20, Lt 50, Lt 100, Lt 200, and Lt 500.
The central bank of Lithuania is already a member of the European System of Central Banks who, along with the Lithuanian government, are implementing policies for the eventual inclusion of Lithuania into the eurozone and thus the full replacement of the LTL with the euro.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.
