AM-Lira

The AM-Allied Military Currency, or Lira, was the currency that AMGOT put in circulation in Italy after the landing in Sicily on the night between 9 and 10 July 1943. The value was 100 “am-lire” for a U.S. dollar. Totally interchangeable with the normal Italian lira for military decision, it contributed to high inflation that hit Italy towards the end of World War II.

After 1946, they ceased to be the sole currency and were used along with normal notes, until June 3, 1950.

In total 917.7 million AM-lire were printed.