Timeline

• 22.03.1862
• Treaty of friendship and good neighbourhood with Italy, §24 specified the San-Marinese coinage to be in the Italian standard of 1861 and their mutual recognition (the coinage right was further specified on ratification on 04.04.1862) effective 30.07.1862
• 29.04.1863
• Government decree on the issuance of San-Marinese subsidiary coins; effective immediately and implemented upon conclusion with Milan mint on 01.03.1864
• 28.06.1897
• Amendment of the treaty of friendship and good neighbourhood, §38 permitted the issuance of San-Marinese silver specie coins to the amount of 90'000 Italian Lire and silver subsidiary coins of 60'000 Italian Lire; effective immediately.
  - 16.02.1906: Amendment, increased the amount of silver subsidiary coins by another 60'000 Italian Lire; effective immediately.
  - 10.02.1914: Amendment, terminated the issuance of San-Marinese coins and pre; effective immediately.
• 18.08.1924
• San-Marinese law [no. 22] on the issuance of gold coins of 20, 10 Lire; put in circulation under government decree [Nr. 38] of 24.10.1925.
  - Gold coins were not foreseen in the existing coinage conventions between San Marino and Italy, the coins were therefore no legal tender in Italy.
• 23.10.1931
• Monetary convention with Italy, renewing the mutual recognition of the respective coinage (not explicitly mentioning the new Italian standard of 1927); effective by Italian law [no. 19] of 14.12.1931
• 30.12.1931
• Monetary convention with the Vatican City on the mutual recognition of the respective coinage; effective immediately
• 15.06.1935
• Monetary convention with Italy on the issuance of San-Marinese subsidiary coins; effective by San-Marinese ordinance [No. 17] of 30.08.1935
• 31.03.1939
• Treaty of friendship and good neighbourhood with Italy, §47 terminated the issuance of San-Marinese coins; effective 30.09.1939

Valuation Regimes

• 1862-1939
• Fixed rate against Italian Lira

Timeline

• 10.09.1971
• Monetary convention with Italy on the resumed issuance of San-Marinese coins and the mutual recognition of the respective coinage; effective by Italian ordinance [No. 9] of 09.03.1972
• 29.11.2000
• Bilateral agreement [CELEX 22001A0727(01)] with Italy on the issuance of San-Marinese coins denominated in Euro; effective 01.01.2002:
  - Specified an annual quota of Euro coins to the amount of 1'944'000 Euros which was compensated by a corresponding reduction of the Italian quota.
• 27.03.2012
• Agreement [CELEX 22012A0426(01)] with the European Union (repealing the 2001 agreement with Italy) on the issuance of San-Marinese coins denominated in Euro; effective 01.04.2012:
  - Specified a fixed annual quota of Euro coins to the amount of 2'600'000 Euros, plus a variable quota calculated from the Italian per-capita issuance of the previous year, multiplied by the number of inhabitants of San Marino.