British currency in the Middle East already risen in value against the pound sterling as a result of sterling's devaluation in 1967, and so the new Omani rial was not equal in value to the dinars in the nearby territories. The currency units that are used in Israel, Jordan, Iraq, Kuwait, Bahrain, Oman, and the Yemen are all descended from the pound sterling unit, while the currency units that are used in Saudi Arabia, Qatar, and the United Arab Emirates are all descended from the Maria Theresa Thaler. This largely explains the factor of ten difference in value on average between Bahrain, Kuwait and Oman on
History of coins in Italy worth 40 quattrini, in circulation. The Lombardy-Venetia florins were the coins of Lombardy-Venetia (reduced to the sole Venetia three years before) between 1862 and 1866. It replaced the pound at a rate of 1 florin = 3 pounds. The florin was equivalent to the Austro-Hungarian gulden (also called the florin). Although it was subdivided into 100 "soldi" rather than 100 Kreuzer, Austrian coins circulated in Venetia. The only coins issued specifically for Venetia were copper ½ and 1 soldo pieces. The lira was made the official currency of Italy in 1861 after the Italian unification, however stopped being used in