Since February 28, 2002, the lira has become obsolete as Italy has adopted the euro as it official currency. So using the euro as the official currency of Italy, 5000 euro is the equivalent to $6,792.91 US dollars (as of March 25, 2009).
If the lire was still the official currency of Italy, XE.com reports that 5000 ₤ lire would be the equivalent to about $3.51 US dollars (as of March 25, 2009).
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