Vladas Jurgutis is the father of what currency introduced in 1922?
Vladas Jurgutis Vladas Jurgutis (November 17, 1885 in Joskaudai near Palanga – January 9, 1966 in Vilnius) was a Lithuanian priest, economist, and professor. As the first chairman of the Bank of Lithuania he is unofficially considered to be the "father of the Lithuanian litas."
Latin Monetary Union The Latin Monetary Union (LMU) was a 19th-century attempt to unify several European currencies into a single currency that could be used in all the member states, at a time when most national currencies were still made out of gold and silver. It was established in 1865 and disbanded in 1927. Many countries minted coins according to the LMU standard even though they did not formally accede to the LMU treaty.