coins

What is the currency of Turkey?

Turkish currency

It is known as the lira, and it has an international sign known as the symbol ₺, and its globally traded code is TRY, and it is disbursed by the Central Bank of the Republic of Turkey in both its paper and metal forms, and historically in December 2003 AD the Turkish Parliament agreed to re-evaluate the currency by removing six zeros from the value of the lira for the purpose of Create a new, recognized currency; Where this currency was introduced on the first day of the year 2005 AD to replace the previous lira (which was used throughout 2005 only).

With the issuance of this currency, two values ​​of the new banknotes were introduced, namely (TRY100 and TRY50), and during the transitional period between January 2005 and December 2008, the new Turkish lira was called Bani Turk, and its name is abbreviated in lira, and with the beginning of 2009 AD, its name became the Turkish lira only, and these notes contain Pictures of Mustafa Kemal Ataturk.

ancient coins=

There are many Turkish works that were used with the emergence of the Turkish state, and were widely used in the European and Asian continents, and the most prominent of these works are:

  • The Ottoman lira: This currency was used during the period from 1844 AD to 1923 AD, and it is one of the currencies that was popular in the continent of Europe and the Middle East region, and its roots go back to the ancient Roman period, and it was also known as the lira, which means the pound made of silver.
  • The first Turkish lira: It was used from 1923 AD until 2005 AD, and it was called the Turk Lirasi, and despite its abolition after World War I by the Democratic Party, it gained strength as it was pegged with the pound sterling and the French franc, and at that time it was two liras each. Two of them are equal to one US dollar, specifically during the year 1946 AD, and despite that, it ranked in the Guinness Book of Records the lowest rank in the world during the period from 1995 AD to 1996 AD, and again during the period from 1999 AD to 2004 AD.

currency forms

There are two forms of currency:

Read also:What is the currency of the Portuguese Republic?
  • Metal: This shape was introduced into the lira on the first day of the year 2009 AD, and it has five denominations, namely (1, 5, 10, 25, and 50), and it bore the name “Yeni.”
  • Paper: A new series of this format was introduced on the first day of the year 2009 AD, and this group was allocated until an end period extending until the end of 2009 AD, but it was still retrieved from the branches of the Central Bank until the end of 2019 AD, and the currency contains pictures of the most famous Turkish people Instead of the geographical and touristic locations in it, the purple color was determined to be prevalent.
Previous
The best currency in the world
Next
Arab countries currencies