TRY banknotes and coins

The new Turkish lira is the current currency of Turkey and Turkish Republic of Northern Cyprus. Introduced on January 1, 2005, it is equivalent to 1,000,000 old Turkish lira (which will remain valid until the end of 2005) and divided into 100 new kuruş. Download high resolution version (800x627, 272 KB)New Turkish Lira Banknotes and coins File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Download high resolution version (800x627, 272 KB)New Turkish Lira Banknotes and coins File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... The Turkish Republic of Northern Cyprus (TRNC) (Turkish: Kuzey Kıbrıs Türk Cumhuriyeti [KKTC]) is a de facto state in the northern third of the island of Cyprus, in the eastern Mediterranean. ... January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 2005(MMV) is a common year starting on Saturday of the Gregorian calendar. ... One million (1000000), one thousand thousand, is the natural number following 999999 and preceding 1000001. ... The Turkish lira was the currency of Turkey. ... 2005(MMV) is a common year starting on Saturday of the Gregorian calendar. ... . The new kuruş coin Kuruş are a Turkish currency subunit. ...

Currency specification

• Symbol: YTL (Yeni Türk Lirası), The ISO 4217 code of new Turkish lira is "TRY".
• Banknotes: 100, 50, 20, 10, 5 and 1 YTL
• Coins: 1 YTL and 50, 25, 10, 5, and 1 new kuruş

ISO 4217 is an international standard describing three letter codes to define the names of currencies established by the International Organization for Standardization (ISO). ...

Design

Same banknote and coin designs are shared with the old Turkish Lira, to prevent any confusion.

All notes and coins show portraits of Mustafa Kemal Atatürk from different points of his life, and sights of various historical and otherwise important buildings and places in Turkey. Mustafa Kemal Atatürk Mustafa Kemal Atatürk (1881–November 10, 1938), Turkish army officer, revolutionary, and anti-imperialist statesman, was the founder and first President of the Republic of Turkey. ...

History

Owing to the chronic inflation experienced in Turkey from the 1970s through to the 1990s, the Turkish lira experienced severe depreciation in value. Turkey has had high inflation rates compared to developed countries but has never suffered hyperinflation. From an average of 9 lira per U.S. dollar in the late 1960s, the currency came to trade at approximately 1.65 million lira per U.S. dollar in late 2001. Prime Minister Recep Tayyip Erdoğan had called this problem a "national shame". In late December 2003, the Turkish Parliament passed a law which allows for the removal of six zeroes from the currency, and the creation of the new Turkish lira. Chronic inflation is characterized by much higher price increases than ordinary inflation, at annual rates of 10 to 30 per cent in some industrial nations and even 100 per cent or more in a few developing countries. ... This article provides extensive lists of events and significant personalities of the 1970s. ... // Events and trends The 1990s are generally classified as having moved slightly away from the more conservative 1980s, but otherwise retaining the same mindset. ... A 1,000,000,000 (1 billion) Mark banknote, issued in Bavaria/Germany during the hyperinflation of 1923 (http://www. ... The United States dollar is the official currency of the United States. ... The 1960s, or The Sixties, in its most obvious sense refers to the decade between 1960 and 1969, but the expression has taken on a wider meaning over the past twenty years. ... One million (1000000), one thousand thousand, is the natural number following 999999 and preceding 1000001. ... 2001: A Space Odyssey. ... Recep Tayyip ErdoÄŸan Recep Tayyip ErdoÄŸan (born February 26, 1954) became prime minister of Turkey on March 14, 2003. ... 2003: January - February - March - April - May - June - July - August - September - October - November - December - → A timeline of events in the news for December, 2003. ... An aerial view of Parliament of India at New Delhi. ...

Conversion rates on January 1, 2005: January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 2005(MMV) is a common year starting on Saturday of the Gregorian calendar. ...

• USD 1.00 = TRL 1,325,700 = TRY 1.3257
• EUR 1.00 = TRL 1,798,179 = TRY 1.79818
• GBP 1.00 = TRL 2,563,061 = TRY 2.56306
• CAD 1.00 = TRL 1,114,653 = TRY 1.11465
• TRY 1.00 = USD 0.75432
• TRY 1.00 = EUR 0.55612
• TRY 1.00 = GBP 0.39040
• TRY 1.00 = CAD 0.89714

The introduction of the New Turkish lira has been accompanied by two new banknotes which did not have equivalents in the old system: TRY 100 and TRY 50.

With the revaluation of the old Turkish lira, the Romanian leu (also revalued in July 2005) became the world's least valued currency unit. The Romanian leu (plural: lei; ISO 4217 code RON; numeric code 946) is the national currency of Romania. ... The least valued currency unit is the currency in which a single unit buys the least number of any given other currency or the smallest amount of a given good. ...

In the past, other countries have also revalued their currency. A similar case to the Turkish is the Peruvian nuevo sol ("new sun"), that replaced in 1991 one million inti ("sun" in Quechua); the inti itself had replaced the sol de oro ("golden sun") in 1985 at a rate of 1000 to 1. The French franc was revalued by a factor of 100 in January 1960. The Finnish markka was also revalued by a factor of 100 in 1963. Argentina has had many different versions of its peso since the early 1970s. Currencies have also been revalued when pegged to a new standard or currency basket; for example, India revalued the rupee from a system pegged to the pound sterling to a gold standard in 1966. The sol (plural: soles) (S/.) is the monetary unit (currency) of Peru. ... 1991 is a common year starting on Tuesday of the Gregorian calendar. ... Inti, the Sun God In Inca mythology, Inti was the sun god, as well a patron deity of Tahuantinsuyu. ... Quechua (Standard Quechua, Runasimi Language of People) is an Native American language of South America. ... The sol (plural: soles) (S/.) is the monetary unit (currency) of Peru. ... 1985 is a common year starting on Tuesday of the Gregorian calendar. ... 1960 was a leap year starting on Friday (link will take you to calendar). ... The markka or mark was the currency used in Finland from 1861 until January 1, 1999 (in practice on January 1, 2002), when it was replaced by the euro (€). The currency code used for the markka was FIM, and the usual familiar notation was a postfix mk. ... 1963 was a common year starting on Tuesday (link will take you to calendar). ... The Argentine peso (originally established as the nuevo peso argentino or peso convertible) is the currency of Argentina. ... This article provides extensive lists of events and significant personalities of the 1970s. ... 1922 U.S. gold certificate The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold and currency issuers guarantee, under specified rules, to redeem notes in that amount of gold. ... 1966 was a common year starting on Saturday (link goes to calendar) // Events January January 1 - In a coup, Colonel Jean-Bédel Bokassa ousts president David Dacko and takes over the Central African Republic. ...

Replacement of old currency with new currency is done through central bank institutions.

Current TRY exchange rates

AUD | CAD | EUR | GBP | INR | NZD | USD

External links

• Images of the new banknotes and coins
• New Turkish lira official changeover Campaign (Turkish and English)
• YTL information site (Turkish and English)
• Banknotes of Turkey

Pre-euro currencies and non-euro currencies

Eurozone Austrian schilling | Belgian franc | Dutch guilder | Finnish markka | French franc | German mark | Greek drachma | Irish pound | Italian lira | Luxembourg franc | Portuguese escudo | San Marinese lira | Spanish peseta | Vatican lira ERM Cypriot pound | Danish krone | Estonian kroon | Latvian lat | Lithuanian litas | Maltese lira | Slovenian tolar Other EU British pound | Czech koruna | Hungarian forint | Polish zloty | Slovak koruna | Swedish krona The euro (€; ISO 4217 code EUR) is the currency of twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain, collectively known as Eurozone. ... Download high resolution version (1200x800, 13 KB) File links The following pages link to this file: Austria Belgium Bulgaria Czech Republic Croatia Cyprus Economy of Cyprus Economy of the Czech Republic Council of Europe Economy of Denmark Drachma European Union Estonia Euro European Parliament Talk:European Union European Free Alliance... The Euro area (also called Euro zone or Eurosystem) is the subset of European Union member states which have adopted the Euro (€) currency, creating a currency union. ... The Schilling was the currency of Austria until the Euro exchange in 2002. ... The Belgian franc (Dutch Belgische frank, French franc belge) was the currency of Belgium before the adoption of the euro. ... The guilder (Dutch gulden), represented by the symbol Æ’, was the name of the currency used in the Netherlands from the 15th century until 1999, when it was replaced by the euro (coins and notes were not introduced until 2002). ... The markka or mark was the currency used in Finland from 1861 until January 1, 1999 (in practice on January 1, 2002), when it was replaced by the euro (€). The currency code used for the markka was FIM, and the usual familiar notation was a postfix mk. ... French Franc. ... The Deutsche Mark (DM, DEM) was the official currency of West and, from 1990, unified Germany. ... Drachma, pl. ... The Irish pound (Irish: punt) was the currency unit of the Republic of Ireland until 1999. ... Lira is the name of the monetary unit of the former currency of Italy. ... The conquest of most of western Europe by Revolutionary and Napoleonic France led to the francs wide circulation. ... The escudo was the official currency of Portugal prior to the introduction of the euro in January 1, 1999 (euro coins and notes were not introduced until 2002). ... Lira is the name of the monetary unit of a number of countries, as well as the former currency of Italy, San Marino and the Vatican City. ... // The end of the Spanish Peseta (1868-2002) and the introduction of the European Union Euro (From 1999/2002) The PESETA (₧, ESP) was the currency of Spain (and Andorra, along with the French franc) until December 31, 1998. ... Lira is the name of the monetary unit of a number of countries, as well as the former currency of Italy, San Marino and the Vatican City. ... The European exchange rate mechanism (or ERM) was a system introduced by the European Community in March 1979, as part of the European Monetary System (EMS), to reduce exchange-rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single... The Cyprus Pound, also known unofficially as the Cyprus Lira (from Greek Λίρα, pl. ... The Danish krone is the currency used in Denmark and the Danish dependency of Greenland. ... The Kroon is the official currency of Estonia. ... The lat (in Latvian: lats, plural lati, the ISO 4217 currency code: LVL) is the official currency of Latvia. ... The Litas (LTL or Lt, Lithuanian plural form Litai) is the official currency of Lithuania. ... The Maltese lira, known in the Maltese language as the Lira Maltija, is the currency of Malta. ... The tolar has been the currency of Slovenia since October 1991. ... The pound sterling, which strictly speaking refers to basic currency unit of sterling, now the pound, is the currency of the United Kingdom (UK). ... The Koruna (English translation Crown) is the currency used in the Czech Republic and Slovakia. ... Forint, or HUF (Hungarian forint) is the official currency of Hungary. ... Złoty. ... This article deals with the currency of modern Slovakia. ... This article is about the Swedish unit of currency. ... 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