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The first lira depreciated in value due to some hyperinflation that Turkey experienced. So they passed a law to remove 6 zeroes from the currency to create a new lira. They now just call it the lira.

There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. (1 New Turkish lira is worth (March 2009) about US$0.75.)

Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira

There are pictures of the actual notes on Wikipedia.

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Q: What is the difference in features between the old Turkish lira and the new Turkish lira?
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Worth of old Turkish lira revaluated into new Turkish lira?

There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. (1 New Turkish lira is worth (March 2009) about US$0.75.) Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira


Can you get old Turkish Lira exchanged to Pound?

No they can only be exchanged in Turkey for new Turkish lira. There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. (1 New Turkish lira is worth (March 2009) about US$0.75.) Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira.


How much is 20 million old Turkish lira TRL single banknote in us dollars?

As of January 8,2009, the old 20 million Turkish lira is 12.86 USD There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira.


How much is a 10000 old Turkish Lira bill worth in USD?

About 75 cents. There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. (1 New Turkish lira is worth (March 2009) about US$0.75.) Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira.


How much is and old 20000 Turkish lira worth in USD?

About 10 cents. There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira.

Related questions

What money do they use in Turkey?

The Turkish Lira is used in Istanbul and in Turkey.


Where to get Turkish lira in Singapore?

i want to buy turkish lira


When was the currency in Turkey changed from Turkish Lira to New Turkish Lira?

On 1 January 2005 the New Turkish Lira entered the Turkish market and become legal tender. 1 million old lira is now worth 1 Turkish Lira.


When was Revaluation of the Turkish Lira created?

Revaluation of the Turkish Lira was created in 2005.


When was th Turkish lira used?

The Turkish lira is still in use. There are 1,000,000 old lira in 1 New Turkish lira. 1 New Turkish lira is worth (March 2009) about US$0.75. Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira


How much is Turkish lira worth?

1 Turkish lira = 0.667111 U.S. dollars


Where can you change old Turkish Lira to UK Pounds?

You can only get old Turkish lira changed into new Turkish lira in Turkey. There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. (1 New Turkish lira is worth (March 2009) about US$0.75.) Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira


How much is old 15000000 Turkish Lira worth to new Turkish Lira?

about 2 camels


Why did the Turkish currency change?

The Old Turkish Lira was inflating at an astronomical rate such that it would take 1.7 million Old Turkish Lira for $1.00 USD. As a result, Turkey revalued the Lira at 1M Old Lira to 1 New Lira.


Is the Turkish Lira the same as the old Italian Lira?

No


Worth of old Turkish lira revaluated into new Turkish lira?

There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. (1 New Turkish lira is worth (March 2009) about US$0.75.) Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira


What is the currency of Turkey?

The currency used in Ankara is the same as the currency used all around Turkey. It is called the "Turkish Lira". Because the currency recently experienced a revaluation and it is now called the "New Turkish Lira".The currency in Turkey is the Turkish lira.