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Yes, Old Turkish liras are valued at par with New Turkish liras at an ratio of 1:1,legal ,obsolete,non-taxable money assets,acceptable worldwide and tradeable.

A:Sorry, the above answer is wrong. 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.

See the links below.

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Q: You have some old Turkish lira has it any value?
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If you have some pre 2005 Turkish lira has it any value?

Not much. 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


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