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As of my last update in October 2023, the old Turkish lira (TRL) has been replaced with the new Turkish lira (TRY) at a rate of 1,000,000 TRL to 1 TRY following the currency revaluation in 2005. Therefore, 1,000,000 old Turkish lira is equivalent to 1 new Turkish lira. However, since the old lira is no longer in circulation, its practical value today is effectively zero in terms of usable currency.
What else can I help you with?
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.
What is the money called in Turkey?
Turkey uses the Lira. It's a decimal system, with 100 Kurus per 1 Lira. The New Turkish Lira came into effect on January 01, 2005. Exchange rate example, on October 06, 2007: 1 Turkish Lira = 0.83724 U.S. Dollars
Can you only exchange old Turkish lira in turkey?
Yes, only 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
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
What is the exchange rate of a Turkish dollar to and American dollar?
As of today (3/7/12), 1 Turkish Lira is $0.5592 USD. The rate changes daily, so check a conversion site, like Google's or Yahoo's, to see the daily rate. You can also type "1 turkish lira in USD" directly into Google and see the daily rate. Turkey uses the 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 1000000 old Turkish lira in gbp?
Maybe about one British pound, or a little over. 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 1000000 old Turkish lira worth if it is valuable?
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 Refer to www.coinmill.com for currency value in different currencies.
How many Turkish lira to us dollar in 1985?
In 1985, the exchange rate was approximately 1,000 Turkish lira to 1 US dollar. The Turkish economy experienced significant inflation during that period, which contributed to the rapid devaluation of the lira. This rate reflects the economic conditions of Turkey at the time, characterized by high inflation and currency instability.
Is it cheaper to buy Turkish lira in UK or turkey?
Yes it is cheaper to buy in Turkey! I am sat in Istanbul now and the rate one the street is 2.4 Lira to the British Pound. I got 2.17 in Heathrow and feel really cheated. Buy is Turkey!!
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 1000000 Turkish lira in American dollars?
About 75 cents US. 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
