The Old Turkish Lira was inflating at an astronomical rate such that it would take 1.7 million Old Turkish Lira for $1.00 USD. As a result, Turkey revalued the Lira at 1M Old Lira to 1 New Lira.
The old Turkish lira was replaced by the new Turkish lira on January 1, 2005. This change was part of a currency revaluation effort to combat hyperinflation, where the new lira was worth 1,000,000 old lira. The transition aimed to simplify transactions and restore confidence in the currency.
The currency used in Ankara is the same as the currency used all around Turkey. It is called the "Turkish Lira". Because the currency recently experienced a revaluation and it is now called the "New Turkish Lira".The currency in Turkey is the Turkish lira.
Sure. Turkish Lira is the currency of Turkey
Turkey's monetary unit is TL (Turkish Lira) Its currency: 1.00TL=2,36$ per a year~
Current issue Turkish banknotes have the currency as Yeni Turk Lirasi, which means "New Turkish Lira". This distinguishes modern, devalued notes from the pre-2005 high-value Turk Lirasi (Turkish Lira).
No.The currency of Turkey is the Turkish Lira.
Turkish Lyra
The Turkish Lira.
Turkish Lira
Need to go to a bank that deals with foreign currency. However, it is likely that the money you are holding is Old Turkish Lira (since there are no bills for 100,000 New Turkish Lira). If this is the case, your currency is defunct and worthy only as a keepsake.
The Turkish Lira is used in Istanbul and in Turkey.
The new Turkish Lira is the currency of Turkey Ashwin Hendre