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Turkish lira- General information





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The Turkish lira, Currency sign: TRY is the currency of Turkey and the Turkish Republic of Northern Cyprus (recognised only by Turkey). The Turkish lira is subdivided into 100 kurus. All obverse sides of current banknotes and reverse sides of current coins have portraits of Mustafa Kemal Ataturk.



Since the foundation of the Republic, banknotes have been put into circulation in 24 different values, 126 series and in 9 issue groups. All of the banknotes in the first six emission groups and some of the banknotes in the seventh group were withdrawn from circulation at various dates and lost their values at the end of their 10-year redemption periods.



The Ninth Emission Group Turkish Lira banknotes with their renewed designs, systematic size variation and advanced security features have been put into circulation on January 1, 2009, in six different values consisting of denominations 5, 10, 20, 50, 100 and 200 Turkish Lira.

The legal circulation period of E-8 Emission Group New Turkish Lira banknotes expired DECEMBER 31, 2009 and these banknotes will be redeemed for a period of ten years starting from JANUARY 1, 2010 to the closure of working hours on DECEMBER 31, 2019.



General Directorate of Banknote Printing Plant, which has been producing turkish banknotes since 1958, is capable of making original composition and plates in contemporary standards that requires a long experience. All of the design, plate making and printing works of denominations of 5, 10, 20, 50, 100 ve 200 Turkish Lira from E9 Emission Group are successfully carried out by its own experienced staff and equipment




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Sources:
http://www.tcmb.gov.tr
http://www.wikipedia.org



Disclaimer:
Every effort is made to provide information that is accurate. We give no assurance for information, and take no responsibility for matters arising from changed circumstances or wrong source's information which may affect the accuracy of information on this site.



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