Turkish lira

E84724

fiat currency national currency

The Turkish lira is the official currency of Turkey, used for everyday transactions, banking, and pricing throughout the country.

Aliases (2)

Turkish lira (in the north) ×1
new Turkish lira ×1

Statements (51)

Predicate	Object
instanceOf	fiat currency → national currency →
alternativeSymbol	TL →
banknoteDenomination	10 lira → 100 lira → 20 lira → 200 lira → 5 lira → 50 lira →
centralBank	Central Bank of the Republic of Turkey → Türkiye Cumhuriyet Merkez Bankası →
coinDenomination	1 kuruş → 1 lira → 10 kuruş → 25 kuruş → 5 kuruş → 50 kuruş →
country	Turkey →
currencyOf	Turkey → Turkish Republic of Northern Cyprus →
currencyReform	redenomination in 2005 →
currencySignIntroduced	2012 →
denominationSystem	decimal →
formerISO4217Code	TRY (new Turkish lira, 2005–2008) →
formerName	new Turkish lira →
hasCurrencySign	₺ →
inflationCharacteristic	has experienced high inflation in the 21st century →
introduced	1923 →
ISO4217Code	TRY →
language	Turkish →
legalTenderIn	Turkey → Turkish Republic of Northern Cyprus →
monetaryAuthority	Central Bank of the Republic of Turkey →
officialCurrencyOf	Turkey → Turkish Republic of Northern Cyprus →
peggedStatus	freely floating exchange rate →
redenominationDate	1 January 2005 →
redenominationFactor	1 new lira = 1,000,000 old lira →
region	Europe → Middle East →
replacedCurrency	Ottoman lira →
subunit	kuruş →
subunitToUnit	100 kuruş = 1 Turkish lira →
symbol	₺ →
usedFor	banking in Turkey → everyday transactions in Turkey → pricing of goods and services in Turkey →
usedIn	Turkish financial markets → Turkish government budgeting → domestic pricing of exports and imports in Turkey →
writingSystem	Latin script →

Referenced by (7)

Subject (surface form when different)	Predicate
Antalya → Turkish Republic of Northern Cyprus →	currency
Nicosia ("Turkish lira (in the north)") → Yalova →	usesCurrency
Grand Bazaar →	currencyAccepted
Turkish lira ("new Turkish lira") →	formerName
Ottoman lira →	replacedBy