Monetary Unit | Turkish

The Lira is the official currency of both Turkey and the Turkish Republic of Northern Cyprus. It is issued by the Central Bank of the Republic of Turkey . Key Features

Due to high inflation, Turkey dropped six zeros from its currency. For a period, it was called the Yeni Türk Lirası (New Turkish Lira). turkish monetary unit

The Ottoman Lira was introduced in 1844, replacing the piastre as the main unit. The Lira is the official currency of both

₺ (The double cross-bar represents the bridge between Europe and Asia). Subunit: 1 kuruş (100 kuruş = 1 Lira). For a period, it was called the Yeni

The primary Turkish monetary unit is the . It has a long history, evolving from the Ottoman Empire to the modern Republic, and is subdivided into 100 kuruş . The Turkish Lira (TRY)