Türk Lirası Coin Turkey Money A Comprehensive Guide

The Türk Lirası coin is the official currency of Turkey, and it's essential to understand its history to appreciate its value. The Türk Lirası was introduced in 1927, replacing the Ottoman lira.

The Türk Lirası coin has undergone several redesigns over the years, with the most recent design featuring a portrait of Mustafa Kemal Atatürk, the founder of modern Turkey. This design was introduced in 2009 to commemorate the 90th anniversary of the Turkish Republic.

You can find Türk Lirası coins in various denominations, ranging from 1 kuruş to 50 lira. The most commonly used coins are the 1, 5, 10, and 25 kuruş coins, as well as the 1 and 5 lira coins.

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The Turkish lira is a fascinating currency with a rich history. The Turkish lira, also known as TRY, has been the official currency of Turkey since 1923.

You can find Turkish lira coins in a variety of denominations, including 1 lira, 5 kurus, 10 kurus, 25 kurus, and 50 kurus. The most common denomination is the 1 lira coin.

For more insights, see: Lira Turkey

The Turkish lira is a bimetallic coin, made up of a copper-nickel center in a brass ring. It has a weight of 8.2 grams and a diameter of 26.15 mm.

Here's a breakdown of the Turkish lira denominations:

The Turkish lira is a widely accepted currency, and you can easily exchange it for other currencies at banks or currency exchange offices.

The obverse of the türk lirası coin features a beautifully designed ring of Rumi art at its center, surrounded by a Rumi Motif in the background.

The top of the coin showcases the National Emblem, a crescent and star, which is a prominent symbol of Turkey.

A ring of Rumi art surrounds the denomination in the center of the coin, adding an extra layer of cultural significance to its design.

At the bottom of the coin, you'll find the date, which provides a sense of time and context to the coin's design.

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The Turkish lira has a rich history, with the first Turkish lira being introduced in 1922-23. This new coinage consisted of aluminium-bronze 2+1⁄2, 5, and 10 kuruş and nickel 25 kuruş coins. These were the last Turkish coins to bear inscriptions in the Arabic script.

The design of Turkish lira coins has also evolved over time, with the first Turkish lira coins featuring a head of Mustafa Kemal Atatürk on the obverse side. The reverse side of the 10 Turkish lira 1986 coin, for example, features the face value and year within a wreath, along with a crescent moon and star at the top.

In 2005, the second Turkish lira was introduced, with coins minted in denominations of 1, 5, 10, 25, and 50 new kuruş (Ykr.) and YTL 1. The 1Ykr. was minted in brass, while the 5Ykr., 10Ykr., and 25Ykr. were minted in cupro-nickel, and the 50Ykr. and YTL 1 were bimetallic.

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The first Turkish lira coins were introduced in 1934, made of silver. They were a significant change from the previous coins that bore inscriptions in the Arabic script.

The first Turkish lira coin was a silver 1 lira coin, which was struck in 1934. This marked a new era in Turkish currency.

The Turkish State Mint and the Central Bank of the Republic of Turkey played a crucial role in producing these coins.

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During the period from 2005 to 2008, the second Turkish lira was officially referred to as the "new Turkish lira" (YTL) in Turkey. Coins were introduced in 2005 in denominations of 1, 5, 10, 25, and 50 new kuruş (Ykr.) and YTL 1.

The 1Ykr. coin was minted in brass, while the 5Ykr., 10Ykr., and 25Ykr. coins were made of cupro-nickel. The 50Ykr. and YTL 1 coins are bimetallic. All coins feature portraits of Mustafa Kemal Atatürk.

Here's a breakdown of the 50Ykr. and YTL 1 coins:

The designs of the 50Ykr. and YTL 1 coins were criticized by the European Central Bank due to their similarities with the €1 and €2 coins. This caused confusion in the eurozone and problems for businesses using vending machines that accepted the 1 new Turkish lira coin as a €2 coin.

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You'll want to get your Turkish lira sorted before you go, and the best way to do that is to pre-order your travel money online from Travelex. This will give you the best exchange rates, and you can even have it delivered to your home or collect it at a UK store.

Having a combination of cash and a card is usually a good idea when traveling in Turkey, as you'll need cash for small shops and markets, taxis, and buses, but can use a card in hotels and restaurants.

The Travelex Money Card is a great option for converting pounds to lira and euros, and you can easily top it up with more currency on the go.

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To obtain lira, you can pre-order your travel money online from Travelex for home delivery or collection at one of their UK stores.

You can also consider the Travelex Money Card, which is an easy and secure way to manage your holiday currency.

The card can be loaded and used in ATMs in Turkey or for contactless payments where Mastercard prepaid is accepted.

If you lose the card, you can freeze it or cancel it, and since it's not connected to your bank account, you won't face any further financial loss.

You can order your currency as cash or on the card, and once you have a card, you can manage your spending, top up, and change currency using the Travelex Money App.

When traveling in Turkey, it's a good idea to have both cash and a card, as you'll need cash for small shops and markets, taxis, and buses.

Having a combination of Turkish lira and euros in cash is a good idea, as euros are often accepted in Turkey and can even be requested as the main currency.

The Travelex Money Card is an easy way to convert pounds to lira and euros, and you can top it up with more currency on the go if needed.

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You can easily top up your Travelex Money Card with more currency, depending on what currency is being used more.

Any unspent money on your card can be converted into different currencies for your next trip or back into pounds.

It's worth noting that the Travelex Money Card is not connected to your bank account, so if you lose it, you won't face losing any more money.

The Turkish lira, or Türk lirası, has been a widely used currency in Turkey for decades. It's been the official currency since 2005, replacing the old Turkish lira.

In recent years, the Turkish government has taken steps to increase the use of cashless payments, making it easier to use the lira for digital transactions. This move aims to reduce the reliance on physical cash and promote a more modern payment system.

The Central Bank of the Republic of Turkey has also implemented various measures to stabilize the currency and combat inflation, which has had a significant impact on the value of the lira.

The new Turkish lira has undergone significant changes over the years.

In 1981, the Central Bank of the Republic of Turkey introduced aluminium TL 1, TL 5, and TL 10 coins to combat inflation.

These coins were the first to feature the Turkish lira denomination.

The Turkish State Mint has been involved in the production of these coins, including the 10 Turkish lira coin from 1986, which features a head of Mustafa Kemal Atatürk on the obverse side.

The 10 Turkish lira coin was made of aluminium and a total of 223,290,000 coins were minted from 1984 to 1989.

Higher denominations of the Turkish lira were introduced in the following years, including TL 20, TL 50, TL 100 in 1984, TL 25 in 1985, and so on, culminating in TL 250,000 coins in 2002.

Here's a list of the higher denominations introduced:

The Turkish Lira is one of the most unstable currencies in the world. It's not uncommon for its value to fluctuate rapidly, making it a challenging currency to work with.

One of the main reasons for the lira's instability is its strong dependence on the prices of gold. This means that changes in the global gold market can have a significant impact on the lira's value.

The lira's exchange rate is controlled by the national government, which can sometimes lead to unpredictable market movements. This control can be both a blessing and a curse for investors and travelers alike.

The Turkish Lira is also one of the cheapest currencies in the world, making it a popular choice for tourists and international transactions.

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