What is the difference in features between the old Turkish lira and the new Turkish lira?

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1228155

2026-04-08 08:25

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The first lira depreciated in value due to some hyperinflation that Turkey experienced. So they passed a law to remove 6 zeroes from the currency to create a new lira. They now just call it the lira.

There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiOSity value. (1 New Turkish lira is worth (March 2009) about US$0.75.)

Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira

There are pictures of the actual notes on Wikipedia.

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