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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