How much is 250000 old Turkish lira worth in AUD?

As of today (01APR2011), 250,000 Old Turkish Lira is worth about 0.16 Australian Dollars (AUD).

When they changed from Old lira to New lira, they exchanged them at a rate of 1 million old lira per 1 new lira, so 250,000 old lira is now worth the equivalent of 1/4 new lira.