After December 31, 2016, old TL notes and coins will no longer be legal tender (ie, official currency). In other words, they will be worthless except for their curiosity or collectors’ value. Until 2005, you had to deal with all those zeros. With the 2009-series Turkish Lira, it’s much simpler now.
Are old Turkish Lira notes worth anything?
After many years of hyperinflation, the Turkish Old Lira was the world’s least valuable currency per unit, with a coffee costing 4 Million Lira. In 2005, six zeroes were dropped, so that 1 Million Lira became 1 Lira. Turkish Old Lirasi are now obsolete.
Where can I cash in Turkish lira?
The easiest way to get cash liras is to stick your home bank card or credit card into a Turkish ATM (bancomat/cashpoint, cash machine). More… You can exchange foreign-currency cash at a Currency Exchange Office (Döviz Bürosu).
How much is Turkish Lira to a dollar?
Quick Conversions from Turkish Lira to United States Dollar : 1 TRY = 0.11542 USD
| TRY | USD |
|---|---|
| ₺ 1 | $, US$ 0.12 |
| ₺ 5 | $, US$ 0.58 |
| ₺ 10 | $, US$ 1.15 |
| ₺ 50 | $, US$ 5.77 |
How much is a 1000 Turkish Lira coin worth?
1000 lira coin: equivalent to 0.001 lira today – value is less than 1p.
What is money called in Turkey?
Turkish lira
Turkey/Currencies
How much is a 1 million Turkish lira Bill worth?
For example, the two banknotes in the pictures below have the same value: 1 new Turkish Lira (dated 2005) is the equivalent of 1 Million old Turkish Lira (dated 1970). The total exchange value of 1 Million old Turkish lira is £0.15 pounds. The 1 new Turkish lira bill has the same value: £0.15 pounds.
When did the old Turkish lira go out of circulation?
In 2005, after many years of hyperinflation, the Old Turkish Lira (TRL) was replaced by the New Turkish Lira (YTL) at a rate of 1 Million old Lira to 1 new Lira. The exchange deadline for Old Turkish Lira notes issued by the Türkiye Cumhuriyet Merkez Bankası expired in 2015.
How old is the 10000 lira banknote in Turkey?
10000 Turkish Old Lira banknote (7th emission group 1970) obsolete Old Turkish Lira banknotes. The 10000 On Bin Türk Lirasi banknote has a portrait of Atatürk on the front side, and a portrait of Turkish architect Mimar Sinan on the back side.
Can you change your lira to TLS in Turkey?
The last few years, the Turkish currency stabilized and even rose against the US Dollar and the Euro. But it is still preferred not to change your money to TLs prior to your arrival in Turkey. The old Turkish lira remained in circulation until the end of 2005, but is now no longer valid and thus worthless.
