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Old or New Turkish Lira, What’s in the Name?

by Istanbul Trails

in City Trip, Visa, Money & Safety

The Turkish lira (Türk Lirası – TL) was introduced in 1844 and was the currency of Turkey until 2005. That year Turkey switched to the New Turkish Lira (Yeni Türk Lirası – YTL, or more officially TRY). They dropped six zeros of the old banknotes and introduced new banknotes and coins. As you can [...]

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