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Exchange your Turkish Lira

Do you have leftover Turkish Lira? We offer a fast and easy way to exchange both current and withdrawn Turkish Lira banknotes and coins. Convert them into your local currency today with our quick and hassle-free exchange service.

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Turkish Lira Information

The Turkish Lira (TRY) is the official currency of Turkey and Northern Cyprus, a currency that has undergone several changes over the centuries. The modern Turkish Lira was introduced in 2005, replacing the previous lira, which had been subject to high inflation.
The revaluation of the currency was a key part of Turkey’s economic reforms aimed at stabilising its financial system and supporting economic growth.

The Turkish Lira is subdivided into 100 kuruş, and the currency is issued in both coins and banknotes. Coins are available in denominations ranging from 1 kuruş to 1 lira, while banknotes are issued in denominations of 5, 10, 20, 50, 100, and 200 lira. The designs on Turkish Lira banknotes feature important national figures, including Mustafa Kemal Atatürk, the founder of modern Turkey, and depictions of cultural and historical landmarks.

Turkey’s economy is diverse, with key sectors including manufacturing, agriculture, textiles, and tourism. The Turkish Lira plays a crucial role in supporting the country’s trade relationships with nations in Europe, the Middle East, and Asia. Despite challenges related to inflation, the Lira remains a central part of Turkey’s economy and its position as a major regional power.

The Central Bank of the Republic of Turkey (CBRT) is responsible for issuing the Turkish Lira and managing the country’s monetary policy. The central bank’s main objectives are to maintain price stability, control inflation, and promote economic growth. The Lira is a freely floating currency, and its value is influenced by both domestic and international economic conditions.

In conclusion, the Turkish Lira has been the official currency of Turkey since 2005 and continues to play a vital role in supporting the country’s economic growth. It remains a symbol of Turkey’s financial resilience and its ambitions as a major player in the global economy.

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