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Turkish Republic history

DECLARATION OF THE TURKISH REPUBLIC OF NORTHERN CYPRUS, NOVEMBER 15, 1983

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FAQ

rajan r
Turkish currency TURK LIRASI 10Million have ever beer banned ?

If it is banned means when it has been done ,now how can it be exchanged

I have no idea what you're talking about but I'm going on a wild goose chase.

I guess you mean when the new Turkish liras (YTL) have been introduced to replace the old turkish liras(TL)? On january 2005.

And I'm guessing you have 10 million TLs with you and you're asking if it's possible to exchange it. 10 millions makes 10ytl on the current currency so if you find a bank that'll agree to exchange you'll have 10ytl which roughly 7 dollars on today's market.

Last year there was a couple of banks still exchanging old liras (If I'm not mistaken Ziraat bankasi was one of them)…

Daniel A
Is the dollar as a millionaire in Turkey ?

1 US Dollar = 1, 439 , 500 Turkish Lira
Is the dollar equivalent of many in Turkey ?

Owing to the chronic inflation experienced in Turkey from the 1970s through to the 1990s, the Turkish lira experienced severe depreciation in value. Turkey has had high inflation rates compared to developed countries but has never suffered hyperinflation. From an average of 9 lira per U.S. dollar in the late 1960s, the currency came to trade at approximately 1.65 million lira per U.S. dollar in late 2001. This represented an average inflation of about 38% per year. Prime Minister Recep Tayyip Erdoğan had called this problem a "national shame". In late December 2003, the Turkish…

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