Revaluation of the Turkish lira

New Turkish lira
Yeni Türk Lirası (Turkish)
New lira banknotes and coins
ISO 4217
CodeTRY
Unit
SymbolYTL
Denominations
Subunit
1100new kuruş
Banknotes1, 5, 10, 20, 50, 100 new lira
Coins1, 5, 10, 25, 50 new kuruş, 1 new lira
Demographics
User(s)
Issuance
Central bankCentral Bank of the Republic of Turkey
 Websitewww.tcmb.gov.tr
Valuation
Inflation10.61% (Turkey, June 2008)
 SourceCentral Bank of the Republic of Turkey, Inflation report 2008-III
This infobox shows the latest status before this currency was rendered obsolete.

The new Turkish lira (Turkish: Yeni Türk Lirası) was the currency of Turkey and the de facto independent state of the Turkish Republic of Northern Cyprus between 1 January 2005 and 31 December 2008 which was a transition period for the removal of six zeroes from the currency.[1] The new lira was subdivided into 100 new kuruş (yeni kuruş). The symbol was YTL and the ISO 4217 code was TRY.

  1. ^ Official Gazette of the Republic of Turkey. "Law on the Currency of the Republic of Turkey".

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