Unit: Turkish Monetary

The Ottoman Lira was introduced in 1844, replacing the piastre as the main unit.

The primary Turkish monetary unit is the . It has a long history, evolving from the Ottoman Empire to the modern Republic, and is subdivided into 100 kuruş . The Turkish Lira (TRY) turkish monetary unit

The "New" prefix was removed, returning to the simple "Turkish Lira." Global Context The Ottoman Lira was introduced in 1844, replacing

Due to high inflation, Turkey dropped six zeros from its currency. For a period, it was called the Yeni Türk Lirası (New Turkish Lira). The Turkish Lira (TRY) The "New" prefix was

The Lira is the official currency of both Turkey and the Turkish Republic of Northern Cyprus. It is issued by the Central Bank of the Republic of Turkey . Key Features

₺ (The double cross-bar represents the bridge between Europe and Asia). Subunit: 1 kuruş (100 kuruş = 1 Lira).

The currency has undergone significant changes to address economic shifts: