Turkish Lira · TRY
₺ symbol · 1 country currently using this currency.
Currency info
Adopted: 2005
Currency family: Other
The Turkish Lira experienced significant inflation in the 1990s and 2000s, prompting the 2005 redenomination to stabilize the currency.
- Introduced in 2005 as a redenomination of the Turkish Lira, removing six zeros from the currency
- The original Turkish Lira was established in 1923 following the dissolution of the Ottoman Empire
- Replaced the Ottoman Lira as Turkey modernized its economy and institutions
- The new Lira symbol ₺ was officially adopted in 2012 through a public design competition
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
Turkish Lira (old)