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The New
Turkish Lira (YTL:
Yeni Türk Lirasi) was introduced
on January 1, 2005, making the old
Turkish Lira (Türk Lirasi, TL,
TRL) notes obsolete.
The old Turkish Lira notes shown below
are now out of circulation, and you
should not accept them! If
someone tries to pay you with them,
insist on New
Turkish Lira notes instead.
It's not that the old Turkish Lira
notes are valueless. Rather, they're
inconvenient: they may
be exchanged for YTL only at Turkish
Central
Bank (TC Merkez Bankasi) offices
or, in the absence of a Central Bank
office, at a TC Ziraat Bankasi office,
until December 31, 2016.
If you don't do that, you'll probably
have to find some other sucker to accept
them, and it won't be a Turk.
YTL1.00
is equal to (old) TL1,000,000. In
other words, a million old liras
becomes one new lira. The
new YTL notes...
The New Turkish
Lira is divided into 100 kurus (koo-ROOSH). Old
Turkish Lira notes and coins are
being withdrawn from circulation,
but are still be accepted through
2005.
Here are the old TL
notes:

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