Turkey's unit of currency is the Turkish
Lira (Türk Lirası), abbreviated TL, TRY, or using the special Turkish lira symbol (₺). Here's the full story...
are current Turkish Lira
Old Liras, New Liras
From 2005 through 2008, the Turkish
currency was called the New
Turkish Lira (Yeni
Türk Lirası, YTL or
In 2009 a new
series of banknotes (bills)
called "E9," with
Both the 2005 series notes
and 2009 "E9" series
notes had the same value, but the
withdrawn from circulation during
As of December
31, 2009, the 2005
New Turkish Lira (YTL) notes
are no longer accepted for payment,
but may be exchanged for the newer 2009-series
Turkish Lira notes at any branch
of the Central Bank of the Republic
of Turkey (TC Merkez Bankası),
or TC Ziraat Bankası.
Turkish Lira is
equivalent to one million (old,
Liras (TL). In other words, six
zeros were dropped from
the old TL in 2005 to make the YTL,
which is now—again—called simply "TL."
Old pre-2005 Turkish Liras
The YTL replaced
the old pre-2005 Türk Lirası
(TL, TRL). Old
Turkish liras were withdrawn
from circulation during 2005.
Note that you should not accept pre-2005
Turkish Lira notes —the ones
with lots of zeros—any more. They
are no longer legal for payment. That old 1 million TL note won't even buy you a cup of Turkish coffee.
TL notes may now be
exchanged for 2009
TLs only at
Turkish Central Bank (TC Merkez
or, in the absence of a Central
Bank office, at a TC Ziraat
Bankası office, until December
LeftoverCurrency.com says it will buy these old notes from you. More...
Cash4Coins.co.uk will exchange your leftover Turkish lira coins and notes for GBP (UK pounds sterling) by mail. More...
After December 31, 2016, old
TL notes and coins will no longer be legal tender
(ie, official currency). In other words,
they will be worthless except for their
curiosity or collectors' value.
you had to deal with all those zeros.
With the 2009-series
Turkish Lira, it's
much simpler now.
Besides out-of-date Turkish lira notes, you may encounter counterfeit Turkish lira notes, as well as fake US dollar and euro notes. Here's how to recognize. them. More...