Where is lira money from

The data follows an unexpected move by the central bank in September to start an easing cycle to support the economy and despite high inflation. The bank has already cut the policy rate by basis points since then, sending the lira currency to record lows.

Historically, the Turkish Lira reached an all time high of 9. Turkish Lira - data, forecasts, historical chart - was last updated on November of The Turkish Lira is expected to trade at 9. Looking forward, we estimate it to trade at Trading Economics members can view, download and compare data from nearly countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Features Questions? Contact us Already a Member? It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Click here to contact us. Please Paste this Code in your Website. Turkish Lira. Use precise geolocation data. Select personalised content. Create a personalised content profile. Measure ad performance.

Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. TRY is the abbreviation for the official Turkish currency, the new lira. This currency is also used in the Turkish Republic of Northern Cyprus. The Turkish new lira breaks into new kurus coins, and the lira will often have the symbol YTL shown.

First introduced in early , the Turkish new lira was equivalent to one million of the old Turkish lira. During revaluation in , a new law removed the last six zeros from the value of the currency. The TRY printed its ninth issue in The history of the release of the Turkish lira as a currency splits into two periods.

The first Turkish lira is the period between the years and Throughout its history, the currency has been pegged to the French franc, British pound, and both hard and soft pegging to the U. You can accept or reject all cookies or, after changing the settings shown, confirm your preferences by clicking on the buttons provided.

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Thank you very much for your understanding. Origins and history The Turkish lira was introduced for the first time as the official currency of Turkey in It replaced the kurus which was in circulation at the time and became a subdivision of the lira From to the lira was based on two systems: it was worth 6.

Current Turkish lira Coins and Banknotes. Interesting facts of the new Turkish lira The banknotes of 5 and 50 liras are very similar. The 1 lira coin has a diameter of Online money order: best price guarantee Make your order online, choose home delivery or collect it at the airport. Cookie settings In order to provide you with a better browsing experience in the domain and sub-domains of Global Exchange Group companies, we use technical, analytical and personalisation cookies our own and third-party that help us improve your browsing experience, protect your privacy and tailor our websites to your preferences.

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