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Turkish Lira (TRY)

Turkish Lira · ₺ · Official currency of Türkiye

History

The Turkish lira (₺) carries a name dating back to the Ottoman Empire. In 2005, a currency reform exchanged 1,000,000 old lira for 1 new lira to address severe inflation.

Banknote Denominations

Six denominations circulate: ₺5, ₺10, ₺20, ₺50, ₺100, and ₺200, all featuring a portrait of Mustafa Kemal Atatürk, founder of the Republic of Turkey, on the front.

Traveler Tips

The Turkish lira has seen significant exchange rate volatility in recent years, so it's safer to exchange money in smaller amounts as needed and check the live rate at a licensed exchange office (döviz bürosu) in the city. Card payments are widely accepted in big cities, but markets and smaller towns sometimes offer a cash discount, so carrying cash can pay off. Notes from different design generations circulate together, so always double-check the printed denomination.

Issuing authority
Central Bank of the Republic of Türkiye (CBRT)
Introduced
Founded 1930
Sub-unit
1 lira = 100 kuruş

You can view the real banknote designs on the Central Bank of the Republic of Türkiye's official page.

See Turkish Lira banknotes at today's exchange rate →