The Turkish lira is Turkey's official currency, introduced on January 1, 2005, replacing the old lira (1 new lira = 1,000,000 old liras). It is subdivided into 100 kuruş.
History of the Turkish Lira:
The Turkish lira is one of Europe's oldest currencies and was also used by France and Italy. Its name comes from the Latin word 'Libra,' which originally referred to a unit of measurement and is now associated with the pound.
Interesting Facts:
The new lira is used by Turkey and the Turkish Republic of Northern Cyprus. The Turkish lira symbol was created in 2012 by the Central Bank of Turkey.
Exchange rate update date: 2025-06-18