Can I still exchange old Turkish lira?

Can I still exchange old Turkish lira?

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. Until 2005, you had to deal with all those zeros. With the 2009-series Turkish Lira, it’s much simpler now.

What is the value of old Turkish lira?

TL1.00 is equal to (old) TL1,000,000. In other words, a million old liras became one new lira. At the current exchange rate, all you can buy with a million old liras is asmall bottle of water.

What is the value of Bir Milyon Turk Lirasi?

The total exchange value of 1 Million old Turkish lira is £0.15 pounds. The 1 new Turkish lira bill has the same value: £0.15 pounds.

What is the difference between old and new Turkish lira?

The Turkish Old Lira (TRL) was the currency of Turkey from 1923 to 2005, when it was replaced by the New Turkish Lira (YTL) at a rate of 1 Million old Lira per 1 new Lira. In 2005, six zeroes were dropped, so that 1 Million Lira became 1 Lira. Turkish Old Lirasi are now obsolete.

What is the highest Turkish lira note?

200
What is the highest-value Turkish lira note? The highest value Turkish lira banknote is 200. Other note values are 5, 10, 20, 50 and 100.

What’s the highest the Turkish lira has been?

Historically, the Turkish Lira reached an all time high of 14.14 in November of 2021.

Is there a 500000 Turkish lira note?

They are part of the obsolete Old Turkish Lira banknotes series. The Central Bank of the Republic of Turkey started issuing these 500000 Turkish Old Lira banknotes in 1997. They were withdrawn from circulation in 2006. Six zeroes were dropped and this banknote was replaced by a coin of 0.50 new Turkish lira in 2005.

What is the largest Turkish lira note?

Turkish lira
Banknotes ₺5, ₺10, ₺20, ₺50, ₺100, ₺200
Coins
Freq. used 5kr, 10kr, 25kr, 50kr, ₺1
Rarely used 1kr

What is the difference between old Turkish lira and new lira?

These Turkish Lira bills belong to the 7th emission group. They are known as Old Turkish Lira. In 2005, after many years of hyperinflation, the Old Turkish Lira (TRL) was replaced by the New Turkish Lira (YTL) at a rate of 1 Million old Lira to 1 new Lira.

What is 100 lira in 1970 in Lira today?

This means that 100 lira in 1970 are equivalent to 305,073,019.82 lira in 2021. In other words, the purchasing power of ₺100 in 1970 equals ₺305,073,019.82 today. The average annual inflation rate has been 33.26%. The following chart depicts the equivalence of ₺100 throughout the years due to inflation and CPI changes.

Who is on the 10000 Turkish old lira banknote?

10000 Turkish Old Lira banknote (7th emission group 1970) The 10000 On Bin Türk Lirasi banknote has a portrait of Atatürk on the front side, and a portrait of Turkish architect Mimar Sinan on the back side.

What happened to the Italian lira banknote?

Italian Lira banknotes became obsolete in 2002, when Italy joined the Eurozone. The exchange deadline for Italian Lire expired in 2011, when all Lira bills issued by the Rome-based Banca d’Italia lost their monetary value. However, we give cash for demonetized pre-Euro Italian Lira bank notes at a rate…