Here are old pre-2005 Turkish
Lira notes (bills) and coins, now no
longer in circulation. Do not
On January 1, 2009,
a new series
of Turkish Lira notes was introduced.
You should accept only
these Turkish Lira notes.
Turkish Lira (YTL:
Yeni Türk Lirası), current
from 2005 through 2008, made the
old pre-2005 Turkish Lira (Türk
Lirası, TL, TRL) notes and
If someone tries to pay you with old
pre-2005 series notes or New Turkish
Lira (YTL) notes, do not accept
them! Insist on the 2009
series Turkish Lira notes.
It's not that the old pre-2005 Turkish
Lira and 2005-to-2008 New Turkish Lira
notes are valueless. Rather, they're
inconvenient: they may be exchanged
for the current notes only at
Turkish Central Bank (TC Merkez
Bankası) offices or, in the absence
of a Central Bank office, at a TC
Ziraat Bankası office, until December
If you don't do that, you'll probably
have to find some other sucker to accept
them, and it won't be a Turk.
LeftoverCurrency.com says it will buy these old notes from you, though at quite a discount. More...
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 a small bottle of water. You might as well just keep the old note as a souvenir.
The Turkish Lira is divided into
100 kuruş (koo-ROOSH).
Here are the old pre-2005
2005, it was easy to be a Turkish
millionaire: this one-million-lira
note was worth less than US$1.