Basic Features of Turkish Money

The new set of money introduced from 2005 has quite a few changes that also reflect the changing face of the economy of Turkey. Presently 100 'kurus' makes 1 Yeni Turkish lira and the notes remain similar in color and the basic look with new additions in the form of 50 and 100 YTL. As mentioned earlier, the new currency does away with all the zeroes, which is a convenience to almost everyone, the new YTL1.00 equals (old) TL1,000,000. Sounds sort of amazing.

Coins are an integral part of Turkish money and are never to be underestimated. In fact you should always keep a pocket full of them. They are especially indispensable if you choose to travel by the dolmus and to use public urinals. Even if you do not use these facilities try never to run short of them. They come in denominations of 25.000, 50.000 and 100.000 lira pieces.