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Basic Features of Turkish Money

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The new set of money introduced from 2005 made quite a few changes that also reflect the changing face of Turkey┬┤s economy. Now 100 `kurus` makes 1 Turkish Lira. As mentioned earlier, the new currency did away with all the zeroes - the TRY1.00 equals (old) TL1,000,000. Sounds sort of amazing. The design, size and color of the Turkish lira notes were changed from their New Turkish Lira counterparts and now come in denominations of 5, 10, 20, 50 and 100. A new 200 lira note has also been introduced - there was no 200 New Turkish Lira note before.

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 1, 5, 10, 25 and 50 kurus. There is also a one lira coin.


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