Future Plans for Turkish Money

As of January 1 2009, the Turkish government dropped the ‘new’ from the lira and the lira is just the lira once more. This is what you will be given if you change money in the banks, exchanges or use the ATMs. New Turkish Lira can still be used in shops and restaurants for the rest of 2009. After that time, it can be redeemed at branches of the Central Bank in Turkey for the next 10 years but officially become worthless as of January 1st 2020.