Tag turkish lira
The Turkish Lira (TRY) is the official currency of Turkey. Here are some interesting facts and information about the Turkish Lira:
Symbol: ₺ (Latin) or TL (Latin, used in international transactions)
Subunit: Kuruş (kr)
Denominations: Coins: 1, 5, 10, 25, and 50 kuruş; Banknotes: 5, 10, 20, 50, 100, and 200 Turkish Lira
History: The Turkish Lira was introduced in 1923, replacing the Ottoman Lira. The currency has undergone several revaluations and redenominations since then.
Currency Code: TRY
Exchange Rate: The exchange rate of the Turkish Lira can fluctuate frequently due to economic and political factors. As of [current date], the exchange rate is approximately [current exchange rate] against the US Dollar (USD).
Interesting Facts:
- The Turkish Lira is named after the Ottoman Empire's former currency, the Lira.
- The currency's symbol, ₺, is a stylized representation of the Ottoman Empire's former currency symbol, the "Lira" (ℓ).
- The Turkish Lira is not a reserve currency, but it is widely accepted in international transactions.
- The Central Bank of the Republic of Turkey (CBRT) is responsible for issuing and regulating the Turkish Lira.
Useful Phrases:
- "Para" (pronounced "pah-rah") means "money" or "currency" in Turkish.
- "Lira" (pronounced "lee-rah") refers to the Turkish Lira currency.
- "Kuruş" (pronounced "koo-roosh") is the subunit of the Turkish Lira, equivalent to 1/100 of a Lira.
I hope you found this information helpful!