Search results
Results from the WOW.Com Content Network
1-lira note dated 1875 but not issued until 1880; it contains text in Persian, Turkish, French, Greek, Armenian and Arabic Lira of Mehmed V, 1911. The pound or lira (sign: LT; Ottoman Turkish: ليرا, romanized: līrā; French: livre turque; Greek: οθωμανική λίρα, romanized: othomanikí líra; Armenian: Օսմանյան լիրա, romanized: Osmanyan lira; Arabic: ليرة ...
In 1844, the Turkish gold lira was introduced as the new standard denomination. It was divided into 100 silver kuruş and the kuruş continued to circulate until the 1970s. Kuruş eventually became obsolete due to the chronic inflation in Turkey in the late 1970s. A currency reform on 1 January 2005 provided its return as 1 ⁄ 100 of the new lira.
In 1844, a kuruş was, in turn, 1 ⁄ 100 of the newly introduced Ottoman lira. The modern Turkish lira is only divided into kuruş. In Serbia, the para has been the subunit of the dinar since the 19th century. The Montenegrin perper was subdivided into 100 pare during its brief existence between 1906 and 1918. In Albania, the para was used as ...
During the 19th century, the Ottoman Empire and the Eyalet of Egypt adopted the lira as their national currency, equivalent to 100 piasters or kuruş. When the Ottoman Empire collapsed between 1918 and 1922, many of the successor states retained the lira as their national currency.
This page was last edited on 17 October 2016, at 09:32 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The akçe or akça (also spelled akche, akcheh; Ottoman Turkish: آقچه; Turkish pronunciation:, , in Europe known as asper or aspre) was a silver coin which was the chief monetary unit of the Ottoman Empire and was once used by Aq Qoyunlu in the early period. [1]
Turkey, [a] officially the Republic of Türkiye, [b] is a country mainly located in Anatolia in West Asia, with a smaller part called East Thrace in Southeast Europe.It borders the Black Sea to the north; Georgia, Armenia, Azerbaijan, and Iran to the east; Iraq, Syria, and the Mediterranean Sea to the south; and the Aegean Sea, Greece, and Bulgaria to the west.
The Turkish lira partially recovered in early 2021 with the government's increase in interest rates. However, the currency began to crash due to inflation and depreciation starting on 21 March 2021, after the sacking of Central Bank chief Naci Ağbal. The Turkish lira reached a then-all-time-low of ₺8.8 to the dollar on 4 June.