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Between 1844 and 1855, coins were introduced in denominations of 1p, 5p, 10p, 20p, 1 ⁄ 2 pt, 1pt, 2pt, 5pt, 10pt, 20pt and LT 1 ⁄ 4, LT 1 ⁄ 2, LT 1, LT 2 + 1 ⁄ 2 and LT 5. The para denominations were struck in copper, the kuruş in silver and the lira in gold. The 1p was discontinued in 1859, with the higher copper denominations ceasing ...
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The first territory in the Middle East to adopt the pound sterling unit of account was Cyprus.At the time of the occupation in 1878, for the purpose of paying the troops the British government instructed that a Turkish lira was to be rated at 9 ⁄ 10 of a pound sterling. [5]
£1 sterling = 480 MAL This infobox shows the latest status before this currency was rendered obsolete. The lira ( Arabic : ليره , plural: lire , abbreviation: MAL), officially known as the Military Authority Lira , was the currency of the British zone of occupation (later Mandate Territory) in Libya between 1943 and 1951, and of the ...
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Lira is the name of several currency units. It is the current currency of Turkey and also the local name of the currencies of Lebanon and of Syria.It is also the name of several former currencies, including those of Italy, Malta and Israel.
As the silver coins were debased, other denominations appeared: 30 para, 1 + 1 ⁄ 2, 3, 5 and 6 kuruş. The final coinage issued before the currency reform consisted of billon 1, 10 and 20 para, and silver 1 + 1 ⁄ 2, 3 and 6 kuruş. In 1844, the Turkish gold lira was introduced as the new standard denomination.
The English word "pound" derives from the Latin expression lībra pondō, in which lībra is a noun meaning 'pound' and pondō is an adverb meaning 'by weight'. [ 1 ] [ 2 ] The currency's symbol is ' £ ' , a stylised form of the blackletter 'L' ( L {\displaystyle {\mathfrak {L}}} ) (from libra ), crossed to indicate abbreviation.