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In the transitional period between 1 January 2005 and 31 December 2008, the second Turkish lira was officially called "new Turkish lira" (abbr: YTL) in Turkey. Banknotes, referred to by the Central Bank as the "E-8 Emission Group", were introduced in 2005 in denominations of YTL 1, YTL 5, YTL 10, YTL 20, YTL 50, and YTL 100.
The E-9 banknotes refer to the currency as "Turkish lira" rather than "new Turkish lira" and include a new ₺200 denomination. [60] The new banknotes have different sizes to prevent forgery. [ 61 ] The main specificity of this new series is that each denomination depicts a famous Turkish personality, rather than geographical sites and ...
Banknotes, referred to by the Central Bank as the "E-8 Emission Group", were introduced in 2005 in denominations of 1, 5, 10, 20, 50, and 100 new lira. Whilst the lower four denominations replaced older notes and used very similar designs, the 50 and 100 new lira notes did not have equivalents in the old currency.
A big fall in Turkey's lira is hardly rare these days, but the currency's precipitous 20% plunge over the last week is ramping up risks of a balance of payments crisis unless authorities can ...
Turkish new lira = 1 million old lira: 2005 "new" is an official designation and was dropped in 2009. New Taiwan dollar = 40 000 old dollars: 1949 "new" is an official designation and is still used in official documents today. Argentine austral = 1 000 Peso argentino: 1985 completely new name Yugoslav 1993 dinar = 1 million 1992 dinara 1993
"Amazon's minimum order size for free shipping has changed to $35," the company said in a brief announcement on its site. "This is the first time in more than a decade that Amazon has altered the ...
The collapse of the Turkish lira spreads its toxic influence on the European and EM financial markets. The Turkish lira has lost 11% to 7.11 per dollar since the start of trading on Monday but ...
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.