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  2. Turkish lira - Wikipedia

    en.wikipedia.org/wiki/Turkish_lira

    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.

  3. Lira - Wikipedia

    en.wikipedia.org/wiki/Lira

    The lira was the currency of Italy from its unification until it was merged into the euro in 1999. [2] A unit of currency lira had previously been used in some of the states and possessions that became Italy but their values were not necessarily equivalent. (See Luccan lira, Papal lira, Parman lira, Sardinian lira and Tuscan lira.)

  4. Ottoman lira - Wikipedia

    en.wikipedia.org/wiki/Ottoman_lira

    Gold coins continued to be minted after the abolition of the gold standard, even into the 1920s, but their value far exceeded the value of the equivalent denominations in paper currency. The central Ottoman Bank first issued paper currency known as kaime in 1862, in the denomination of 200pt. The notes bore texts in Turkish and French.

  5. Turkish economic crisis (2018–current) - Wikipedia

    en.wikipedia.org/wiki/Turkish_economic_crisis...

    The market reacted immediately, moving the Turkish currency to ca. 13.50 liras/USD, after peaking at about 12.30, in what was the widest swing in the exchange rate since 1983. [ 160 ] [ 161 ] 21 December - frenetic trading continues, with the exchange rate dropping to 11.0935 per dollar before going up to about 12.90 later in the morning and 12 ...

  6. Piastre - Wikipedia

    en.wikipedia.org/wiki/Piastre

    Calling the US dollar a piastre is still common among speakers of Cajun French and New England French. Modern French uses dollar for this unit of currency as well. The term is still used as slang for US dollars in the French-speaking Caribbean islands, most notably Haiti. Piastre is another name for kuruş, 1 ⁄ 100 of the Turkish lira.

  7. Kuruş - Wikipedia

    en.wikipedia.org/wiki/Kuruş

    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.

  8. Economy of Turkey - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Turkey

    A period of strong economic growth between 2002 and 2013 (except for 2009) [41] was followed by a period of stagnation and recession in terms of USD-based nominal GDP figures between 2014 and 2020, [41] especially during the 2018 Turkish currency and debt crisis; even though Turkey's USD-based GDP-PPP and TL-based nominal GDP have continued to ...

  9. Revaluation of the Turkish lira - Wikipedia

    en.wikipedia.org/wiki/Revaluation_of_the_Turkish...

    The new Turkish lira (Turkish: Yeni Türk Lirası) was the currency of Turkey and the de facto independent state of the Turkish Republic of Northern Cyprus between 1 January 2005 and 31 December 2008 which was a transition period for the removal of six zeroes from the currency. [1] The new lira was subdivided into 100 new kuruş (yeni kuruş).

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