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As of 2020, the Turkish lira continued to plummet in value, with the currency going through a process of depreciation, consistently reaching all-time lows. The Turkish lira deflated by over 400% compared to the US dollar and the euro since 2008, largely due to Erdoğan's expansionist foreign policy.
US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
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).
Turkish lira euro (unofficial) sterling (unofficial) ₺ € £ TRY. EUR GBP kuruş. cent penny. Cypriot pound South Ossetia Georgia: Russian ruble ₽ RUB kopeck: Soviet ruble Transnistria Moldova: Transnistrian ruble: руб PRB (unofficial) kopeck Soviet ruble
WASHINGTON (Reuters) -The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments for benefit payments boosted outlays by some $80 ...
Until the 1930s and the Turkish alphabet reform, the Arabic script was used on Turkish coins and banknotes, with پاره for para, قروش for kuruş and ليرا for lira (تورك ليراسي for 'Turkish lira'). In European languages, the kuruş was known as the piastre, whilst the lira was known as the livre in French and the pound in ...
Cypriot lira/pound 1879–2007; merged into the euro, 2008; French livre 781–1794; became the French franc; Israeli lira/pound 1948–1980; replaced by the old shekel in 1980. Italian lira 1861–2002; merged into the euro, 1999 (notes and coins from 2002) Italian East African lira 1938–1941; supplanted by the East African shilling
The Central Bank of the Republic of Türkiye (CBRT) (Turkish: Türkiye Cumhuriyet Merkez Bankası, TCMB) is the central bank of Turkey.Its responsibilities include conducting monetary and exchange rate policy, managing international reserves of Turkey, as well as printing and issuing banknotes, and establishing, maintaining and regulating payment systems in the country.