The Turkish Lira (TRY)
The Turkish Lira (TRY, ₺) is the official currency of Turkey, a country that bridges Europe and Asia with a rich history and vibrant culture. The lira is used daily for shopping, business, and trade throughout Turkey. Its banknotes and coins display important historical figures, landmarks, and national symbols.
Currency overview
The Turkish Lira is issued and managed by the Central Bank of the Republic of Turkey. The bank controls the money supply, sets monetary policy, and works to keep the currency stable.
The original Turkish Lira was introduced in 1923 after the founding of modern Turkey. The current version, called the “New Turkish Lira,” was introduced in 2005 after a currency reform that removed six zeros from the old lira. As of 2025, the “New Turkish Lira” is 20 years old.
The Turkish Lira features a modern symbol “₺” designed to represent a rising economy and stability. Banknotes show important figures like Mustafa Kemal Atatürk, the founder of modern Turkey, and famous landmarks. The currency has gone through several changes to combat inflation and improve trust.
The symbol “₺” combines the letter “L” (for lira) with two horizontal lines that suggest stability and growth. It was introduced in 2012 to give the currency a unique and recognizable identity, both in Turkey and internationally. The currency code “TRY” is used in global finance.
Turkish Lira Stats | |
|---|---|
Name | Turkish Lira |
Symbol | TRY / ₺ |
Minor unit | Kuruş |
Minor unit symbol | kr |
Top TRY conversion | TRY/USD |
Top TRY Chart | TRY to USD, EUR, GBP |
Turkish Lira Profile | |
|---|---|
Nicknames | Lira, TRY |
Coins | 1, 5, 10, 25, 50 kuruş; 1 lira |
Bank notes | 5, 10, 20, 50, 100, 200 lira |
Central Bank | Central Bank of the Republic of Turkey |
Users | Turkey |
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