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Facts about the Turkish Lira
Turkish Lira is the official tender of Turkey and Northern Cyprus. It is subdivided into 100 kuruş and abbreviated as TL. The modern TRY has been circulating since 2009 after its redenomination in 2005 when 6 zeros were eliminated. Throughout its history, the Turkish Lira was pegged to different major currencies such as US Dollar and British Pound Sterling. However, nowadays there is no clear peg. It’s possible to meet TRY as banknotes in denominations of 5, 10, 20, 50, 100, and 200 as well as coins of 1, 5, 10, 25, and 50 kurus, plus 1 lira coin.
FAQ
What does TRY mean in currency?
What is the symbol of the Turkish Lira?
What Makes the Turkish Lira Important?
What countries use the Turkish Lira?
Is TRY a good investment?
Turkish Lira Stats
Name
TRY
Symbol
TL
Minor unit
1/100 kuruş
Minor unit symbol
kr
Bank notes
5, 10, 20, 50, 100, 200
Forex Investing
Turkish Lira Exchanges Rates
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