TRY - Turkish Lira
Turkish Lira Basic Information
Category | Details |
|---|---|
Name | Turkish Lira |
Symbol | ₺ |
Code | TRY |
Country or Region | Turkey |
Central Bank | Central Bank of the Republic of Turkey |
TRY - Turkish Lira Denominations & Conversion
The Turkish Lira (TRY), symbolized as "₺", is the currency of Turkey. It is subdivided into 100 kuruş. The lira is noted for its variety in denominations, allowing precise pricing and convenient transactions across the country.
Unit | Subunits | Conversion Relationship |
|---|---|---|
Lira (₺) | Kuruş | 1 Lira = 100 Kuruş |
Coins | 1₺, 5₺, 10₺, 25₺, 50₺, 100₺ | Each coin is valued at its face value |
Banknotes | 5₺, 10₺, 20₺, 50₺, 100₺, 200₺ | Each banknote is valued at its face value |
TRY - Turkish Lira History
The Turkish Lira was introduced in 1923 following the establishment of the Republic of Turkey. Marked by periods of economic instability, it underwent a significant redenomination in 2005 to curb inflation and simplify transactions. The revaluation aimed to stabilize the currency and restore confidence in the economy.
Top 5 Cities in Turkey
Ankara (Capital): As the capital of Turkey, Ankara is the center of government and diplomacy, known for its museums, the mausoleum of Atatürk, and several foreign embassies.
Istanbul: A city straddling Europe and Asia, Istanbul is Turkey's cultural and economic heart, famed for its rich history, vibrant bazaars, and the iconic Hagia Sophia and Blue Mosque.
İzmir: Known for its ancient heritage and as a gateway to the Aegean Sea, İzmir boasts a cosmopolitan atmosphere and is a hub for trade and tourism.
Antalya: A prime destination on the Mediterranean coast, Antalya is beloved for its stunning beaches, historical ruins, and the bustling Kaleiçi district.
Bursa: Once the capital of the Ottoman Empire, Bursa is famous for its silk markets, thermal spas, and the surrounding lush Uludağ National Park.
Travel Tips for Visiting Turkey
Land and Administrative Divisions: Turkey spans over 783,356 sq km, divided into 81 provinces. The country bridges Europe and Asia, offering a blend of Eastern and Western cultural influences.
Climate and Weather: Turkey experiences varied climates: Mediterranean on the coast, continental in the interior. Travelers should prepare for hot summers and cold winters, especially when traveling inland.
Cuisine: Turkish cuisine varies by region. Staples include kebabs, mezes, and sweets like baklava and Turkish delight. Turkey is also known for its rich coffee and tea culture.
Payment Methods: Cash is widely used, especially in rural areas and local markets. ATMs are common, and credit cards are accepted in cities and tourist areas. Mobile payment solutions are growing in popularity.
Telecommunications: Major telecom operators include Turk Telekom, Turkcell, and Vodafone Turkey, providing extensive coverage.
Transport: Turkey has a comprehensive transportation network, including extensive bus services, domestic flights, and a developing high-speed rail line, particularly between major cities.
Attractions and Heritage Sites: Turkey is home to multiple UNESCO World Heritage Sites, including the Historic Areas of Istanbul, the rock sites of Cappadocia, and the ancient city of Ephesus.
Tipping: Tipping is customary in Turkey, especially in restaurants and cafes, where 5-10% is standard, depending on the service quality.
