Turkish Lira (TRY)

The Turkish Lira is issued by the Central Bank of the Republic of Türkiye.

Alphabetic code
TRY
Numeric code
949
Symbol
₺
Minor units
2
Example
TRY 1,234.50
Used in
Türkiye

History

  1. 2005 The new Turkish lira replaces the old lira on 1 January at 1 new lira to 1,000,000 old lira, removing six zeros.
  2. 2009 The word “new” is dropped from the lira’s name on 1 January.
  3. 2018 The lira falls about 37 per cent against the US dollar between 2 January and 10 August, measured on the central bank’s indicative rates.
  4. 2021 The lira loses about 45 per cent of its value against the US dollar during 2021, as the central bank cuts its policy rate from 19 per cent to 14 per cent between September and December.

Live exchange rates

Sources