Turkish lira

Turkish lira

Türk lirası (Turkish) TL
Banknotes 1₺ coin
ISO 4217
Code	TRY (numeric: 949) (before 2006: TRL)
Subunit	0.01
Unit
Unit	Lira
Plural	liralar[a]
Symbol	TL, ₺‎
Denominations
Subunit
1⁄100	Kuruş
Symbol
Kuruş	kr
Banknotes
Freq. used	₺5, ₺10, ₺20, ₺50, ₺100, ₺200
Coins
Freq. used	₺1, ₺5
Rarely used	1kr, 5kr, 10kr, 25kr, 50kr
Demographics
User(s)	Turkey Northern Cyprus
Issuance
Central bank	Central Bank of the Republic of Turkey
Website	www.tcmb.gov.tr
Printer	CBRT Banknote Printer
Website	www.tcmb.gov.tr
Mint	Turkish State Mint
Website	www.darphane.gov.tr
Valuation
Inflation	47.09%
Source	YCharts [1].
Method	CPI
^a The plural is rarely used (mostly as an indefinite noun) and it is never used when referring to amounts, e.g. üç lira (three lira), bin lira (one thousand lira).

The lira (Turkish: Türk lirası; sign: ₺; ISO 4217 code: TRY;^[1] abbreviation: TL) is the official currency of Turkey and the Turkish Republic of Northern Cyprus. One lira is divided into one hundred kuruş.

The current lira is the Second Turkish lira, having succeded the first Turkish lira in 2005 which in turn succeded the Ottoman lira in 1923. Since 2018 the Turkish lira has been in crisis, having plummeted in value following Turkish president Erdogan's economic and political policies.