What is the currency of Turkey?

The currency of Turkey is the Turkish Lira, which is represented by the symbol ₺ and the code TRY. The Turkish Lira has been the official currency of Turkey since 1923 when it replaced the Ottoman lira. It is issued and controlled by the Central Bank of the Republic of Turkey.

The Turkish Lira is divided into subunits known as kurus, with 100 kurus equaling 1 lira. Banknotes are available in denominations of 5, 10, 20, 50, 100, and 200 lira, while coins are available in denominations of 1, 5, 10, 25, and 50 kurus, as well as 1 lira.

When traveling to Turkey, it is recommended to exchange your currency for Turkish Lira at local banks or exchange offices. While some businesses may accept foreign currency or credit cards, it is always best to have the local currency on hand for transactions.

If you are interested in learning more about the Turkish Lira, its history, and current exchange rates, you can visit the official website of the Central Bank of the Republic of Turkey here. This website provides up-to-date information on the Turkish economy, monetary policy, and currency exchange rates.

Overall, the Turkish Lira is an essential part of daily life in Turkey and is used for all transactions, from shopping at local markets to dining at restaurants. It is a symbol of the country's rich history and vibrant culture, and understanding its value and importance can enhance your experience while visiting this beautiful country.

So, next time you find yourself in Turkey, be sure to have some Turkish Lira on hand to fully immerse yourself in the local culture and make the most of your trip!

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