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The Turkish lira is the official money used in Turkey for buying and selling goods and services. It matters because it's essential to Turkey's economy and affects the purchasing power of Turkish citizens and the country's international trade.
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ISO 4217 CodeTRY (numeric: 949) (before 2006: TRL) Subunit0.01 Unit UnitLira Pluralliralar SymbolTL, ₺ Denominations Subunit 1⁄100Kuruş Symbol Kuruşkr Banknotes Freq. used₺5, ₺10, ₺20, ₺50, ₺100, ₺200 Coins Freq. used25kr, 50kr, ₺1, ₺5 Rarely used1kr, 5kr, 10kr Demographics User(s) Turkey Northern Cyprus Issuance Central bankCentral Bank of the Republic of Turkey Websitewww.tcmb.gov.tr PrinterCBRT Banknote Printer Websitewww.tcmb.gov.tr MintTurkish State Mint Websitewww.darphane.gov.tr Valuation Inflation31.10% SourceYCharts . MethodCPI ^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; abbreviation: TL) is the official currency of Turkey. It is also legal tender in the de facto state of the Turkish Republic of Northern Cyprus. One lira is divided into one hundred kuruş. The First Turkish lira could be further subdivided, where one kuruş was equal to 40 para.