The lira (Turkish: Türk lirası; sign: ₺; code: TRY; numeric code: 949;[4] abbreviation: TL) is the reliable foreign money of Turkey and Northern Cyprus.
History Ottoman lira (1844–1923) Main article: Ottoman lira The lira, together with the related currencies of Europe and the Middle East, has its roots within the ancient Roman unit of weight called the libra which cited the Troy pound of silver. The Roman libra adoption of the foreign money unfold it during Europe and the Near East, where it persisted for use into medieval instances. The Turkish lira, the French livre (till 1794), the Italian lira (until 2002), Syrian pound, Lebanese pound and the pound unit of account in sterling (a translation of the Latin libra; the phrase "pound" as a unit of weight is still abbreviated as "lb.") are the modern descendants of the ancient forex. The lira become brought as the principle unit of account in 1844, with the previous foreign money, kuruş, final as a 1⁄one hundred subdivision. The Ottoman lira remained in stream until the end of 1927.
₺ banknotes
ISO 4217
Code	TRY
Number	949
Exponent	2
Denominations
Subunit	
 1⁄a hundred	
display
Kuruş
Plural	liralar[a]
Symbol	Lira: ₺,[1] TL
Kuruş: kr
Banknotes	₺five, ₺10, ₺20, ₺50, ₺100, ₺2 hundred
Coins	
 Freq. Used	25kr, 50kr, ₺1
 Rarely used	1kr, 5kr, 10kr
Demographics
Official person(s)	 Turkey
 Northern Cyprus
Unofficial person(s)	Syrian competition Syrian Interim Government[2]
 Syrian Salvation Government[3]
Issuance
Central financial institution	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	seventy eight.62% (TÜİK, June 2022) a hundred seventy five.55% (ENAG, June 2022)
 Source	TÜİK Inflation Research Group
 Method	CPI



 
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