Coins of Turkey – Wikipedia

overview of the history of the coins issued by the Republic of Turkey
This article concerns the coins of Turkey .

first base turkish lira [edit ]

10 Turkish lira 1986.
Obverse: Head of Mustafa Kemal Atatürk with “TÜRKİYE CUMHURİYETİ” lettering (Republic of Turkey Reverse: Face value and year within wreath, crescent moon and star at the top. Crescent opens right
Made of aluminium, total 223,290,000 coins minted from 1984 to 1989.

In 1922–23, a new neologism was introduced consisting of aluminium-bronze 2+1⁄2, 5 and 10 kuruş and nickel 25 kuruş. They were last issued in 1928. These were the last turkish coins to bear inscriptions in the Arabic handwriting. In 1934, silver 1 lira coins were struck, followed the following class by a newfangled neologism consist of cupro-nickel 1, 5 and 10 kuruş, and eloquent 25 and 50 kuruş and 1 turkish lira. Aluminium-bronze 1⁄4-kuruş coins were issued between 1940 and 1942, the concluding coins to bear this appellation. Nickel-brass replaced silver in the 25 kuruş in 1944, with boldness 1, 2+1⁄2, 5, 10 and 25 kuruş introduced between 1947 and 1949. The eloquent 50 kuruş and 1 lira were discontinued in 1948, with cupro-nickel 1 lira issued in 1957.

between 1958 and 1963, bronze 1, 5 and 10 kuruş and steel 25 kuruş, 1 and 2+1⁄2 lira were introduced, followed by steel 50 kuruş and 5 lira in 1971 and 1974, respectively. Aluminium replaced bronze in 1975. These coins were issued up to 1980. In 1981, with inflation gaining pace, aluminum 1-, 5- and 10-lira coins were introduced. Higher denominations followed : 20, 50 and 100 lira in 1984, 25 lira in 1985, 500 lira in 1988, 1,000 lira in 1990, 2,500 lira in 1991, 5,000 lira in 1992, 10,000 turkish lira in 1994, 25,000 lira in 1995, 50,000 lira in 1997, and 100,000 lira in 1999. This culminated in 250,000-lira coins in 2002.

second Turkish lira [edit ]

In the transitional period between 1 January 2005 and 31 December 2008, the second Turkish lira was formally called “ new turkish lira ” in Turkey. Coins were introduced in 2005 in denominations of 1, 5, 10, 25 and 50 modern ( yeni ) kuruş and 1 new ( yeni ) lira. The 1 new kuruş was minted in brass and the 5, 10 and 25 new kuruş in cupro-nickel, whilst the 50 new kuruş and 1 modern turkish lira are bimetallistic. All coins show portraits of Mustafa Kemal Atatürk. New Turkish Lira-set.jpg

To the alarm of the european Central Bank, the sizes and compositions of the 50 new kuruş and 1 new lira coins clearly resemble those of the €1 and €2 coins respectively. ( See comparison photograph in [ 1 ] of 1 ₺ coin and €2 coin. ) This could cause confusion in the eurozone. It besides caused disturb to businesses using vending machines ( particularly at airports ) in the eurozone since a number of vending machines at the fourth dimension accepted the 1 new Turkish lira coin as a €2 coin. Since €2 is worth roughly four times more, vending machines affected had to be upgraded at the expense of their owners .

Since 2009 [edit ]

From 1 January 2009, the “ newfangled ” was removed from the second Turkish lira, its official name in Turkey becoming just “ turkish lira ” again ; new coins without the word “ yeni ” were introduced in denominations of 1, 5, 10, 25, 50 kuruş and 1 lira. besides, the inner and out alloys of the 50 kuruş and 1 lira coins were reversed .

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