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Currency of Turkey

Discover Turkey, home of Turkish Lira

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Turkish Currency

The unit of Turkish money is the Turkish Lira. Try our currency calculator from Turkish Lira (TRY) to EUR, USD, GPB, RUB and more. Also see the table of currency exchange rates.

What is the Turkish Lira?

The new Turkish Lira (TRY) is the currency of Turkey and the Turkish Republic of Northern Cyprus.

In 2005, the New Turkish Lira (YTL) was introduced. Six zeros were deleted from the existing Turkish Lira, which had become impractical to use prior to this there had been approximately 2,500,000 TL to £1.

From 2006 only the new currency will be in circulation and it will revert to be known only as TL (Turkish Lira). There are 100 Kurus (Kr) to the Turkish Lira.

What does it Look Like?

All Turkish notes and coins show the portrait of Mustafa Kemal Ataturk, the founder of the Turkish Republic and its first President.


Turkish Lira Denominations

Banknotes: 1, 5, 10, 20, 50, 100 TL
Coins: 1, 5, 10, 25, 50 Kurus and 1 TL

ATM, Exchange Rates, Cheques

You can obtain currency before travelling to Turkey or on arrival. Exchange rates are usually slightly better in Turkey and all international airports have exchange facilities. Usually, cash can be exchanged without charging commission in exchange offices, banks or hotels. Travelers' cheques can be exchanged in banks.

Cash point machines (ATM) are available in most areas, which accept major credit and debit cards and give instructions in English. It may be a good idea to inform your bank in advance that you are travelling to Turkey as some will automatically put a stop on cards after the first usage in an attempt to combat fraud.

Exchange rates are published daily in Turkish newspapers. If you are planning to exchange currency back from TL before leaving the country, or are making a major purchase, which may need to be declared to customs, you will need to keep your transaction receipts in order to show that the currency has been legally exchanged.


Turkish Currency

Turkish Currency Denominations