1 thought on “What currency is try”

  1. Turkish lira is usually abbreviated as TL, which is the official currency of Turkish and North Cyprus Turkey. Its symbol is _, and the official currency code is TRY. The current lira is the second generation of lira. Because the original first -generation Turkish ramen value is too large, the inconvenience of use and currency depreciation causes currency reform.

    The second generation of lira
    From January 1, 2005, the new Turkish lira replaced the old Turkish lira, 1,000,000 old Turkish lira exchanged 1 New Turkish lira.

    The issuance of new banknotes: 200 YTL, 100 YTL, 50 YTL, 20 YTL, 10 YTL, 5 YTL, 1 YTL; coins: 1 ytl, 50 ykr, 25 ykr, 10 ykr, 5, 5, 5, 5, 5, 5, 5, 5, 5, 5, 5, 5, 5, 5, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5kr, 5, 5KR, 5, 5kr. YKR, 1 YKR. The front is the portrait of the Turkish father, Kelmore.

    since January 1, 2009, "new" (Yeni) has been removed from the name of the second -generation Turkish lira. Now its official name has once again become "Türk Liras_), banknotes The coins are re -printed.

    The issuance of banknotes: 200 TL, 100 TL, 50 TL, 20 TL, 10 TL, 5 TL; Coins: 1 TL, 50 KR, 25 KR, 10 KR, 5 KR, 1, 1, 1 KR. The front is the portrait of the Turkish father, Kelmore.

    I international exchange rates
    The currency value of Turkey's lira has gradually depreciated since 2018. The US dollar rises to the level of 4.9 lira in May against Lira in May. The central bank raised interest rates, causing a depreciation of lira. However, Liche has fallen more than 40%as of September 2018 compared with the beginning of the same year, and inflation is as high as 18%. As a result, the Turkish Central Bank has not regarded Erdogan's opposition on September 13. 24 % to deal with the currency crisis.

    2020 The Turkish Licapa accelerated the depreciation again. Erdogan announced in March 2021 that the central bank governor NACI Agbal was caused, which caused a new wave of currency crisis. %, 1 dollar at a high level of 8.47. The decline in the second half of the year continued to expand, but the Turkish central banks had reduced interest rates for 4 consecutive months in September, October, November, and December. Falling to $ 1 against 17.0705 miles, it has fallen 55%since the beginning of 2021, and 30 days from November 18th to December 17th alone, the lira exchange rate has fallen by 37%, Turkey's inflation rate has also risen to 21% Essence

Leave a Comment