Turkey
Turkey is a member state of the Republic of Turkey, located on the north eastern side of the Mediterranean, in the south-east of Europe and in the southwestern part of Asia. It shares regional borders with Bulgaria and Greece To the west, bordered by Romania, Ukraine and Russia, and from the north-west by Armenia, Azerbaijan and Georgia, and on the south by Iraq and Syria.
Turkish currency
The Turkish lira is the official currency in Turkey and is symbolized by the symbol TRY. The lira is divided into 100 piasters.
The Turkish lira is classified into coins and notes. The following is information about each of them:
Currencies Coins from the Turkish lira issued in 2009 include the following categories: pennies, five piasters, ten piasters, 25 piasters, fifty piasters, and one lira.
Banknotes
The Turkish Lira issued nine currency groups, each containing Turkish Lira. The following is a summary of the latest currencies of these groups, namely Group Nine:
5 editions were published; the first edition was published in 2009, the second edition was issued in 2013, and the third edition was issued in 2017. In 2009, and the second edition was issued in 2012, and the third edition was issued in 2017. 20 pounds, and included two editions; the first edition was issued in 2009, and the second edition in 2012. 50 liras, and included three editions; the first edition was published in 2009, the second edition was issued in 2013, and the third edition was issued in 2017.
The first edition was published in 2009, the second edition was issued in 2012, and the third edition was issued in 2017. 200 liras, and included three editions; In 2009, the second edition was issued in 2013, and the third edition was issued in 2017.
History of the money in Turkey
The issuance of each of the coins and banknotes of the Turkish lira at historical stages formed part of the history of Turkey, and the following information about the history of each of them:
The history of coins In the late fifteenth century, coins were Ottoman silver coins. In normal times, minting and production depended on the size of precious metals owned by the state. This contributed to citizens' access to their own coins. Using copper and gold, they used simple liquids until the late 17th century AD, and in 1967 established a new building for the issuance of the Turkish lira, and also encouraged the increasing demand for coins to buy new machines to make money.
The history of banknotes in Turkey dates back to the Ottoman Empire. The circulation of paper money began in a period of time called the era of regulation. This period was characterized by several legal, administrative and social reforms. The first Ottoman paper money was published in 1840, With financial benefits, and was not printed using printing machines, but relied on hand printing, these were easily exposed to counterfeiting, resulting in a decision to stop trading in 1842, and in 1862 issued new types of banknotes P The Ottoman Empire.
After the end of the Second World War, the economic system in Turkey depended on the industrial sector more than the agricultural sector. The decline in interest in agriculture led to the migration of many people from the agricultural lands to the cities. This necessitated the promotion of industrial and civilizational development, In the late 1960s and early 1970s, Turkey was experiencing significant economic growth; foreign loans, high exports and remittances from Turkish workers operating in Europe; In its economic growth during the period between 1974 and 1980.
As a result of economic reforms during the years 1980 to 1994, Turkey's GDP has grown significantly, but the Turkish economy has been affected by a series of unrest that has led to a decline in its growth. This has affected GDP. In 2005, The effects of the economic crisis in 2001, when the Turkish economy witnessed a remarkable recovery, encouraged Turkey to seek accession to the European Union.
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