Banknotes of Turkey

The official currency of Turkey is the Turkish lira, issued by the Central Bank of the Republic of Turkey. Paper money was first introduced in Turkey in 1840 during the Ottoman Empire. A notable historical event is the 2005 redenomination, which replaced the old lira with the new Turkish lira at a rate of 1,000,000 old lira to 1 new lira. Collectors are drawn to Turkish banknotes for their intricate designs and the variety of themes represented. One compelling feature is the celebration of prominent figures and architectural landmarks, particularly in the 2009 series, which includes the portrait of Mustafa Kemal Atatürk and images of significant structures like the Hagia Sophia.