TRY (₺)

Currency: Turkish lira

The Turkish lira is the official currency of Turkey. One US dollar is worth around 8.50 TRY. The Turkish lira is the currency of Turkey. It was first introduced in 1923, replacing the Ottoman lira. The lira is divided into 100 kuruş. The currency is issued by the Central Bank of the Republic of Turkey. The Turkish lira has been subject to high inflation, so banknotes are issued in denominations as high as 200 lira. The Turkish lira is widely used in Turkey and is often used for transactions in neighboring countries.