Turkish Lira traces back to Ottoman era (1844-1923) as Ottoman Lira. First Turkish Lira (1923-2005) featured Atatürk portraits on banknotes. Lira reached all-time low in late nineties, worth TL 154,400,000 before 2005. Second Turkish Lira introduced in 2005 with YTL 1 = TL 1,000,000
December 2022: 18.7087 to 18.6972. November 2022: 18.6399 to 18.6300. October 2022: 18.5654 to 18.6038. September 2022: 18.4986 to 18.4970. August 2022: 18.1505 to 18.1824
December 2021: 13.2905 to 13.3191. November 2021: 12.7380 to 13.5015. October 2021: 9.5246 to 9.6030. August 2021: 8.3688 to 8.3045. July 2021: 8.4528 to 8.4520
Central bank raised one-week repo rate by 500 basis points to 40%. Turkish lira rose 0.3% after initial 0.8% gain. Banking stocks and sovereign bond yields increased significantly
First notes introduced in 1926 with both French and Turkish texts. Atatürk portraits appeared on all denominations from 1937 to 1939. TL 1 notes reintroduced in 1942, followed by 50 kuruş notes in 1944
Ottoman lira introduced in 1844, replacing kuruş as 1/100 subdivision. First Turkish lira (1923-2005) featured Atatürk portraits on banknotes. Second Turkish lira (2005-present) introduced with ₺50 and ₺100 denominations. Lira became world's least valuable currency multiple times between 1995-2004