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What is TRY?

Picture: TRY.

What is TRY? It's currency, Turkish lira, ₺ TL.

Turkish lira coins and banknotes.

Its official name in Turkey is just Turkish lira.

TRY as Turkish lira

The Turkish lira is the currency of Turkey and the Turkish Republic of Northern Cyprus (recognised only by Turkey). The Turkish lira is subdivided into 100 kuruş. Turkish currency sign was TL, from 2012 Turkey started to use for its money a sign ₺. All obverse sides of current banknotes and reverse sides of current coins have portraits of Mustafa Kemal Atatürk. According to the Merrypenny Currency Converter the most popular conversion rates are equally Turkish lira to euro and Turkish lira to USD.

Currency fact sheet

Turkish currency fact sheet.
Name Turkish lira
ISO 4217 code TRY
Sign, symbol
Coin 1kr, 5kr, 10kr, 25kr, 50kr, ₺1
Banknote ₺5, ₺10, ₺20, ₺50, ₺100, ₺200 lira
Central bank Central Bank
of the Republic of Turkey

More about...

More about the Turkish money.

Traveling to Turkey? Change money in Turkey instead of home and gain near 10% improvement. Sterling, euros, and dollars can be easily changed into Turkish lira at all banks, post offices (PTT) and change offices. If to change money today for example in the UK, say £1000, it would return around 2360 Turkish lira, over there it could be around 2500 Turkish lira, that's a couple of nights out difference! They particularly like bank notes in Turkey as the rate can reach very high limits, however they hate £1 coins as these are useless to them.

The new Turkish lira (YTL) was the currency of Turkey and the de facto independent state of the Turkish Republic of Northern Cyprus between 1 January 2005 and 1 January 2009 which was a transition period for the removal of six zeroes from the currency. The symbol was YTL and the ISO 4217 code was TRY. Before that the code was TRL. When shopping in Turkey you will still find people referring to "millions", instead of Lira, when discussing prices. Many people also say "dollar" for "lira". So if you are told something costs "10 dollars" clarify they mean "10 lira".

Lira, the currency of Turkey.

Turkey currency in close up.

Banknotes of Turkish currency.

The only Turkish currency in general use is the lira.

Exchange rates

What is the Turkish lira exchange rate today?

Turkish central bank

The Central Bank of the Republic of Turkey (CBRT) organized a Competition for the Turkish Lira Sign to further enhance the prestige and to raise worldwide recognition of the Turkish lira. Following some revisions made to the winning design, which was selected from applications received by the Turkish central bank within a stipulated timeframe, a unique symbol () has been determined to represent the Turkish currency. The symbol, which is both easily recognizable and aesthetically pleasing, is at the same time eye-catching and can easily be reproduced by hand.

While selecting the Turkish lira currency sign, two marked features of the Turkish lira and the Turkish economy were highlighted in accordance with the principles set forth by the Board. These are; "confidence" and "steadily rising value". The anchor-like sign emphasizes that the Turkish lira has become a "safe haven". The upward pointing parallel lines symbolize the "steadily rising value" of the Turkish lira and the Turkish economy.

The studies carried out for standardization of the Turkish lira sign paved the way for the revision of the Unicode and ISO 10646 standards to include the Turkish lira sign (field 20BA). Accordingly, the new operating systems and software incorporate the Turkish lira sign. By means of certain updates, the old operating systems also support the Turkish lira sign. Links on the Internet provide "the Turkish lira sign update" for Windows Vista, 7 and Server 2008 operating systems of Microsoft. In order to display the Turkish lira sign on your iOS and Android mobile devices, the Turkish central bank recommends to click other links elsewhere.

In May 2012, Unicode decided the encoding of U+20BA ₺ turkish lira sign (HTML: ₺) and it was included in Unicode 6.2 released in September 2012. It was the only character addition in version 6.2.

The new Turkish lira sign has been criticized for showing a similarity with an upside-down Armenian dram sign.

Converters and rates

Easy to use currency converters and fresh exchange rates every weekday.

Google to find out more about the Turkish lira and Turkey currency.

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