Talk:Revaluation of the Turkish lira

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Numismatics High‑importance

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New Lira coin

Shouldn't we have the new lira coin shown rather than the new kuruş coin? Evertype 16:51, 2005 Jan 2 (UTC)

That would seem to make sense. I'll go ahead and do that, and move the current picture to the kuruş article. --Aqua 18:22, Jan 2, 2005 (UTC)

Similiarity to the Euro?

Just curious: is there any reason why the coins are so similiar to the Euro coins? -- till we ☼☽ | Talk 21:31, 2 Jan 2005 (UTC)

You could guess. Actually some Iranian coins have the same two-tone feature. Evertype 11:09, 2005 Jan 3 (UTC)

Of course I could guess -- but the similiarity isn't only the two-tone feature, but at least as far as I can see from the pictures also the size and proportion. In the article about the new Romenian currency I read that they will use formats similiar to the Euro to make it easier to introduce the Euro someday, so if anyone knows if there are similiar ideas behind the format, proportions, size etc. of the new Turkish lira it would be nice if that could be added to the article. -- till we ☼☽ | Talk 20:50, 3 Jan 2005 (UTC)

Irish currency was changed in the years before the introduction of the euro as well; coins were made smaller, brass was introduced. I always assumed it was to get us used, first to change, and second to smaller coins.

I don't know about the intentions, but it is safe to assume that Euro will not be the currency in Turkey for this generation. Most Turks have mixed feelings about this. I for one am happy. (I loved your "icon" by the way. Mind if I steal the idea?) Mu5ti ☪

Actually, any country in the world can use the euro, or the yen, or the Romanian leu as its currency if it wants to. All it has to do is call it legal tender and have enough of them in the country to do business. Kosovo uses the euro, doesn't it? I am reliably informed that the Québec government informed the Canadian government at the time of the last referendum that if Québec got its independence, they would still use the Canadian dollar as their currency. Toronto realized there was no way they could be "stopped" from doing so. Evertype 18:08, 2005 Jan 4 (UTC)

Anyone can use the Euro, but not anyone can mint the Euro. 64.61.81.231 (talk) 19:23, 6 December 2007 (UTC)[reply]

Why would Toronto have a say anyways? Wouldn't that be up to Ottawa? ;-) - Nik42 08:40, 9 Jun 2005 (UTC)

It seems to me that the minting of coins that look similar to those of the euro will only cause confusion. Personally, I don't understand why the Turks used an expensive process to mint their 1 lira coin when it's worth only 50 (euro)cents. --Q43 09:33, 17 June 2006 (UTC)[reply]

Most of the burden of this confusion is likely to fall on unwary tourists. 64.61.81.231 (talk) 19:23, 6 December 2007 (UTC)[reply]

Portugal minted the last series of coins before the euro in the same way, with coins similar to 1 and 2 euro values at 100 and 200 PTE and a rate of 1:200,4. that is, 100PTE≈50cent Galf 12:10, 7 March 2007 (UTC)[reply]

Change

Seems to have been changed in 2009. After verification the page should be modified in this sense.--Dominique Meeùs (talk) 10:45, 31 January 2013 (UTC)

AGREE. And this still needs adressed.rags (talk) 14:34, 27 August 2017 (UTC)[reply]

Comments about changes in 2009 are in future tense. It has been eight years. Did these changes take place, or not? rags (talk) 14:56, 27 August 2017 (UTC)[reply]

Currency Rates

The rates are a bit off...The Central Bank of Turkey announced that, as of Jan 1, 2005, 1 USD = 1.4250 TRY, and 1 Euro = 1.7190 TRY.

Also, this is not a revaluation as the article suggests, but merely throwing out zeroes for convenience and psychological reasons, as indicated by the Central Bank of Turkey's F.A.Q. about TRY. --Mu5ti 01:19, Jan 3, 2005 (UTC)

Date OK?

From the article "In late December 2004, the Turkish Parliament passed a law which allows for the removal of six zeroes from the currency, and the creation of the new Turkish lira." But "late december 2004" sounds a bit late to me to get new money circulating as of Jan 1, 2005.

This decision had been mulled for years in Turkey. The Parliament law made the decision legal, as preparations were well under way for years. Also, the old lira and the new one will be used intechangeably until December 31, 2005, from which point only the new lira will be legal tender. Corporations are required to start keeping books in the new lira for 2005. It is also said that by midnight January 1st, 2005 Turkish PM Erdogan withdrew some new lira from an ATM to mark the occasion, with media fanfare and all. Mu5ti 18:13, Jan 3, 2005 (UTC)

Banknote Dimensions

I had the chance to hold a 1 YTL banknote yesterday and measured it. --Q43 18:23, 16 June 2006 (UTC)[reply]

If you're interested in making currency article better, please take a look at "New Taiwan dollar", "Uzbekistani som", some other East Asian currencies, and Wikipedia talk:WikiProject Numismatics#Standardized procedure of creating/updating an article --Chochopk 19:30, 16 June 2006 (UTC)[reply]

In webpage http://aes.iupui.edu/rwise/notedir/europe.html there is a note saying "Turkey The images on this site no longer comply with new laws passed by the Bank of Turkey, thus I have removed the link to this country". Because of this, I will decline introducing images of coins and banknotes. --Q43 09:25, 17 June 2006 (UTC)[reply]

Origin of name

Would somebody who knows add a bit about why the currency is called the lira? Thanks. —The preceding unsigned comment was added by Huntington (talk • contribs) 18:11, 13 May 2007 (UTC).[reply]

Pound sign used for lira?

According to the map on the Currency signs article, Turkey uses a pound sign (£) to designate its currency? Is this true? SergioGeorgini 23:29, 20 July 2007 (UTC)[reply]

It is not true. We use TL to designate Lira, Kr for Kurush. Pound sign is pound sign for us, nothing more. —Preceding unsigned comment added by 78.163.188.27 (talk) 14:07, 9 July 2008 (UTC)[reply]

Coins And Notes Of Same Value

Is the plan for the 1 lira coin to replace the 1 lira note? Has this started happening already? Q43 08:44, 5 August 2007 (UTC)[reply]

Some countires issue a coin and banknote for the same denomination, like the one U.S. dollar, Hong Kong 10 dollars, Macau 10 patacas, Indian 5 rupees, in the Egyptian pound and a few others. If there is any evidence to eliminate one or the other please specify. Enlil Ninlil 00:01, 10 September 2007 (UTC)[reply]

‘Turkish Republic of Northern Cyprus’

I highly object calling it 'de facto independent' when it's de facto ruled by Turkey. Same for say Artzakh (Nagorno-Karabakh). —Preceding unsigned comment added by 91.148.152.61 (talk) 20:39, 9 September 2007 (UTC)[reply]

Wrong. TRNC is an independent state with its own president, government, parlement, police force, legal system, customs...etc. Turkey recognizes TRNC but does not rule it, as you claim. Turkey has troops in TRNC to prevent Greek invasion. —Preceding unsigned comment added by 78.164.120.144 (talk) 20:39, 1 January 2009 (UTC)[reply]

how about my old lira?

I'm Ayu from Jakarta,Indonesia..I went to turki in 2000, and whwn i came back i still had 10,000,000 lira (old lira) Unfortunately I dont have any information at all about the cahnges or the remove of 6 zeroes in new lira. What i need to know is how about my old lira? It used to be a large amount, how about the value? —Preceding unsigned comment added by 125.161.128.68 (talk) 20:54, 30 September 2007 (UTC)[reply]

You should change this to 10 lira on Central Bank of Turkey (TCMB) til 2015. Onur T^contribs 13:59, 28 June 2008 (UTC)[reply]

Unofficial usage

People have been inserting in the infobox that it's used unofficially in northern Iraq, Syria, and Nakhchevan. Can we please have some evidence backing this up? -- Arwel Parry _(talk) 09:14, 11 October 2008 (UTC)[reply]

I have remove that. The Turkish lira is being used in these areas in a similar way the euro is being used in Northern Ireland or in Switzerland. I.e. many shops will accept it, but it is in no way the main local currency. Passportguy (talk) 14:52, 13 November 2008 (UTC)[reply]

Requested move

The following discussion is an archived discussion of a requested move. Please do not modify it. Subsequent comments should be made in a new section on the talk page. No further edits should be made to this section.

The result of the move request was: article moved to Revaluation of the Turkish Lira Armbrust, B.Ed. ^{Let's talk}_{about my edits?} 20:17, 13 March 2012 (UTC)[reply]

Turkish new lira → Revaluation of the Turkish Lira – Since there is no longer any difference between New Lira and just Lira, this article should be retitled to detail the currency's revaluation. Relisted. Favonian (talk) 10:14, 6 March 2012 (UTC). D O N D E groovily Talk to me 05:08, 28 February 2012 (UTC)[reply]

The above discussion is preserved as an archive of a requested move. Please do not modify it. Subsequent comments should be made in a new section on this talk page. No further edits should be made to this section.

What's up with the wrong exchange rates in the History section?

Clearly, by the time the six zero removal happened, a YTL was worth 1,000,000 TL, so how can a dollar be worth 1.65 TL in 2001? The ratio is dropping after 1980 where it makes its 10,000 peak, whereas it should keep increasing until it reaches a point where approximately 1,650,000 TL = 1 dollar, not 1.65 TL = 1 dollar, in 2001, after which that becomes 1,350,000 TL = 1 dollar i.e. 1.35 YTL = 1 dollar in 2004.

Am I missing something? 88.243.203.9 (talk) 13:02, 10 July 2015 (UTC)[reply]

Correct exchange rate for 1980

Information in Revaluation of the Turkish Lira article completely contradicts information provided in Turkish lira article, as for USD-TRY exchange rate for 1980. This article claims that exchange rate was 1 USD = 10.000 TRY while Turkish lira claims, that it was merely 1 USD = 90 TRY, 110 times less. Which information is correct? Trejder (talk) 19:12, 11 August 2016 (UTC)[reply]

Currency naming pattern

The article is now named Revaluation of the Turkish lira. But currencies, also obsolete ones, are named after the currencty itself: "New Turkish lira" then. I suggest to consider renaming. Does not look like WP:disambiguation is needed (even then, to do by ()-brackets not by misnaming). DePiep (talk) 10:34, 8 October 2022 (UTC)[reply]