Turkey - 1 Million Lira - P-209 - 1995 dated Foreign Paper Money

Inv# FM1199 Paper Money Cat# P-209

Country: Turkey

Denomination: 1 Million Lira

Years: 1995

Foreign Paper Money. President Ataturk/Ataturk Dam. The lira is the official currency of Turkey and Northern Cyprus. One lira is divided into one hundred kuru?. The banknotes of the first and second issue depict Mustafa Kemal Atatürk on the obverse side. This change was done according to the 12 January 1926 issue of the official gazette. After Atatürk's death, his portrait was replaced with one of ?smet ?nönü for the third and fourth issues. Atatürk returned for the fifth issue and all subsequent issues. After periods of the lira pegged to sterling and the franc, a peg of TL 2.8 = US$1 was adopted in 1946 and maintained until 1960, when the currency was devalued to TL 9 = US$1. From 1970, a series of hard, then soft pegs to the dollar operated as the value of the Turkish lira began to fall. Read more at https://en.wikipedia.org/wiki/Turkish_lira

Read Less

Condition: Crisp Uncirculated

Item ordered may not be exact piece shown. All original and authentic.

Email this to a friend

Request Info