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Banknotes of Turkey

1000 TL note of the 1950s-1970s.
Reverse of the 20 million Turkish lira banknote (replaced by the 20 new Turkish lira note)

In 1926, the Ministry of Finance introduced notes for the Republic of Turkey in denominations of 1, 5, 10, 50, 100, 500 and 1000 Turkish lira. These were the last notes printed with both French and Turkish (in the Arabic script) texts on them. Each note carried the portrait of Mustafa Kemal Atatürk.

Between 1937 and 1939, the Central Bank of Turkey introduced new notes with Turkish texts in the Latin alphabet, bearing the portrait of President İsmet İnönü. İnönü notes caused disputes at the time. Denominations of 2½, 5, 10, 50, 100, 500 and 1000 Turkish lira were issued. 1 Turkish lira notes were reintroduced in 1942, followed by 50 kuruş notes which weren't released in the country due to World War II in 1944. These two lowest denominations were replaced by coins after the War.

Atatürk reappeared on a subsequent series of notes in the early 1950s. The 2½ Turkish lira notes were replaced by coins in 1960, with the same happening to the 5 and 10 Turkish lira notes in 1974 and 1981. Higher denomination notes were introduced during the 1980s and 90s: 5000 Turkish lira in 1981, 10,000 Turkish lira in 1982, 20,000 Turkish lira in 1988, 50,000 Turkish lira in 1989, 100,000 Turkish lira in 1991, 250,000 Turkish lira in 1992, 500,000 Turkish lira in 1993, 1,000,000 Turkish lira in 1995, 5,000,000 Turkish lira in 1997, 10,000,000 Turkish lira in 1999 and 20,000,000 Turkish lira in 2001. The higher values of the "E7 Emission Group" banknotes (1992 250,000 TL and later and higher value notes) are exchangeable for new Turkish liras at a rate of 1,000,000 Turkish lira to 1 new Turkish lira at branches of the Central Bank of the Republic of Turkey until 31 December 2015, after which time they will have no value.[1] The 50,000 Turkish lira note ceased to be redeemable on 4 November 2009, and the 100,000 Turkish lira note on 4 November 2011.[2]

The First Issue (E1) BanknotesEdit

Banknotes of 1st Emission [1]
Image Value
Dimensions
(mm)
Main Colour Description Date of
Obverse Reverse Obverse Reverse issue withdrawal
    1 166 × 90 Olive green House of Parliament, Citadel of Ankara, a ploughing farmer Former Building of Prime Ministry 5 December 1927 25 April 1939
    5 170 × 94 Dark blue The Citadel of Ankara, a grey wolf and the House of Parliament Akköprü 15 October 1937
    10 175 × 99 Lilac The Citadel of Ankara, a grey wolf The Citadel of Ankara 16 May 1938
    50 185 × 108 Brown, olive green Mustafa Kemal Atatürk Afyon 1 April 1938
    100 189 × 112 Olive green A view of a village 1 March 1938
    500 194 × 120 Brown and yellow Gökmedrese, Mustafa Kemal Atatürk Sivas 15 June 1939
    1 000 201 × 124 Dark blue Mustafa Kemal Atatürk A view from the railroad to Sakarya
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

The Second Issue (E2) BanknotesEdit

Banknotes of 2nd Emission [2]
Image Value
Dimensions
(mm)
Main Colour Description Date of
Obverse Reverse Obverse Reverse Obverse Reverse issue withdrawal
    0.5
(50 Kuruş)
125 × 55 Yellow and light green Green and brown İsmet İnönü Former Head Office Building of the Central Bank of the Republic of Turkey 26 June 1944 1 August 1947
    1 135 × 60 Violet Bosphorus 25 April 1942
    2.5 145 × 65 Olive green Mustafa Kemal Atatürk Statue of Victory at Ulus Square 25 April 1939 15 July 1952
    5 155 × 70 Blue Green Security Monument 15 September 1937 10 November 1952
    10 165 × 75 Brick red The Citadel of Ankara 16 May 1938 2 June 1952
    50 175 × 80 Violet Angora goats 1 April 1938
    100 185 × 85 Dark brown Dardanelles 1 March 1938 15 September 1942
    500 195 × 90 Olive green Rumelihisarı 15 June 1939 24 April 1946
    İsmet İnönü 18 November 1940
    1 000 205 × 95 Slate blue Mustafa Kemal Atatürk Security Monument 15 June 1939
    İsmet İnönü 18 November 1940
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

The Third Issue (E3) BanknotesEdit

Banknotes of 3rd Emission [3]
Image Value
Dimensions
(mm)
Main Colour Description Date of
Obverse Reverse Obverse Reverse Obverse Reverse issue withdrawal
    2.5 145 × 65 Purple and brown İsmet İnönü Halkevleri 27 March 1947 15 July 1952
    10 155 × 65 Orange and beige Three Turkish village women in local costumes 15 January 1942 1 April 1950
    50 175 × 80 Purple and green Purple Angora goats 25 April 1942 1 December 1951
    Blue and pink 17 February 1947
    100 175 × 75 Brown A girl holding grapes 15 August 1942 25 April 1946
    500 185 × 85 Olive green Students at the Technical School, Ankara 24 April 1946 15 April 1953
    1 000 195 × 95 Blue Scouts
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

The Fourth Issue (E4) BanknotesEdit

Banknotes of 4th Emission [4]
Image Value
Dimensions
(mm)
Main Colour Description Date of
Obverse Reverse Obverse Reverse issue withdrawal
    10 165 × 75 Red İsmet İnönü The Sultan Ahmed Fountain 17 February 1947 2 June 1952
    Light brown 15 September 1948
    100 181 × 83 Green Rumelihisarı 18 July 1947 10 October 1952
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

The Fifth Issue (E5) BanknotesEdit

Banknotes of 5th Emission [5]
Image Value
Dimensions
(mm)
Main Colour Description Date of
Obverse Reverse Obverse Reverse Obverse Reverse issue withdrawal
    2.5 145 × 65 Reddish purple Reddish purple Mustafa Kemal Atatürk Former Head Office Building of the Central Bank of the Republic of Turkey 15 July 1952 20 October 1966
    Brown 3 January 1955
    Light red 1 July 1957
    Bright green 15 February 1960
    5 150 × 68 Blue Blue Three Turkish girls with hazelnut baskets 10 November 1952 8 January 1968
    Green 8 June 1959
    Blue 25 October 1961
    4 January 1965
    10 155 × 71 Green Green Mecidiye bridge 2 June 1952 4 July 1966
    Dark red 26 October 1953
    Brown 24 March 1958
    Green 25 April 1960
    Red 15 May 1961
    Green 2 January 1963
    50 160 × 74 Brown Brown Statue of Victory at Ulus Square 1 December 1951 7 May 1979
    Orange 2 February 1953
    Rose 15 October 1956
    Greyish green 1 October 1957
    Brown 15 February 1960
    1 June 1964
    2 August 1971
    100 170 × 80 Olive green Gençlik Parkı 10 October 1952 12 April 1976
    Green Greenish blue 2 July 1956
    Olive green 4 August 1958
    15 March 1962
    1 October 1964
    Light olive green 17 March 1969
    500 170 × 80 Brown Sultan Ahmed Mosque, Obelix and Hippodrome 15 April 1953 1 September 1976
    Dark grey 16 February 1959
    Brown 1 December 1962
    Violet 3 June 1968
  1 000 Rumelihisarı 15 April 1953 7 May 1979
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

The Sixth Issue (E6) BanknotesEdit

Banknotes of 6th Emission [6]
Image Value
Dimensions
(mm)
Main Colour Description Date of
Obverse Reverse Obverse Reverse Obverse Reverse issue withdrawal
    5 135 × 60 Purple Mustafa Kemal Atatürk Manavgat Waterfall 8 January 1968 16 May 1983
    20 September 1976
    10 140 × 65 Olive green Maiden's Tower 4 July 1966 21 September 1981
    7 April 1975
    20 143 × 66 Light brown Anıtkabir 15 June 1966 21 August 1987
    24 June 1974
    29 August 1979
    30 May 1983
    50 160 × 71 Brown Light brown The marble fountain in the rose garden in front of Yerevan Kiosk 9 April 1976
    Light brown 4 April 1983
    100 170 × 77 Green Brown Mount Ararat 15 May 1972 5 May 1986
    24 September 1979
    20 June 1983
    500 170 × 80 Olive green and blue The Main gate of Istanbul University 1 September 1971 15 June 1984
    9 September 1974
    1 000 170 × 82 Violet Bosphorus 29 May 1978 29 September 1986
    17 December 1979
    10 June 1981
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

The Seventh Issue (E7) BanknotesEdit

The notes were given security features. The latest versions of the 100,000 TL, 250,000 TL, 500,000 TL and 1,000,000 TL notes lost their color-changing ink due to inflation.

Banknotes of 7th Emission [7]
Image Value
Dimensions
(mm)
Main Colour Description Date of
Obverse Reverse Obverse Reverse Obverse Reverse issue withdrawal
    10 122 × 55 Pink and olive green Mustafa Kemal Atatürk A group of young students giving flowers to Atatürk 25 December 1979 21 August 1987
    15 November 1982
    100 131 × 63 Purple and brown The Citadel of Ankara, Mehmet Akif Ersoy, and his home in Ankara, the first two quatrains of İstiklâl Marşı 26 December 1983 21 August 1989
    17 September 1984
    500 140 × 72 Blue İzmir Clock Tower 1 July 1983
    21 May 1984
    1 000 Violet Mehmed the Conqueror with old Istanbul skyline 31 March 1986 3 August 1992
    19 February 1988
    5 000 Brown, orange and blue Mevlana Mausoleum and a figure of Mevlana 2 November 1981 31 January 1994
    146 × 72 Brown and green 29 July 1985
    13 June 1988
    Afşin-Elbistan thermal power station 28 May 1990
    10 000 (1 new Kuruş) Purple and green Green Mimar Sinan and his work of art Selimiye Mosque 25 October 1982 15 December 1995
    13 April 1984
    24 January 1989
    22 February 1993
    20 000 (2 new Kuruş) 152 × 76 Claret red Violet New Head Office Building of the Central Bank of Turkey 9 May 1988 9 September 1997
    Yellow and orange 3 April 1995
    50 000 (5 new Kuruş) Green Green House of Parliament 15 May 1989 5 November 1999
    Green and dark grey 20 February 1995
    100 000 (10 new Kuruş) 158 × 76 Brown and green Mustafa Kemal Atatürk, statue of Atatürk in Samsun A group of young students giving flowers to Atatürk 11 November 1991 5 November 2001
    15 July 1994
    12 August 1996
    250 000 (25 new Kuruş) Blue Mustafa Kemal Atatürk Kızıl Kule 2 October 1992 31 December 2004
    2 October 1995
    16 March 1998
    500 000 (50 new Kuruş) 160 × 76 Purple Çanakkale Martyrs' Memorial 18 March 1993
    16 May 1994
    26 August 1994
    Purple Violet 10 October 1997
    1 000 000 (1 new lira) Claret red and blue Atatürk Dam 16 January 1995
    9 September 1996
    10 January 2002
    5 000 000 (5 new lira) 162 × 76 Pastel yellow and greenish brown Anıtkabir 6 January 1997
    10 000 000 (10 new lira) Red Piri Reis Map 5 November 1999
    20 000 000 (20 new lira) Green Ephesus 5 November 2001
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

The Eighth Issue (E8) BanknotesEdit

In the transitional period between 1 January 2005 and 31 December 2008, the second Turkish lira was officially called "new Turkish lira" in Turkey. Banknotes, referred to by the Central Bank as the "E-8 Emission Group", were introduced in 2005 in denominations of 1, 5, 10, 20, 50, and 100 new Turkish lira. Whilst the lower four denominations replaced older notes and used very similar designs, the 50 and 100 new Turkish lira notes did not have equivalents in the old currency. All notes show portraits of Mustafa Kemal Atatürk from different points of his life and images of various historical and otherwise important buildings and places in Turkey.

Banknotes of 8th Emission [8]
Image Value
new₺
Dimensions
(mm)
Main Colour Description Date of
Obverse Reverse Obverse Reverse Obverse Reverse issue withdrawal
    1 156 × 76 Claret red and blue Pale claret red and blue Mustafa Kemal Atatürk Atatürk Dam 1 January 2005 1 January 2010
    5 162 × 76 Pastel yellow and greenish brown Anıtkabir
    10 Red Purple and red Piri Reis Map
    20 Green Ephesus
    50 152 × 81 Orange Light brown and orange Cappadocia
    100 158 × 81 Blue Ishak Pasha Palace
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

The Ninth Issue (E9) BanknotesEdit

A new series of banknotes, the "E-9 Emission Group" entered circulation on 1 January 2009, with the E-8 group ceasing to be valid after 31 December 2009 (although still redeemable at branches of the Central Bank until 31 December 2019). The E-9 banknotes refer to the currency as "Turkish lira" rather than "new Turkish lira", and include a new 200 Turkish lira denomination.[3] The new banknotes have different sizes to prevent forgery.[4] The main specificity of this new series is that each denomination depicts a famous Turkish personality, rather than geographical sites and architectural features of Turkey.[5] The dominant color of the 5 Turkish lira banknote has been determined as “purple” on the second series of the current banknotes.[6]

Current Turkish lira banknotes [9]
Image Value
Dimensions
(mm)
Main Colour Description Date of issue
Obverse Reverse Obverse Reverse Watermark
    5 130 × 64 Brown Mustafa Kemal Atatürk Aydın Sayılı, diagrams of solar system, atom, ancient cave and a left-handed Z-DNA helix. Mustafa Kemal Atatürk, Value 1 January 2009
    Purple 8 April 2013
    10 136 × 64 Red Cahit Arf, Arf invariant, arithmetic series, abacus, binary 1 January 2009
    20 142 × 68 Green Architect Kemaleddin, Gazi University main building, aqueduct, circular motif and cube-globe-cylinder symbolizing architecture
    50 148 × 68 Orange Fatma Aliye Topuz, flower and literary figures
    100 154 × 72 Blue Buhurizade Itri, notes, instruments and Mevlevi figure
    200 160 × 72 Violet Yunus Emre, Yunus's mausoleum, rose, pigeon and the line "Sevelim, sevilelim" (Let us love, let us be loved)
These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.

See alsoEdit

ReferencesEdit

  1. ^ Türkiye Cumhuriyet Merkez Bankasi (Central Bank of the Republic of Turkey) (19 December 2005). "Announcement on the Withdrawal of Turkish Lira Banknotes from Circulation". Official Gazette no. 26028, 19 December 2005, pages 89-90. TCMB. Archived from the original on June 15, 2009. Retrieved 2008-01-05.
  2. ^ Türkiye Cumhuriyet Merkez Bankasi (Central Bank of the Republic of Turkey). "Banknotes Withdrawn From Circulation and the Redemption Periods". "Banknotes" section of TCMB website. TCMB. Archived from the original on June 15, 2009. Retrieved 2008-01-05.
  3. ^ Türkiye Cumhuriyet Merkez Bankasi (Central Bank of the Republic of Turkey) (8 May 2007). "Public Announcement As To The Removal Of The Prefix "New" From The New Turkish Lira". Official Gazette no. 26516, 8 May 2007, page 103. TCMB. Archived from the original on 2008-03-25. Retrieved 2008-01-05.
  4. ^ Turkish Daily News (2006-09-15). "TL banknotes to be in circulation in 2009". Archived from the original on 2007-09-30. Retrieved 2006-09-28.
  5. ^ "Türk Lirası'nda yeni yüzler". NTV-MSNBC (in Turkish). Anadolu Agency. 2008-10-03. Retrieved 2012-03-22.
  6. ^ Türkiye Cumhuriyet Merkez Bankasi (Central Bank of the Republic of Turkey) (2 April 2013). "Press Release On The Issue Of E-9 Emission Group II. Series Turkish Lira Banknotes". TCMB. Archived from the original on 2013-09-29. Retrieved 2013-09-04.

External linksEdit