X

What Currency Turkey Use?

  • 29 December 2022

If you're planning a trip to Turkey, one of the things you'll need to know is the currency used in the country. Turkey's official currency is the Turkish Lira (TRY), recognized by the symbol '₺'. While some establishments may still use the old abbreviation of TL, the use of TRY is becoming increasingly common. The currency is commonly referred to as the "new Turkish lira" since it replaced the old currency, which automatically made everyone a millionaire.

It's worth noting that some older Turkish people still refer to millions of Turkish Lira out of habit, so don't be surprised if you hear them use the old currency. However, this shouldn't be a cause for concern as you'll be using the new currency during your visit.

Turkish Lira banknotes come in six denominations of 200, 100, 50, 20, 10, and 5. Each denomination has its own distinct color, making them easy to identify. However, it's important to be careful when handling the 5 lira and 50 lira notes, as they are remarkably similar in appearance.

In addition to banknotes, Turkey also uses coins known as kurus. Kurus coins are available in denominations of 5, 10, 24, and 50. The 1 lira coin is also in circulation and is commonly used for small transactions.

When exchanging foreign currency in Turkey, it's essential to use authorized exchange offices or banks to avoid being scammed. Also, be aware that many establishments in Turkey do not accept credit cards, so it's best to carry cash with you at all times.

In conclusion, the official currency of Turkey is the Turkish Lira (TRY), recognized by the symbol '₺'. When in Turkey, be sure to use the new currency, which comes in banknotes of six denominations and coins known as kurus. To avoid scams, always exchange currency at authorized exchange offices or banks, and carry cash with you as many establishments do not accept credit cards. With this knowledge, you're ready to enjoy your trip to Turkey without any currency-related hiccups.