Turkey new Lira currency out of circulation

From January 1, 2010, Turkey new Lira currency "," will exit the market circulation, from "Turkey Lira" notes and "kurus coins".

At the beginning of the 21st century, Turkey inflation lead to severe devaluation of the lira. By the end of 2001, the lira against the US dollar exchange rate of 1650000-1. In 2003, the Turkey Parliament enacted new laws decided to release "new Lira" alternative lira, new Lira and lira ratio to 1 ratio 1000000, from 1 January 2005, the official currency.

January 1, 2009, Turkey's Central Bank and national issuing new currency in the "Turkey Lira", to replace the circulation of "new Lira". As a transitional year 2009, Turkey lira and the "new Lira" at the same time the circulation in the market.

Now the end of the transition period, from January 1, 2010, "new Lira" will completely exit the stage of history. But in January 2010-2019 12 month 10 years, the local population can be "new Lira" exchanged "Turkey Lira".