TRY (Turkish New Lira)

TRY (Turkish New Lira)
The currency abbreviation for the Turkish new lira (TRY), the currency for Turkey and the Turkish Republic of Northern Cyprus. The Turkish new lira is made up of 100 new kurus and is often presented with the symbol YTL.

The Turkish new lira was first introduced at the beginning of 2005 at an amount equivalent to 1 million Turkish old lira by passing a law that removed the last six zeros from the currency. The new lira was introduced after periods of high inflation devalued the old currency. For example, in the late 1960s, 9 liras was approximately equal to 1 U.S. dollar. In 2001, this exchange rate was 1.6 million:1.


Investment dictionary. . 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Turkish new lira — Infobox Currency currency name in local = Yeni Türk Lirası tr icon image 1 = TRY.jpg image title 1 = New lira banknotes and coins iso code = TRY using countries = flagicon|Turkey Turkey flagicon|TRNC Northern Cyprus flagicon|Iraq Northern Iraq… …   Wikipedia

  • Turkish lira — For other uses, see TL. Turkish lira Türk lirası (Turkish) …   Wikipedia

  • TRY — New Turkish Lira (Regional » Currencies) *** TriArc Companies, Inc. (Business » NYSE Symbols) * Teens Reaching Youth (Community) * Tororo, Uganda (Regional » Airport Codes) * Today Reunites Yesterday (Community) * Today Reunites Yesterday… …   Abbreviations dictionary

  • New Taiwan dollar — TWD redirects here. For other uses, please see: TWD (disambiguation) New Taiwan dollar 新臺幣 / 新台幣 (Chinese) …   Wikipedia

  • Try (disambiguation) — A try is a way of scoring points in rugby league and rugby union.Try may also refer to: * Try!, the first live album by the John Mayer Trio * Try (song), a 2004 single by Nelly Furtado * Try (Michael Penn song), a song by Michael Penn from his… …   Wikipedia

  • turkey — /terr kee/, n., pl. turkeys, (esp. collectively) turkey. 1. a large, gallinaceous bird of the family Meleagrididae, esp. Meleagris gallopavo, of America, that typically has green, reddish brown, and yellowish brown plumage of a metallic luster… …   Universalium

  • Turkey — /terr kee/, n. a republic in W Asia and SE Europe. 63,528,225; 296,184 sq. mi. (767,120 sq. km). (286,928 sq. mi. (743,145 sq. km) in Asia; 9257 sq. mi. (23,975 sq. km) in Europe). Cap.: Ankara. Cf. Ottoman Empire. * * * Turkey Introduction… …   Universalium

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • Dates of 2005 — ▪ 2006 January This is a unique case of a people under occupation being asked to hold free and fair elections when they themselves are not free.… It s an important internal test, and I think it s a turning point. Palestinian legislator Hanan… …   Universalium

  • Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …   Universalium

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”