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Lira
Lira is the name of several currency units. It is the current currency of Turkey and also the local name of the currencies of Lebanon and of Syria. It is also the name of several former currencies, including those of Italy, Malta and Israel. The term originates from the value of a Roman pound ( la, libra, about 329g, 10.58 troy ounces) of high purity silver. The libra was the basis of the monetary system of the Roman Empire. When Europe resumed a monetary system, during the Carolingian Empire, the Roman system was adopted. The Roman denominations ''librae'', ''solidi'', ''denarii'' were used (becoming known in England as £sd). Particularly this system was kept during the Middle Ages and Modern Age in England, France, and Italy. In each of these countries the ''libra'' was translated into local language: pound in England, livre in France, ''lira'' in Italy. The Venetian lira was one of the currencies in use in Italy and due to the economic power of the Venetian Republic ...
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Turkish Lira
The lira ( tr, Türk lirası; sign: ₺; ISO 4217 code: TRY; abbreviation: TL) is the official currency of Turkey and Northern Cyprus. One lira is divided into one hundred ''kuruş''. History Ottoman lira (1844–1923) The lira, along with the related currencies of Europe and the Middle East, has its roots in the ancient Roman unit of weight known as the libra which referred to the Troy pound of silver. The Roman libra adoption of the currency spread it throughout Europe and the Near East, where it continued to be used into medieval times. The Turkish lira, the French livre (until 1794), the Italian lira (until 2002), Syrian pound, Lebanese pound and the pound unit of account in sterling (a translation of the Latin ''libra''; the word "pound" as a unit of weight is still abbreviated as "lb.") are the modern descendants of the ancient currency. The lira was introduced as the main unit of account in 1844, with the former currency, kuruş, remaining as a subdivision. ...
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Italian Lira
The lira (; plural lire) was the currency of Italy between 1861 and 2002. It was first introduced by the Napoleonic Kingdom of Italy in 1807 at par with the French franc, and was subsequently adopted by the different states that would eventually form the Kingdom of Italy in 1861. It was subdivided into 100 ''centesimi'' (singular: ''centesimo''), which means "hundredths" or "cents". The lira was also the currency of the Albanian Kingdom from 1941 to 1943. The term originates from ''libra'', the largest unit of the Carolingian monetary system used in Western Europe and elsewhere from the 8th to the 20th century. The Carolingian system is the origin of the French '' livre tournois'' (predecessor of the franc), the Italian lira, and the pound unit of sterling and related currencies. In 1999 the euro became Italy's unit of account and the lira became a national subunit of the euro at a rate of €1 = Lit. 1,936.27, before being replaced as cash in 2002. History Etymolo ...
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Maltese Lira
The lira ( mt, lira Maltija, plural: ''liri'', ISO 4217 code: ''MTL'') or pound (until ca. 1986 in English, code ) was the currency of Malta from 1972 until 31 December 2007. One lira was divided into 100 cents, each of 10 mils. After 1986 the lira was abbreviated as Lm, although the original sign continued to be used unofficially. In English the currency was still frequently called the ''pound'' even after its official English language name was changed to ''lira''. The euro replaced the lira as the official currency of Malta on 1 January 2008 at the irrevocable fixed exchange rate of €1 per Lm 0.4293. History Sterling In 1825, an imperial order-in-council introduced sterling coin to Malta, replacing a system under which various coinages circulated, including that issued in Malta by the Knights of St John. The pound was valued at 12 '' scudi'' of the local currency. This exchange rate meant that the smallest Maltese coin, the ''grano'', was worth one third of a ...
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Venetian Lira
The lira (plural ''lire'') was the distinct currency of Venice until 1848, when it was replaced by the Italian lira. It originated from the Carolingian monetary system used in much of Western Europe since the 8th century CE, with the ''lira'' subdivided into 20 '' soldi'', each of 12 '' denari''. History From its initial value of 305.94 g fine silver, the Venetian lira had depreciated so much in value over its 1,000-year lifetime that this original unit was referred to from 1200 CE as the ''lira piccola'' (small lira) in comparison to larger units of the same name. The '' denaro'' or ''piccolo'' worth th a ''lira'' was the only coin produced between 800-1200 CE. Initially weighing 1.7 g fine silver, it depreciated over the centuries until it contained only 0.08 g fine silver by 1200 CE. The Venetian grosso then became Venice's most important silver coin from the 13th to 15th centuries. It contained 2.1 g fine silver and was valued in 1200 CE at 26 ''denari piccoli'', incre ...
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Lebanese Pound
The pound or lira ( ar, ليرة لبنانية ''līra Libnāniyya''; French: ''livre libanaise''; abbreviation: LL in Latin, in Arabic, historically also £L, ISO code: LBP) is the currency of Lebanon. It was formerly divided into 100 piastres (or ''qirsh'' in Arabic) but because of high inflation during the Lebanese Civil War (1975–1990) the use of subunits was discontinued. The plural form of lira, as used in relation to the currency, is either ''lirat'' (ليرات ''līrāt'') or invariant, whilst there were four forms for ''qirsh'': the dual ''qirshān'' (قرشان) used with number 2, the plural ''qurush'' (قروش) used with numbers 3–10, the accusative singular ''qirshan'' (قرشا) used with 11–99, and the genitive singular ''qirshi'' (قرش) used with multiples of 100. The number determines which plural form is used. Before World War II, the Arabic spelling of the subdivision was غرش (''girsh''). All of Lebanon's coins and banknotes are bilingual i ...
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Kuruş
Kuruş ( ; ), also gurush, ersh, gersh, grush, grosha, and grosi, are all names for currency denominations in and around the territories formerly part of the Ottoman Empire. The variation in the name stems from the different languages it is used in (Arabic, Amharic, Turkish and Greek) and the different transcriptions into the Latin alphabet. In European languages, the kuruş was known as the piastre. Today the kuruş (.') is a Turkish currency subunit, with one Turkish lira equal to 100 kuruş as of the 2005 revaluation of the lira. Until the 1844 subdivision of the former Ottoman gold lira, the kuruş was the standard unit of currency within the Ottoman Empire, and was subdivided into 40 ''para'' or 120 '' akçe''. Name The Turkish word ''kuruş'' ( ota, قروش, ''kurûş''); el, γρόσι, ; plural , ) is derived from the French '' gros'' ("heavy"). It is cognate with the German '' groschen'' and Hungarian ''garas''. History The kuruş was introduced in 1688. It ...
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Syrian Pound
The Syrian pound or lira ( ar, الليرة السورية, al-līra as-sūriyya; abbreviation: LS or SP in Latin, ل.س in Arabic, historically also £S, and £Syr; ISO code: SYP) is the currency of Syria. It is issued by the Central Bank of Syria. The pound is nominally divided into 100 piastres ( ''qirsh,'' plural قروش ''qurūsh'' in Arabic, abbreviated to ), although piastre coins are no longer issued. Before 1947, the Arabic inscription of the word "qirsh" was spelled with the initial Arabic letter غ, after which the word began with ق. Until 1958, banknotes were issued with Arabic on the obverse and French on the reverse. Since 1958, English has been used on the reverses, hence the three different names for this currency. Coins used both Arabic and French until independence, then only Arabic. History During the period when Syria was a part of the Ottoman Empire, which lasted about 400 years, the Ottoman lira was its main currency. Following the fall of the O ...
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Pound (currency)
Pound is the name for a unit of currency. It is used in some countries today and previously was used in many others. The English word ''pound'' derives from the Latin expression , in which lībra is a noun meaning "pound" and ''pondō'' is an adverb meaning "by weight". The currency's symbol is £, a stylised form of the blackletter L (\mathfrak) (from ''libra''), crossed to indicate abbreviation. The term was adopted in England from the weight of silver used to make to 240 pennies, and eventually spread to British colonies all over the world. While silver pennies were produced seven centuries earlier, the first pound coin was minted under Henry VII in 1489. Countries and territories currently using currency units named "pound" Historical currencies * Australian pound (until 1966, replaced by the Australian dollar). The Australian pound was also used in the Gilbert and Ellice Islands, Nauru, New Hebrides and Papua and New Guinea. It was replaced in the New Hebrides/V ...
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Republic Of Turkey
Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula in Southeast Europe. It shares borders with the Black Sea to the north; Georgia to the northeast; Armenia, Azerbaijan, and Iran to the east; Iraq to the southeast; Syria and the Mediterranean Sea to the south; the Aegean Sea to the west; and Greece and Bulgaria to the northwest. Cyprus is located off the south coast. Turks form the vast majority of the nation's population and Kurds are the largest minority. Ankara is Turkey's capital, while Istanbul is its largest city and financial centre. One of the world's earliest permanently settled regions, present-day Turkey was home to important Neolithic sites like Göbekli Tepe, and was inhabited by ancient civilisations including the Hattians, Hittites, Anatolian peoples, Mycenaean Gree ...
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Mustafa Kemal Atatürk
Mustafa Kemal Atatürk, or Mustafa Kemal Pasha until 1921, and Ghazi Mustafa Kemal from 1921 until 1934 ( 1881 – 10 November 1938) was a Turkish field marshal, revolutionary statesman, author, and the founding father of the Republic of Turkey, serving as its first president from 1923 until his death in 1938. He undertook sweeping progressive reforms, which modernized Turkey into a secular, industrializing nation.Harold Courtenay Armstrong Gray Wolf, Mustafa Kemal: An Intimate Study of a Dictator. page 225 Ideologically a secularist and nationalist, his policies and socio-political theories became known as Kemalism. Due to his military and political accomplishments, Atatürk is regarded as one of the most important political leaders of the 20th century. Atatürk came to prominence for his role in securing the Ottoman Turkish victory at the Battle of Gallipoli (1915) during World War I.Zürcher, ''Turkey: a modern history'', 142 Following the defeat and dis ...
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Piaster
The piastre or piaster () is any of a number of units of currency. The term originates from the Italian for "thin metal plate". The name was applied to Spanish and Hispanic American pieces of eight, or pesos, by Venetian traders in the Levant in the 16th century. These pesos, minted continually for centuries, were readily accepted by traders in many parts of the world. After the countries of Latin America had gained independence, pesos of Mexico began flowing in through the trade routes, and became prolific in the Far East, taking the place of the Spanish pieces of eight which had been introduced by the Spanish at Manila, and by the Portuguese at Malacca. When the French colonised Indochina, they began issuing the new French Indochinese piastre (''piastre de commerce''), which was equal in value to the familiar Spanish and Mexican pesos. In the Ottoman Empire, the word piastre was a colloquial European name of Kuruş. Successive currency reforms had reduced the value of th ...
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£sd
£sd (occasionally written Lsd, spoken as "pounds, shillings and pence" or pronounced ) is the popular name for the pre-decimal currencies once common throughout Europe, especially in the British Isles and hence in several countries of the British Empire and subsequently the Commonwealth. The abbreviation originates from the Latin currency denominations '' librae'', '' solidi'', and '' denarii''. In the United Kingdom, these were referred to as '' pounds'', '' shillings'', and '' pence'' (''pence'' being the plural of ''penny''). Although the names originated from popular coins in the classical Roman Empire, their definitions and the ratios between them were introduced and imposed across Western Europe by the Emperor Charlemagne. The £sd system was the standard across much of the European continent (France, Italy, Germany, etc.) for nearly a thousand years, until the decimalisations of the 18th and 19th centuries. As the United Kingdom remained one of the few countries r ...
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