In 1926, the

Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

introduced notes for the

Republic of Turkey Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...

in denominations of TL 1, TL 5, TL 10, TL 50, TL 100, TL 500 and TL 1,000. These were the last notes printed with both French and Turkish (in the Arabic script) texts on them. The TL 50, TL 100, TL 500 and TL 1,000 notes carried the portrait of

Mustafa Kemal Atatürk Mustafa Kemal Atatürk ( 1881 – 10 November 1938) was a Turkish field marshal and revolutionary statesman who was the founding father of the Republic of Turkey, serving as its first President of Turkey, president from 1923 until Death an ...

. Between 1937 and 1939, the

Central Bank of Turkey The Central Bank of the Republic of Türkiye (CBRT) () is the central bank of Turkey. Its responsibilities include conducting monetary and exchange rate policy, managing international reserves of Turkey, as well as printing and issuing banknotes ...

introduced new notes with Turkish texts in the

Latin script The Latin script, also known as the Roman script, is a writing system based on the letters of the classical Latin alphabet, derived from a form of the Greek alphabet which was in use in the ancient Greek city of Cumae in Magna Graecia. The Gree ...

, again depicting Atatürk. this time on all denominations. After Atatürk's death the same design was recycled with

İsmet İnönü Mustafa İsmet İnönü (24 September 1884 – 25 December 1973) was a Turkish politician and military officer who served as the second List of Presidents of Turkey, president of Turkey from 1938 to 1950, and as its Prime Minister of Turkey, pr ...

replacing Atatürk's image. Denominations of TL 2½, TL 5, TL 10, TL 50, TL 100, TL 500 and TL 1,000 were issued. TL 1 notes were reintroduced in 1942, followed by 50 kuruş (TL 0.5) notes 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 TL 2½ notes were replaced by coins in 1960, with the same happening to the TL 5 and TL 10 notes in 1974 and 1981. Higher denomination notes were introduced during the 1980s and 90s: TL 5,000 in 1981, TL 10,000 in 1982, TL 20,000 in 1988, TL 50,000 in 1989, TL 100,000 in 1991, TL 250,000 in 1992, TL 500,000 in 1993, TL 1,000,000 in 1995, TL 5,000,000 in 1997, TL 10,000,000 in 1999, TL 20,000,000 in 2001 and TL 100,000,000 in 2009. The higher values of the "E7 Emission Group" banknotes (1992 TL 250,000 and later and higher value notes) were exchangeable for new lira at a rate of TL 1,000,000 to ₺1 at branches of the Central Bank of the Republic of Turkey until 31 December 2015, after which time they became worthless. The TL 50,000 note ceased to be redeemable on 4 November 2009, and the TL 100,000 note on 4 November 2011.

The First Issue (E1) Banknotes

The Second Issue (E2) Banknotes

The Third Issue (E3) Banknotes

The Fourth Issue (E4) Banknotes

The Fifth Issue (E5) Banknotes

The Sixth Issue (E6) Banknotes

The Seventh Issue (E7) Banknotes

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

inflation In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of curre ...

The Eighth Issue (E8) Banknotes

In the transitional period between 1 January 2005 and 31 December 2008, the second Turkish lira was officially called "new Turkish lira" (abbr: YTL) in Turkey. Banknotes, referred to by the Central Bank as the "E-8 Emission Group", were introduced in 2005 in denominations of YTL 1, YTL 5, YTL 10, YTL 20, YTL 50, and YTL 100. Whilst the lower four denominations replaced older notes and used very similar designs, the YTL 50 and YTL 100 notes did not have equivalents in the old currency. All notes depict

from different points of his life and images of various historical and otherwise important buildings and places in Turkey.

The Ninth Issue (E9) Banknotes

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 denomination. The new banknotes have different sizes to prevent forgery. 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. The dominant colour of the ₺5 banknote has been determined as “purple” on the second series of the current banknotes. {, class="wikitable collapsible autocollapse" style="font-size: 90%; width: 100%" , - ! colspan="13" style="text-align: centre" , Current Turkish lira banknote

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₺!!rowspan="2", Dimensions
(mm)!!rowspan="2" colspan="2", Main Colour !!colspan="3", Description !!rowspan="2", Date of issue , - ! Obverse !! Reverse !! Obverse !! Reverse !! Watermark , - style="text-align:center;" , style="background:#000;", , style="background:#000;", , rowspan="2", 5 , rowspan="2", 130 × 64 , style="background:#964b00;", , Brown , rowspan="7", ''

'' , rowspan="2", '' Aydin Sayili, Aydın Sayılı'', diagrams of solar system, atom, ancient cave and a left-handed

Z-DNA Z-DNA is one of the many possible double helical structures of DNA. It is a left-handed double helical structure in which the helix winds to the left in a zigzag pattern, instead of to the right, like the more common B-DNA form. Z-DNA is thought ...

helix. , rowspan="7", ''

'', Value , 1 January 2009 , - style="text-align:center;" , style="background:#000;", , style="background:#000;", , style="background:#656182;", , Purple , 8 April 2013 , - style="text-align:center;" , style="background:#000;", , style="background:#000;", , 10 , 136 × 64 , style="background:#de3163;", , Red , ''

Cahit Arf Cahit Arf (; 24 October 1910 – 26 December 1997) was a Turkish people, Turkish mathematician. He is known for the Arf invariant of a quadratic form in characteristic (algebra), characteristic 2 (applied in knot theory and surgery theory) in ...

'',

Arf invariant In mathematics, the Arf invariant of a nonsingular quadratic form over a field of characteristic 2 was defined by Turkish mathematician when he started the systematic study of quadratic forms over arbitrary fields of characteristic ...

, arithmetic series, abacus,

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, rowspan="5", 1 January 2009 , - style="text-align:center;" , style="background:#000;", , style="background:#000;", , 20 , 142 × 68 , style="background:#009f6b;", , Green , ''

Mimar Kemaleddin Ahmed Kemaleddin (; 187013 July 1927), widely known as Mimar Kemaleddin (''Architect Kemaleddin'') was a Turkish architect, and one of the leading figures of the first national architectural movement, First National architectural movement, alo ...

'', ''

Gazi University Gazi University () is a Public university, public research university located primarily in Ankara, Turkey. It was founded in 1926 by Mustafa Kemal Atatürk originally as the Gazi Education Institute (Turkish language, Turkish: ''Gazi Eğitim Ens ...

'' main building, aqueduct, circular motif and cube-globe-cylinder symbolizing architecture , - style="text-align:center;" , style="background:#000;", , style="background:#000;", , 50 , 148 × 68 , style="background:#ef9b0f;", , Orange , ''

Fatma Aliye Topuz Fatma Aliye Topuz (9 October 1862 – 13 July 1936), often known simply as Fatma Aliye or Fatma Aliye Khanum, Hanım, was a Turkish people, Turkish novelist, columnist, essayist, women's rights Women in Turkish politics, activist and humanitarian ...

'', flower and literary figures , - style="text-align:center;" , style="background:#000;", , style="background:#000;", , 100 , 154 × 72 , style="background:#27a;", , Blue , ''

Buhurizade Itri Mustafa Itri, more commonly known as Buhurizade Mustafa Itri, or just simply Itri (1640 - 1712) was an Ottoman- Turkish musician, composer, singer and poet. With over a thousand works to his name, although only about forty of these have survived ...

'', notes, instruments and

Mevlevi The Mevlevi Order or Mawlawiyya (; ) is a Sufi order that originated in Konya, Turkey (formerly capital of the Sultanate of Rum) and which was founded by the followers of Jalaluddin Muhammad Balkhi Rumi, a 13th-century Persian poet, Sufi ...

figure , - style="text-align:center;" , style="background:#000;", , style="background:#000;", , 200 , 160 × 72 , style="background:#8000a3;", , Pink , ''

Yunus Emre Yunus Emre (), also known as Derviş Yûnus (Yûnus the Dervish) (1238–1320) (Old Anatolian Turkish: يونس امره), was a Turkish folk poet and Sufi who greatly influenced Turkish culture. The UNESCO General Conference unanimously passe ...

'', ''Yunuss mausoleum, rose, pigeon and the line "''Sevelim, sevilelim''" (Let us love, let us be loved) , - , colspan="13", {{Standard banknote table notice, standard_scale=Y, BrE=Y

References

External links

Central Bank of the Republic of Turkey

Catalog of Banknotes of Turkey