The current accepted rate by the United Kingdom, Turkey and the United States is £1 = 4.1500 TRY
By 21 March 2016, the Pound Sterling in the United Kingdom;
Buying = 3.8000 Selling = 4.5200
By 21 March 2016, the Pound Sterling / Lira in Turkey;
Buying = 4.0500 Selling = 4.2600
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1.00 USD = 1.87726 TRY
1 TRY = 0.532692 USD
(Mid-market rates: 2013-06-07 18:41 UTC)
This is my question. How many Italian lira did it take to purchase one us dollar in June 1971?
There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. (1 New Turkish lira is worth (March 2009) about US$0.75.) Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira
No they can only be exchanged in Turkey for new Turkish lira. There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. (1 New Turkish lira is worth (March 2009) about US$0.75.) Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira.
As of January 8,2009, the old 20 million Turkish lira is 12.86 USD There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira.
The first lira depreciated in value due to some hyperinflation that Turkey experienced. So they passed a law to remove 6 zeroes from the currency to create a new lira. They now just call it the lira. There are 1,000,000 old lira in 1 New Turkish lira, so your old lira have little money value, just curiosity value. (1 New Turkish lira is worth (March 2009) about US$0.75.) Any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches, at the rate of 1 million old lira = 1 new lira There are pictures of the actual notes on Wikipedia.