turkish currency crossword clue – All Crossword Answers

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Solutions for "turkish currency crossword clue" by Letter Count

4 Letters

LIRA: The official monetary unit of Turkey, derived from the Latin word 'libra' meaning a pound. It is the most common answer for 'turkish currency'.

KURU: A sub-unit of the Turkish Lira, with 100 Kuruş (often shortened to Kuru in crosswords) making up one Lira. Sometimes appears as an alternative answer.

More About "turkish currency crossword clue"

The Turkish Lira (Türk Lirası in Turkish, symbol: ₺; code: TRY) is the official currency of Turkey and the Turkish Republic of Northern Cyprus. Its history is quite rich, undergoing several transformations and revaluations, especially in the early 2000s to combat hyperinflation, leading to the introduction of the 'New Turkish Lira' (Yeni Türk Lirası) which later dropped the 'New' prefix.

Understanding currency clues often involves recognizing both the primary unit (like LIRA) and its fractional units (like KURU). Crossword setters frequently use these interchangeably or as distinct answers depending on the required letter count or specific context of the clue. Knowing both can be crucial for solving tougher puzzles.

The Central Bank of the Republic of Turkey is responsible for issuing banknotes and coins. Banknotes are available in denominations of 5, 10, 20, 50, 100, and 200 Lira, while coins are issued in 1, 5, 10, 25, 50 Kuruş and 1 Lira.

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Frequently Asked Questions

What is the official currency of Turkey?

The official currency of Turkey is the Turkish Lira (TRY).

How many Kuru make up one Turkish Lira?

One Turkish Lira is made up of 100 Kuru (Kuruş).

Are there different versions of the Turkish Lira?

Yes, historically, the Turkish Lira has undergone significant revaluations. The current currency, introduced in 2005, was initially called the 'New Turkish Lira' (Yeni Türk Lirası) to differentiate it from its hyperinflated predecessor, though the 'New' prefix was dropped in 2009.