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10 000 000 Lira

Issuer Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey)
Year 1999
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Value 10 000 000 Lira (10 000 000 TRL)
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Reverse description The central vignette reproduces the Piri Reis world map of 1513, rendered in fine intaglio line work across the middle of the note, with a compass rose at lower left and rhumb lines radiating across the cartographic field. A period Ottoman sailing vessel appears at lower right in red intaglio print, while a ghost watermark portrait of Atatürk is visible as an underprint at centre right. The denomination and bank title are set in large violet and red letterpress numerals at the corners.
Reverse lettering TÜRKİYE CUMHURİYET MERKEZ BANKASI
ON MİLYON TÜRK LİRASI
Piri Reis in Dünya haritası (1513)
(Translation: Central Bank of the Republic of Turkey, Ten Million Turkish Lira, Piri Reis World Map (1513))
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Comments

By the time this note entered circulation, Turkey's cumulative inflation since 1970 had rendered the lira nearly unmanageable as a counting currency — ten million of them was a mid-range transaction, not a large one. The Central Bank's own printing facility in Ankara had been producing increasingly large denominations throughout the 1990s simply to keep pace with a monetary system that peaked at 20,000,000 Lira before the 2005 redenomination stripped six zeroes and introduced the New Turkish Lira.

P#214 is a late-series artifact of that period, and the hologram strip was added precisely because high-denomination notes attract sophisticated forgery.

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