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100 000 Lira

Issuer Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey)
Year 1996-1999
Type Standard circulation banknote
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Reverse lettering TÜRKİYE CUMHURİYET MERKEZ BANKASI
YÜZ BİN TÜRK LİRASI
100000
(Translation: Central Bank of the Republic of Turkey, One Hundred Thousand Turkish Lira)
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Protection description Portrait of Mustafa Kemal Atatürk in half-profile
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Comments

By the mid-1990s, Turkish inflation had eroded the lira so thoroughly that 100,000 was a workaday denomination rather than a large-value note. The Central Bank's own printing works in Ankara — established in 1955 specifically to reduce dependence on foreign printers — produced this series entirely in-house, which kept procurement costs down but also meant the security feature package remained relatively modest: a watermark, and little else by way of machine-readable or thread-based protection.

The note was superseded not by a new series but by a currency redenomination process that culminated in the 2005 introduction of the New Turkish Lira, which lopped six zeros off every denomination.

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