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100 New Lira
| Issuer | Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey) |
|---|---|
| Year | 2005 |
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| Value | 100 Lira (100 TRY) |
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| Obverse description | Right-of-centre intaglio portrait of Mustafa Kemal Atatürk against a fine guilloche underprint in shades of blue and violet. The denomination YÜZ in large letterpress appears at centre-left, with the numeral 100 in large figures at lower centre; a stylised geometric rosette vignette occupies the upper left field. Two signature lines with printed titles appear at lower left, above the date of issue. |
|---|---|
| Obverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI YÜZ YENİ TÜRK LİRASI 14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR BAŞKAN BAŞKAN YARDIMCISI (Translation: Central Bank of the Turkish Republic / One Hundred New Turkish Lira / Issued pursuant to Law No. 1211 dated 14 January 1970 / Governor / Deputy Governor) |
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| Comments |
The 2005 issue marked Turkey's redenomination from the old Turkish Lira, which had deteriorated to one of the lowest-valued currencies in the world — by 2004, one US dollar bought roughly 1.35 million lira. The "New" prefix was officially a transitional measure, intended to last only until public confidence in the reformed currency was established; it was quietly dropped in 2009 when the series was redesigned and reissued simply as "Türk Lirası."
The redenomination removed six zeros in a single step, the most dramatic such adjustment in Turkish monetary history.