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250 000 Lira

Issuer Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey)
Year 1992-1998
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Currency Old lira (1923-2005)
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Obverse description Right-of-centre portrait of Mustafa Kemal Atatürk in a dark suit, rendered in intaglio against a fine guilloche underprint in shades of blue and violet. The denomination 250000 appears in large numerals at lower left and upper centre, accompanied by the Turkish legend 'İKİYÜZELLİ BİN' in bold letterpress. A decorative geometric vignette in warm tones occupies the upper right corner, with serial number printed twice in blue ink at upper left and lower right.
Obverse lettering TÜRKİYE CÜMHURİYET MERKEZ BANKASI İKİYÜZELLİ BİN 250000 TÜRK LİRASI 14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR
(Translation: Central Bank of the Republic of Turkey, Two Hundred and Fifty Thousand Turkish Lira, Issued according to the law number 1211 of 14 January 1970)
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Comments

Turkey's inflation through the 1990s was severe enough that a 250,000 Lira note, once an extraordinary sum, became routine pocket change before the decade closed. The Central Bank's own printing facility in Ankara — established in 1955 to reduce dependence on foreign printers — produced the entire P#207 series domestically, a point of some institutional pride during a period when the currency was losing value faster than new denominations could be absorbed by the public.

By 2001, six-zero denominations like this were rendered obsolete by crisis; the eventual 2005 redenomination stripped six zeros from the Lira entirely.

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