5 Lira Red

The 5 Yeni Türk Lirası series that preceded this note was introduced in 2005 specifically to drop six zeros from the old lira — one of the more dramatic redenominations in modern Turkish monetary history, following years of inflation that had pushed the old lira into the trillions. By 2009, the "Yeni" (New) prefix was quietly dropped, and denominations were reissued simply as Türk Lirası. This note belongs to that transitional reissue rather than representing any new design or policy shift.

The Banknot Matbaası in Ankara has printed Turkish currency in-house since 1955, an unusual degree of vertical integration for a mid-sized economy.