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5000 Lira

Issuer Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey)
Year 1981
Type Standard circulation banknote
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Obverse lettering TÜRKİYE CUMHURİYET MERKEZ BANKASI
BEŞ BİN TÜRK LİRASI
14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR
BAŞKAN
BAŞKAN YARDIMCISl
TÜRKİYE CUMHURİYET MERKEZ BANKASI BANKNOT MATBAASI
(Translation: Central Bank of the Republic of Turkey, Five Thousand Turkish Lira, Issued according to the law number 1211 of 14 January 1970, Governor, Deputy Governor, Central Bank of the Republic of Turkey Banknote Printing House)
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Reverse lettering TÜRKİYE CUMHURİYET MERKEZ BANKASI
MEVLÂNA C. RUMİ 1207_1273
TURKİ 5000 LİRASI
(Translation: Central Bank of the Republic of Turkey, Mevlana C. Rumi 1207–1273, Turkish 5000 Lira)
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Comments

By 1981, Turkish inflation had been running hot enough that 5,000 lira — a denomination unthinkable a decade earlier — was already losing ground against daily prices. The military coup of September 1980 had handed the government emergency economic powers, and the Central Bank was under pressure to keep denominations cycling upward simply to maintain functional liquidity in commerce.

The Banknot Matbaası in Ankara had been printing Turkey's own notes since 1955, ending decades of reliance on foreign printers. P#196A belongs to a short-lived emission series that was itself superseded within a few years as inflation pushed denominations into six figures.

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