Catalog
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| Issuer | Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey) |
|---|---|
| Year | 1991-1994 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Old lira (1923-2005) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI YÜZ BİN 100000 TÜRK LİRASI 14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR (Translation: Central Bank of the Republic of Turkey, One Hundred Thousand Turkish Lira, Issued according to the law number 1211 of 14 January 1970) |
| Reverse description | Log in to see details |
| Reverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI YÜZ BİN TÜRK LİRASI (Translation: Central Bank of the Republic of Turkey, One Hundred Thousand Turkish Lira) |
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| Comments |
Turkey's inflation crisis of the late 1980s and early 1990s forced denominations upward at a pace the public found difficult to absorb. The 100,000 Lira note, unimaginable in face value just a decade earlier, entered circulation as a functional everyday note — not a high-denomination reserve instrument. Annual inflation was running above 60% for much of this issue period, peaking near 106% in 1994, the year this series was withdrawn.
Printed in-house by the central bank's own Ankara facility, the note reflects Turkey's long-standing policy of maintaining sovereign printing capacity rather than contracting foreign security printers. The 1994 economic crisis — triggered by a collapse in confidence in government debt — effectively ended this series early.