Catalog
| 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 | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette of İshakpaşa Sarayı (İshak Pasha Palace) in Doğubeyazıt, rendered in blue intaglio against a pale guilloche background with mountain scenery beyond. The palace caption İSHAKPAŞA SARAYI - DOĞUBAYAZIT appears below the central vignette, flanked by the serial number printed twice in red. A diamond-shaped ornamental motif in orange occupies the right field alongside geometric border patterns. |
| Reverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI YÜZ YENİ TÜRK LİRASI İSHAKPAŞA SARAYI - DOĞUBAYAZIT (Translation: Central Bank of the Turkish Republic / One Hundred New Turkish Lira / İshak Pasha Palace - Doğubayazıt) |
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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.