1000 Lira

Turkey's 1000 Lira coin was issued during one of the most sustained inflationary collapses in the country's modern history. Annual inflation throughout the mid-1990s regularly exceeded 80%, meaning the purchasing power of this denomination was effectively obliterated within months of each year's minting. By the time the series ended in 1998, 1000 Lira would barely cover a fraction of what it had when the denomination was first introduced decades earlier.

The broader crisis ultimately forced a redenomination in 2005, when the New Turkish Lira replaced the old at a rate of 1,000,000 to one.