Catalog
20 000 Lira Purple ornament
| Issuer | Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey) |
|---|---|
| Year | 1995 |
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| Printer | Türkiye Cumhuriyet Merkez Bankası Banknot Matbaası, Ankara, Turkey (1955-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI YİRMİ BİN TÜRK LİRASI 14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR BAŞKAN BAŞKAN YARDIMCISI (Translation: Central Bank of the Republic of Turkey, Twenty Thousand Turkish Lira, Issued according to the law number 1211 of 14 January 1970, Governor, Deputy Governor) |
| Reverse description | The reverse presents a vignette of the New Head Office Building of the Central Bank of the Republic of Turkey in Ankara, rendered in intaglio against a fine guilloche background in brown and olive tones. The denomination numeral "20000" appears at upper left and lower right corners, with the issuer's name and value legend inscribed across the upper register. |
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| Comments |
By 1995, Turkey's chronic inflation had pushed the 20,000 Lira note into near-irrelevance for everyday transactions — a denomination that had seemed substantial at issue was, within a few years, worth less than a single U.S. cent. The Central Bank's own Banknot Matbaası facility in Ankara had been printing successive high-denomination notes faster than the public could adjust to them.
This note belongs to a series that would eventually be superseded by the redenomination of 2005, when six zeros were stripped from the currency and the Yeni Türk Lirası replaced the old Lira entirely.