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20 New Lira
| Issuer | Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey) |
|---|---|
| Year | 2005 |
| Type | Log in to see details |
| Value | 20 Lira (20 TRY) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse presents a detailed intaglio vignette of the ancient ruins of Ephesus near Selçuk, with the Library of Celsus visible at left and the Temple of Hadrian colonnade at right, rendered in green and teal tones over a fine guilloche underprint. The denomination numeral '20' appears in large red print at lower left, with the bank title and value lettering in the upper and lower registers. |
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| Protection type | Log in to see details |
| Protection description | Watermark portrait of Mustafa Kemal Atatürk and electrotype numeral '20'; embedded security thread |
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| Comments |
The 2005 20 New Lira belongs to the first series issued after Turkey's redenomination, which lopped six zeros off the old Turkish Lira on 1 January 2005 — a corrective measure made necessary by one of the longest-running inflation episodes in modern monetary history. At its worst, the old lira had reached 1,650,000 to the US dollar. The "New" designation was always intended as temporary; it was dropped when the current lira series replaced this one in 2009.