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250 000 Lira
| Issuer | Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey) |
|---|---|
| Year | 1998-2001 |
| Type | Log in to see details |
| Value | 250 000 Lira (250 000 TRL) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI İKİYÜZELLİ BİN 250000 TÜRK LİRASI 10 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR. (Translation: Central Bank of Turkish Republic, Two Hundred and Fifty Thousand Turkish Lira, Issued according to the law number 1211 of 10 January 1970.) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Head of Mustafa Kemal Atatürk in three-quarter profile; embedded security thread visible when held to light |
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| Comments |
The 250,000 Lira denomination entered circulation during a period of severe chronic inflation in Turkey — by the late 1990s, the lira had depreciated so catastrophically against major currencies that notes of this face value were buying little more than a loaf of bread. The series to which P#211 belongs eventually culminated in denominations reaching 20,000,000 Lira before the 2005 redenomination stripped six zeros from the currency entirely, replacing it with the Yeni Türk Lirası at a rate of 1,000,000 old lira to one new.
The extended print run from 1998 to 2001 reflects how long the hyperinflationary spiral persisted before the banking crisis of 2001 forced structural reforms.