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5 000 000 Lira

Uitgever Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey)
Jaar 1997
Type Log in om details te zien
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Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen 162 × 76 mm
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
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Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde TÜRKİYE CUMHURİYET MERKEZ BANKASI 5000000 BEŞ MİLYON TÜRK LİRASI 14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR
(Translation: Central Bank of the Republic of Turkey, Five Million Turkish Lira, Issued according to the law number 1211 of 14 January 1970)
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde TÜRKİYE CUMHURİYET MERKEZ BANKASI BEŞ MİLYON TÜRK LİRASI ANITKABIR ANKARA
(Translation: Central Bank of the Republic of Turkey, Five Million Turkish Lira, Anıtkabir Ankara)
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Opmerkingen

By 1997, Turkish inflation had been running at triple-digit annual rates for the better part of a decade, forcing denominations that would have been unthinkable a generation earlier. The 5,000,000 Lira note is a direct product of that spiral — in 1970, a single U.S. dollar bought roughly 9 Lira; by the time this note was printed, the rate had collapsed past 100,000 Lira to the dollar.

Turkey's central bank eventually addressed the accumulated zeros through a redenomination in 2005, when one New Turkish Lira replaced one million old Lira, effectively erasing six zeros from the currency overnight.

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