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5 Lira
| Issuer | Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey) |
|---|---|
| Year | 1937 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | TÜRKİYE CÜMHURİYET MERKEZ BANKASI BEŞ TÜRK LİRASI TÜRK LİRASI 11 HAZİRAN 1930 TARİH VE 1715 NUMARALI KANUNA GÖRE ÇIKARILMIŞTIR UMUM MÜDÜR UMUM MÜDÜR MUAVİNİ (Translation: Central Bank of the Turkish Republic / Five Turkish Lira / Turkish Lira / Issued pursuant to Law No. 1715 dated 11 June 1930 / General Manager / Deputy General Manager) |
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| Reverse lettering | TÜRKİYE CÜMHURİYET MERKEZ BANKASI 5 TÜRK LİRASI TÜRK LİRASI (Translation: Central Bank of the Turkish Republic / 5 Turkish Lira / Turkish Lira) |
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| Comments |
Turkey's Central Bank had only been established in 1930, and its early note issues were entirely dependent on foreign printers — De La Rue handled much of this work through the 1930s. The 1937 series came during a period of single-party statist economic policy under the CHP, when the government was actively expanding state banking infrastructure and tightly controlling foreign exchange.
P#127 is among the earlier low-denomination issues of the bank's second decade, and surviving examples in circulated grades often show horizontal fold stress along the center — a known weakness in the paper stock used for this series.