Catalog
5 Türk Lirası
| Issuer | Türkiye Cumhuriyet Merkez Bankası |
|---|---|
| Year | 1970 |
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| Value | Log in to see details |
| Currency | Lira (1923-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI 5 BEŞ TÜRK LİRASI 14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR. BAŞKAN BAŞKAN YARDIMCISI TÜRKİYE CUMHURİYET MERKEZ BANKASI BANKNOT MATBAASI 2009 |
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| Reverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI Ord. Prof. Dr. AYDIN SAYILI 1913 - 1993 BEŞ TÜRK LİRASI 5 |
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| Comments |
This note belongs to the Fifth Emission Group issued by the Central Bank of Turkey, a series that ran through a period of persistent inflation and repeated devaluation that would eventually force a complete redenomination decades later. The TCMB's in-house printing facility in Ankara, the Banknot Matbaası, had been producing domestic currency since the late 1950s, reducing dependence on foreign security printers — a meaningful shift in operational autonomy for the bank.
The 5 Lira denomination was, by 1970, already of modest purchasing power. Heavily circulated examples are the rule rather than the exception.