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50 000 Lira Black and green numeral
| Issuer | Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey) |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#203 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI 50000 ELLİ BİN TÜRK LİRASI (Translation: Central Bank of the Republic of Turkey, Fifty Thousand Turkish Lira) |
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| Protection type | Log in to see details |
| Protection description | Portrait watermark of Mustafa Kemal Atatürk |
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| Comments |
By 1989, Turkish inflation had been running above 60% annually for several years, forcing the central bank to issue notes at denominations that would have been unthinkable a decade earlier. The 50,000 Lira note was a direct consequence — the highest denomination in circulation at its introduction, though it would soon be dwarfed by the inflationary spiral of the early 1990s that eventually necessitated the 2005 redenomination, which stripped six zeros from the currency.
Printed entirely in-house at the Ankara banknote printing works, which the central bank has operated since 1955. Watermark security only — no metallic strip — which reflects the production economics of a high-turnover inflationary issue where notes cycled out of circulation quickly enough that sophisticated security was largely redundant.