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| 背面描述 | Central intaglio vignette presents an aerial perspective of the Çanakkale Martyrs' Monument (Çanakkale Şehitleri Anıtı) set on a hillside overlooking the Dardanelles, executed in fine line engraving in violet and purple tones over a peach-toned geometric guilloche border at right. The denomination 500000 is printed in large numerals at upper right and lower left, with the value in words BEŞYÜZ BİN TÜRK LİRASI at lower right. A decorative geometric knotwork panel is inset at lower centre beneath the monument caption. |
| 背面铭文 | TÜRKİYE CUMHURİYET MERKEZ BANKASI BEŞYÜZ BİN TÜRK LİRASI ÇANAKKALE ŞEHİTLERİ ANITΙ (Translation: Central Bank of the Republic of Turkey, Five Hundred Thousand Turkish Lira, Çanakkale Martyrs' Monument) |
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By 1997, Turkish inflation had been running above 70% annually for most of the decade, and the 500,000 Lira note was itself a symptom — a denomination that would have been unthinkable in the 1970s, when the largest note in circulation was 1,000 Lira. The Central Bank's own printing facility in Ankara had been producing successively larger denominations throughout the 1990s at a pace that kept the presses continuously occupied.
This series carried only a basic watermark as its primary security feature — a reflection of how quickly inflation outpaced the economics of investing in sophisticated anti-counterfeiting measures for notes whose real value eroded within months of printing. The 500,000 Lira denomination was eventually made obsolete by the 2005 redenomination, which struck six zeros from the currency and introduced the New Turkish Lira.