Catalog
5000 Lira
| Issuer | Türkiye Cumhuriyet Merkez Bankası (Central Bank of the Republic of Turkey) |
|---|---|
| Year | 1990 |
| 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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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#198 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKİYE CUMHURİYET MERKEZ BANKASI BEŞ BİN TÜRK LİRASI 14 OCAK 1970 TARİH VE 1211 SAYILI KANUNA GÖRE ÇIKARILMIŞTIR BAŞKAN BAŞKAN YARDIMCISI (Translation: Central Bank of the Republic of Turkey, Five Thousand Turkish Lira, Issued according to the law number 1211 of 14 January 1970, Governor, Deputy Governor) |
| Reverse description | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | Portrait of Mustafa Kemal Atatürk in half profile |
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| Comments |
By 1990, Turkish inflation had been running at triple-digit annual rates for years, and the 5,000 Lira note — worth roughly a dollar at issue — was already being outpaced before it left the press. The Central Bank's own printing facility in Ankara had been churning through ever-higher denominations since the late 1970s, a treadmill that would eventually produce the 10,000,000 Lira note before the 2005 redenomination wiped six zeroes from the currency entirely.
Pick 198 belongs to the seventh emission series. The sole listed security feature is a watermark — modest protection for a denomination that hyperinflation rendered obsolete within months of release.