Currency of Turkey
The official currency of the Republic of Turkey is Turkish Lira. The Turkish Lira is divided into subunits called kuruş.
The official currency of the Republic of Turkey is Turkish lira. The Turkish Lira is divided into subunits called kuruş. Paper currency comes in 5, 10, 20, 50, 100 and 200 TRY money notes and metal currency comes in 5, 10, 25, and 50 kuruş and 1 Lira coins.
Images of the founding father of the Turkish Republic, Mustafa Kemal Ataturk, take place on the front face of money notes while the back sides depict prominent names and places of Turkish culture.
Turkish Lira vs. Euro & Dolar
Apart from Turkish Lira, strong currencies such as U.S. Dollar and Euro are widely accepted by large shopping centers, hotels and restaurants. 1 Euro is approximately 4 TRY and 1 dolar is approximately 3,7 TRY.
In Istanbul, there are ATM's everywhere! You may withdraw Turkish Lira from them with an addition of commission. You may, as well, change money at a bank, hotel but exchange offices are always a better choice with their relatively lower commission rates and it is advisable that you carry some Turkish Lira with you at all times for your own convenience.
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