|Value||500 Turkish Lira 500 TRY = 4913.36 INR|
|Currency||Old lira (1923-2005)|
|Size||170 × 80 mm|
Purple and brown on multicolor underprint.
Portrait of President Kemal AtatÂ¸rk at right.
Printer: Central Bank of the Republic of Turkey - CBRT
Türkiye Cumhuriyet Merkez Bankası
BEŞ YÜZ TüRK
11 HAZIRAN 1930 TARIH VE 1713 NUMARALI
KANUNA GÖRE CIKARILMISTIR
Central Bank of Turkey Republic
FIVE HUNDRED TURKS
DATE 11 JUNE 1930 AND NUMBER 1713
ISSUED BY LAW
Sultan Ahmed Mosque, Obelix and Hippodrome
Republic of Turkey
Watermark of the president Kemal AtatÂ¸rk.
© Samuel Kirubakaran.D
Historical banknotes from the second, third and fourth issues have portraits of İsmet İnönü on the obverse side. This change was done according to the 12 January 1926 issue of the official gazette and canceled by the Democrat Party after World War II.
After periods of the lira pegged to the British pound and the French franc, a peg of 2.8 Turkish lira = 1 U.S. dollar was adopted in 1946 and maintained until 1960, when the currency was devalued to 9 Turkish lira = 1 dollar. From 1970, a series of hard, then soft pegs to the dollar operated as the value of the Turkish lira began to fall.
The following are based on yearly averages:
1960s – 1 U.S. dollar = 9 Turkish lira
1970 – 1 U.S. dollar = 11.3 Turkish lira
1975 – 1 U.S. dollar = 14.4 Turkish lira
1980 – 1 U.S. dollar = 80 Turkish lira
1985 – 1 U.S. dollar = 500 Turkish lira
1990 – 1 U.S. dollar = 2,500 Turkish lira
1995 – 1 U.S. dollar = 43,000 Turkish lira
2000 – 1 U.S. dollar = 620,000 Turkish lira
2001 - 1 U.S. dollar = 1,250,000 Turkish lira
2005 – 1 U.S. dollar = 1,350,000 Turkish lira
The Guinness Book of Records ranked the Turkish lira as the world's least valuable currency in 1995 and 1996, and again from 1999 to 2004. The Turkish lira had slid in value so far that one original gold lira coin could be sold for 154,400,000 Turkish lira before the 2005 revaluation.
To manage your collection, please log in.
|1962-Sep-1||5,120,000||25%||Brown : Series P - T = P#178|
|1968-Jun-3||13,538,000||75%||Purple : Series S - Z = P#178a|
Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.
No member from this site currently wants to exchange it.