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The official currency of Turkey is the Turkish Lira (TL), managed by the Central Bank of the Republic of Turkey, and is crucial for daily transactions. Travelers can obtain Turkish Lira through local banks, which offer better exchange rates than airports or hotels. The official currency of Turkey is the Turkish Lira , abbreviated as TRY or symbolized as ₺. The lira has been Turkey’s currency since 1923, replacing the Ottoman lira following the establishment of the Republic of Turkey. The common currency of Turkey is the Turkish lira (TRY), a central part of the financial system with a complex history. Throughout this guide, we will explore the history of the currency, its current form and denominations, and some practical tips for its usage in your travels. The official currency as well as the unit of Turkish money is the Turkish Lira (Türk Lirası, TL or TRY). A unique symbol (₺) was introduced by the Turkish Central Bank to denote the Turkish Lira.
