turkish lira


In 2005 the central bank and the government in Turkey knocked off a handful of zeros from their currency and today the currency in both Northern Cyprus and Turkey is the yeni, (new), Turkish lira.  Exchange rates fluctuate, but on the whole the currency is now very stable.  The yeni/new part of the currency’s name is to be removed in 2009, ending the novelty completely, but we thought we’d keep it for posterity!