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The Turkish lira sign (symbol: ₺; image: ₺) is the currency symbol used for the Turkish lira, the official currency of Turkey and Northern Cyprus. It serves as a visual identifier for the lira in written and printed documents, as well as in digital communications. The design was presented to the public on March 1, 2012.
The current currency sign of Turkish lira was created by the Central Bank of the Republic of Turkey in 2012. The new sign was selected after a country-wide contest. [68] The new symbol is composed of the letter L shaped like a half anchor, and embedded double-striped letter T angled at 20 degrees.
The lira was the currency of Italy from its unification until it was merged into the euro in 1999. [2] A unit of currency lira had previously been used in some of the states and possessions that became Italy but their values were not necessarily equivalent. (See Luccan lira, Papal lira, Parman lira, Sardinian lira and Tuscan lira.)
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: €2.50, 2,50€ and 2 50.
In the transitional period between 1 January 2005 and 31 December 2008, the second Turkish lira was officially called "new Turkish lira" (abbr: YTL) in Turkey. Banknotes, referred to by the Central Bank as the "E-8 Emission Group", were introduced in 2005 in denominations of YTL 1, YTL 5, YTL 10, YTL 20, YTL 50, and YTL 100.
In 1844, the Turkish gold lira was introduced as the new standard denomination. It was divided into 100 silver kuruş and the kuruş continued to circulate until the 1970s. Kuruş eventually became obsolete due to the chronic inflation in Turkey in the late 1970s. A currency reform on 1 January 2005 provided its return as 1 ⁄ 100 of the new lira.
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Currency Sign of Turkish Lira Items portrayed in this file depicts. inception. 1 March 2012. File history ...