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	Turkish lira: Facts and details from Encyclopedia Topic (Site not responding. Last check: 2007-09-10)
		The new turkish lira is the current currency of turkey and turkish republic of northern cyprus, issued on january 1 2005....
		The Turkish lira slid in value to such an extent that one original gold lira coin could be sold for approximately 120,000,000 Turkish lira prior to the 2005 revaluation.
		The dardanelles (turkish: çanakkale boaz), formerly hellespont, is a narrow strait in northwestern turkey connecting the aegean sea...
	www.absoluteastronomy.com /encyclopedia/t/tu/turkish_lira.htm (1249 words)

	Turkey - Wikipedia, the free encyclopedia
		In 1923 the Treaty of Lausanne recognized the sovereignty of a new Turkish Republic, Kemal was granted the name Atatürk (meaning father of Turks) by the National Assembly and would become the Republic's first President.
		On January 1st 2005 the Turkish Lira was replaced by the New Turkish Lira, at an exchange rate of 1 new lira to 1,000,000 old.
		The Turkish constitution recognises freedom of religion for individuals, and the religious communities are placed under the protection of state, but the constitution explicitly states that they cannot become involved in the political process, by forming a religious party for example.
	en.wikipedia.org /wiki/Turkey (4169 words)

	New Turkish lira - the free encyclopedia (Site not responding. Last check: 2007-09-10)
		The new Turkish lira is the current currency of Turkey and Turkish Republic of Northern Cyprus.
		With the revaluation of the old Turkish lira, the Romanian leu (to berevalued in July 2005) became the world's leastvalued currency unit.
		A similar case to the Turkish is the Peruvian nuevo sol ("new sun"), that replaced in 1991 one million inti ("sun" in Quechua); the inti itself had replaced the sol de oro("golden sun") in 1985 at a rate of 1000 to 1.
	www.world-knowledge-encyclopedia.com /?t=YTL (469 words)

	New Turkish Lira - All About Turkey
		While determining the name of the new currency unit, the expression of "Lira", which is the unique currency unit traditionally used throughout the Republican period after the War of Independence and identified with Turkey in international markets, has been preserved.
		In sum, changeover to New Turkish Lira was necessary both for the prospective positive effects on the currency's reputation and for technical reasons.
		The New Turkish Lira is also symbol and evidence of Turkey's determination to drive down inflation.
	www.allaboutturkey.com /ytl.htm (648 words)

	New Turkish Lira law - All About Turkey
		The Council of Ministers is empowered to remove the expression of "New" used in the "New Turkish Lira" and the "New Kurus" and to establish the principles on its application.
		Provisional Article 1- The Turkish Lira banknotes and coins that are currently in circulation shall be circulated along with the New Turkish Lira banknotes as well as the new coins to be issued between 1 January 2005 and 31 December 2005.
		The introduction of the New Turkish Lira shall not alter the terms and conditions of juridical relations, and shall not give the right to any of the parties to claim an excuse to alter or cancel a juridical relation unilaterally, in fulfillment of his/her obligation.
	www.allaboutturkey.com /ytllaw.htm (1271 words)

	newsobserver.com \| World (Site not responding. Last check: 2007-09-10)
		One million lira will become one new Turkish lira, under the new currency, which will be legal tender as of Jan. 1, 2005, and the country will cease to be the land of the millionaires and billionaires.
		For many Turks, the new money will end the confusion of dealing in a currency in which the smallest coin in general circulation is the 50,000 and a loaf of bread can cost you 350,000 lira while a small container of orange juice costs 1,900,000 lira.
		As the new year begins, that loaf will cost 0.35 new Turkish lira (or 35 kurus- 1 lira will equal 100 kurus in new currency), and that orange juice will be 1.90 new Turkish lira.
	newsobserver.com /24hour/world/story/1961492p-9964589c.html (706 words)

	BakuSun (Site not responding. Last check: 2007-09-10)
		No major problems were reported after the new Turkish lira went into circulation for the New Year, although credit cards were unusable for about five minutes while the transition to the new currency was made.
		Bank machines were also distributing the new currency, but few on the street appeared to have made the switch, with the old currency remaining in circulation throughout the year.
		Introducing a new currency has been a Turkish goal for years, but the government was only able to move forward now that inflation is projected to run about 8 percent this year.
	www.bakusun.az:8100 /cgi-bin/ayten/bakusun/show.cgi?code=7227 (511 words)

	The Peninsula On-line: Qatar's leading English Daily
		With a recent new IMF deal and the prospect next year of European Union entry talks, Turkey wants to make sure investors get the message that its economy is finally on an even keel.
		The new lira, or Yeni Turk Lirasi (YTL) in Turkish, will be divided into 100 kurus, a unit that has been defunct since the 1970s.
		Both old and new lira will be legal tender throughout 2005 and prices will have to be displayed in both, as many businesses are already doing.
	www.thepeninsulaqatar.com /features/featuredetail.asp?file=decemberfeatures482004.xml (836 words)

	Eski Istanbul Resimleri - Nostalgia Pictures Eski Fotoğrafları (Site not responding. Last check: 2007-09-10)
		While determining our new currency unit, the expression of “Lira” has been preserved, which is the unique currency unit traditionally used throughout the Republican period and identified in the international markets with Turkey.
		Throughout 2005, Turkish Lira and New Turkish Lira banknotes and coins will concurrently be in circulation for one year.
		All references made to “Turkish Lira” or “Lira” in laws and other legislation, administrative procedures, court decisions, legal operations, commercial papers and other documents that produce legal effects as well as means of payment and instruments of exchange shall be considered to have been made to “New Turkish Lira”.
	www.34tr.com /index.php?template=ytlfaq (2715 words)

	New Turkish Lira
		New Turkish Lira (YTL) and its sub-unit YKr (New Kurush-Yeni Kurus) was put into circulation on 1 st January 2005.
		The Turkish Lira (TL) banknotes and coins were in circulation between 1st January 2005 and 31st December 2005, along with the New Turkish Lira (YTL) banknotes as well as the new coins.
		From 1 st January 2006 TL (old) coins can be converted into the New Turkish Lira coins for a period of 1 year by the Central Bank of the Republic of Turkey and Ziraat Bank (T.C. Ziraat Bankasi).
	www.turkisheconomy.org.uk /ytl.html (236 words)

	The Seattle Times: Nation & World: Turkey zeros in on large lira digits
		For many Turks, the new money will end the confusion of dealing in a currency in which the smallest coin in general circulation is the 50,000, a loaf of bread can cost 350,000 lira and a small container of orange juice costs 1,900,000 lira.
		As the new year begins, that loaf will cost 0.35 new Turkish lira (or 35 kurus), and that orange juice will be 1.90 new Turkish lira.
		Some say they will be depressed when they wake up New Year's Day and see that the millions or maybe even billions they had in the bank are just hundreds or thousands of new lira.
	seattletimes.nwsource.com /html/nationworld/2002136402_turkey31.html (306 words)

	Tourbox Antalya - Hotels in Turkey - The New Turkish Lira - one year on. (Site not responding. Last check: 2007-09-10)
		Now with the new Turkish Lira 1 YTL is almost equal to Australian Dollars and we now have new 50 and 100 YTL banknotes.
		The old Turkish lira coins and banknotes will no longer be valid for cash transactions after New Year's but can be exchanged at the Central Bank or any branch of Ziraat Bank — any time up to one year for coins and 10 years for banknotes.
		Mint Director Ahmet Büyükkaymaz told the Anatolia news agency that he had expected to see 70 percent of the new coins by now, and that they still have hundreds of millions of new coins yet to be put in circulation.
	www.tourboxantalya.com /forum/topic.asp?TOPIC_ID=121 (766 words)

	New Turkish Lira - Deloitte Touche Tohmatsu
		Turkish people very well understand the economic principle that in the circulation of money “bad money drives out good”, Gresham’s Law in economics was first explained by Sir Thomas Gresham in 1558, because of the persistent inflationary period experienced for about 25 years.
		As a consequence of this, the biggest denomination of Turkish Lira banknote in circulation has been 20,000,000 TL at the end of 2002, while it was 1,000 TL in 1980.
		The Turkish economy will enter a new and significant phase after removing six zeros from TL with the conversion rate of 1,000,000 TL to 1 TRY.
	www.deloitte.com /dtt/press_release/0,1014,sid=7073&cid=64835,00.html (328 words)

	Scotsman.com News - Number's up at last for Turkey's lira millionaires (Site not responding. Last check: 2007-09-10)
		In the country with the dubious distinction of having the highest-denomination bank- notes in the world, one million lira was worth a mere 40p.
		Monthly wages were paid in billions, the state budget was calculated in quadrillions and cash registers and calculators had to be adapted to cope with the baffling ranks of zeroes.
		One million lira will become one lira and new banknotes and coins, without the trailing zeroes, are to enter circulation.
	news.scotsman.com /index.cfm?id=2182005 (948 words)

	The New Turkish Lira Home - NewLira.com
		The symbol for New Turkish Lira is YTL and for New Kurus, YKr.
		The new lira has notes of 100, 50, 20, 10, 5 and 1 lira and coins of 1 lira, 50, 20, 10, 5 and 1 kurus.
		The new lira rate will be simply 1/millionth or 6 zeros less than the old lira, whereas the Euro countries had complex exchange rate conversions.
	www.newlira.com (728 words)

	Turkey launches new currency - International Business - MSNBC.com (Site not responding. Last check: 2007-09-10)
		Turkish Prime Minister Tayyip Erdogan displays a new 20 Turkish lira banknote outside an ATM in the Black Sea town of Safranbolu on Saturday.
		No major problems were reported after the new Turkish lira went into circulation for the New Year, although credit cards were unusable for about five minutes while the transition was made.
		Turkish governments must avoid the type of excessive spending that was partly responsible for the inflation.
	www.msnbc.msn.com /id/6776071 (670 words)

	Microsoft Office Assistance: Support for the new Turkish lira in Microsoft Office (Site not responding. Last check: 2007-09-10)
		Microsoft Office has taken several steps to ensure that our customers in the Turkish market are able to continue business as usual and that the changeover to the new currency, the new Turkish lira, is transparent.
		If a Turkish currency custom property is displayed through a text field, and a field format that includes units is selected, the text field will always display the new currency after the New Turkish Lira Currency Symbol Converter Tool is installed, regardless of the format chosen for the underlying custom property.
		New Turkish lira: Use any of the top three formats and ensure that the New Turkish Lira Currency Symbol Converter Tool is installed.
	office.microsoft.com /en-us/assistance/HA011597031033.aspx (2452 words)

	Yeni Turk Lirasi: the New Turkish Lira
		The New Turkish Lira (Yeni Türk Lirasi, YTL), introduced on January 1, 2005, is what you'll use to pay for your Istanbul hotel, your rental car, a nargile (water pipe) or just a glass of Turkish tea.
		Old Turkish liras were withdrawn from circulation during 2005.
		The New Turkish Lira is equivalent to one million (old) Turkish Liras (TL).
	www.turkeytravelplanner.com /TravelDetails/Money/yeni_lira.html (323 words)

	Turkish Lira - Search Results - MSN Encarta (Site not responding. Last check: 2007-09-10)
		The New Turkish lira consists of 100 New kurus.
		The monetary unit of the Greek sector of Cyprus is the Cyprus pound of 100 cents (0.45 pounds equalled US$1; early 2005).
		The monetary unit of Turkey is the New Turkish lira of 100 kuruş (1.35 lire equalled US$1; early 2005), which replaced the Turkish lira from January...
	uk.encarta.msn.com /Turkish_Lira.html (116 words)

	Guardian Unlimited \| Special reports \| New money for Turkey ends 'wad of cash' culture
		At midnight last night Turkey adopted a new currency, the new Turkish lira, or YTL, replacing notes which for years had symbolised economic upheaval.
		One new Turkish Lira will equal one million Turkish lira and will amount to approximately €0.55, although both currencies will circulate until the end of 2005.
		The economic turn-around was decisive in last month's momentous decision by EU leaders to open accession talks with the predominantly Muslim country later this year.
	www.guardian.co.uk /turkey/story/0,12700,1381759,00.html (507 words)

	The New Turkish Lira Home - NewLira.com: Money Tips for Turkey
		The New Turkish Lira (the YTL) was released on 1 January 2005.
		The combination of many zeros on the older Turkish lira along with two sets of coins and notes in circulation (for 2005) will create difficulties for first-time visitors.
		One of the simplest ways to convert from the new lira to the old and vice versa is to print and carry the Lira Conversion Chart from the FAQ section of NewLira.com.
	newlira.com /2004/12/money-tips-for-turkey.html (521 words)

	New Turkish Lira (Site not responding. Last check: 2007-09-10)
		The old name of Turkish money was "Turkish Lira" (In turkish "turk lirasi" or TL) and now it was changed to "New Turkish Lira" YTL (In turkish "yeni turk lirasi" or YTL).
		Turks will use the new money bills for a year and then the government will take out the "new" word from the name converting back the name YTL to TL (new turkish lira to turkish lira).
		The new bills have the picture of Mustafa Kemal Ataturk (the founder of the Turkish republic) at one side and at its verse the pictures of : Ishak Pasa Palace near Dogubayazit, Cappadocia, Ephesus, Pire Reis Map, Ataturk mausoleum and Ataturk Dam at Sanliurfa.
	www.business-with-turkey.com /tourist-guide/new_turkish_lira.shtml (601 words)

	seeurope.net :: View Story (Site not responding. Last check: 2007-09-10)
		The introduction of the New Turkish Lira, the government says, will cement the dramatic decline in Turkey's chronic inflation -- a reward for the painful reforms the country undertook in the wake of one of its worst economic crises in 2001.
		Although it is only a numerical move in theory, the redenomination is hailed as a sign that the Turkish economy is shedding the legacy of decades of financial turmoil and is well on track to face up to even harder reforms once Ankara starts accession talks with the European Union on October 3, 2005.
		Under the new stand-by deal with the IMF, Turkey aims to reduce inflation to EU levels, setting the targets at eight percent in 2005, five percent in 2006 and four percent in 2007.
	www.seeurope.net /en/Story.php?StoryID=54232&LangID=1 (620 words)

	Lets go Istanbul. Istanbul sights, attractions, hotels and restaurants
		During the passing period both old liras and new liras were used, however as of 1st January 2006, old Liras with many zeros are no longer valid.
		In the new currency there are the new 50,- YTL and 100,- YTL, equivalent to 37 and 74 USD respectively.
		With the new currency the biggest banknote is the New 100,- YTL banknote with darkblue dominant color.
	www.letsgoistanbul.com /money.htm (894 words)

	GarantiBank >> Conversion to the New Turkish Lira (Site not responding. Last check: 2007-09-10)
		The re-denomination of Turkish Lira by dropping six digits, which will be effective as of 1st of January 2005, indicates the beginning of a new era for the financial markets just like for the rest of Turkish Economy.
		The word "New" will be dropped from the name of the currency unit, and the New Turkish Lira will be named as Turkish Lira (TL) after year 2006.
		Since this value corresponds to a value smaller than 1 New Kuruş, there are initiatives to change TCC so that the nominal value will be equal to 1 New Kuruş or 1 New Turkish Lira (Please note that the ISE concept of nominal value is separate from TCC concept of nominal value).
	www.garantibank.com /custody_clearing/ytl.html (2062 words)

	SurfWax: News, Reviews and Articles On Siirt
		The new cases of bird flu in Turkey were in the south-east of the country.
		The new patients, from the southeastern provinces of Siirt and Sanliurfa, were in stable condition, a statement by the health ministry's crisis center said Thursday.
		Earlier on Tuesday, two security officials died and nine others were injured in a clash between the security forces and a group of PKK militants in the Eruh town of southeastern province of Siirt, Anatolia reported, adding that a PKK militant was also killed in the clash.
	news.surfwax.com /worldcities/files/Siirt_Turkey.html (1437 words)

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