Emission Group

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According to Article 1 of the Law No. 5083 on the Currency Unit of the Republic of Turkey, the Council of Ministers was authorized to remove the prefix "New" from the "New Turkish Lira" and from the "New Kurus". The Council of Ministers decision stipulating the removal of the prefix “New” from the name of the Turkish currency on 1 January 2009 was enacted upon promulgation in the Official Gazette of 5 May 2007. 

The Ninth Emission Group Turkish lira banknotes were issued in 6 denominations of 5, 10, 20, 50, 100 and 200 Turkish liras and in 3 series:

  • E9 Emission Group  Banknotes of 1st Series: 
    The banknotes in this series have improved features with respect to size, design and security and they were put into circulation on 1 January 2009.  
  • E9 Emission Group  Banknotes of 2nd Series: 
    10, 20 and 100 Turkish lira banknotes were put into circulation on 24 December 2012; and 5, 50 and 200 Turkish lira banknotes were put into circulation on 8 April 2013.
  • E9 Emission Group  Banknotes of 3rd Series: 
    5, 10 and 200 Turkish lira banknotes were put into circulation on 27 March 2017.
Banknotes in the 2nd and 3rd series in the E9 emission group are concurrently circulated with the 1st series that were put into circulation on 1 January 2009. 

Turkish Lira Publicity Campaign Page

The Eighth Issue (E8) banknotes were printed in the framework of the decision to drop six zeros from the Turkish currency in accordance with the Law on the Currency Unit of the Republic of Turkey (Law No: 5083, dated 28.01.2004).

This issue group was put into circulation on 1 January 2005 and consisted of 6 denominations of 1, 5, 10, 20, 50 and 100 New Turkish liras. All of the E8 group banknotes were printed in Turkey.

The Eighth Emission Group banknotes were withdrawn on 1 January 2010 and will lose their value at the end of the 10-year redemption period.

New Turkish Lira Publicity Campaign Web Page

 

All of E7 Emission Group banknotes were printed in Turkey. Banknotes in this emission group started to be put into circulation in 1979.  

The E7 group banknotes were printed in 15 denominations of 10, 100, 500, 1,000, 5,000, 10,000, 20,000, 50,000, 100,000, 250,000, 500,000, 1,000,000, 5,000,000, 10,000,000 and 20,000,000 Turkish liras and in 36 series. All E7 group banknotes were printed in Turkey.

E7 Emission Group banknotes were withdrawn on 1 January 2006 and their redemption period terminated on 31 December 2015. 

 

The Fifth Emission Group banknotes were printed in 7 denominations of 2 ½ , 5, 10, 50, 100, 500 and 1,000 Turkish liras and in 32 series. They were in circulation between 1951 and 1971.

Attempts to establish a banknote printing plant in Turkey were initiated towards the end of the 1930s but postponed due to the Second World War. In 1951, efforts started again, and the Banknote Printing Plant was finished and started producing banknotes in 1958.

The Fifth Emission Group banknotes were printed in the UK, Germany and the USA until the establishment of the Banknote Printing Plant. The first banknotes printed in Turkey were the 1,000 Turkish lira banknotes in the third series of the 5th Emission Group.

The 1,000 Turkish lira banknote, which was referred to as the “Purple Thousand", was in this Emission Group. 

 

The Fourth Emission Group banknotes, which were printed in the USA, were put into circulation in 1947 and 1948.

The Fourth Emission Group banknotes were printed in two denominations of 10 and 100 Turkish liras and 3 series. This is the emission group with the least number of denominations and series in all emission groups. 

 

The Third Emission Group (E3) banknotes, all of which featured the portrait of İsmet İnönü, stayed in circulation between 1942 and 1947. Banknotes in this group were printed in the UK, Germany and the USA.

The Third Emission Group banknotes were printed in 6 denominations of 2 ½ , 10, 50, 100, 500 and 1,000 Turkish liras and 7 series. 

 

After the CBRT was established, the banknotes which were printed in Ottoman script before the Alphabet Revolution were replaced with new banknotes carrying the Latin alphabet. This emission group, called the 2nd Emission Group, features both Atatürk’s and İsmet İnönü’s (the second President of the Republic) portraits on banknotes.

The new banknotes were printed in 9 denominations and 11 series, consisting of denominations of 50 Kurus, 1, 2 ½, 5, 10, 50, 100, 500 and 1,000 Turkish liras. Except the 50 Kurus banknotes, which were printed in Germany, all banknotes were printed in the UK. 

The Second Emission Group (E2) was put into circulation between 1937 and 1944 by the Central Bank and the 5 Turkish lira banknotes were the first to be circulated. Some banknotes in this emission group could not be put into circulation due to the Second World War. For instance, 50 Kurus and 100 Turkish lira banknotes, which featured the portrait of İnönü and were printed in the UK, were damaged in a ship attack in the Port of Piraeus on their way to Turkey. 
Also, the 50 Turkish lira banknotes could not be put into circulation because the plant, printing the banknotes in London, was damaged in an air raid.  

 

The decision to issue the first banknotes (E1) of the Republic of Turkey was made by a committee chaired by Abdülhalik Renda, the Minister of Finance. At the end of a nine month- study, the First Emission Group Turkish lira banknotes in denominations of 1, 5, 10, 50, 100, 500 and 1,000 Turkish liras were printed by an English printing firm, Thomas De La Rue. The banknotes were printed by intaglio technique on papers with watermarks.  

The first emission group banknotes were put into circulation on 5 December 1927. As banknotes of this emission group were printed before the Alphabet Revolution introduced on 1 November 1928, their main text was in Ottoman script, whereas the denominations were in French. The Ottoman banknotes, Evrak-ı nakdiye, were withdrawn from circulation on 4 December 1927, and lost their value as legal tender on 4 September 1928.