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What happened to the old Turkish lira?

happened lira Turkish
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What happened to the old Turkish lira?

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In 2005 the old Turkish Lira was gradually phased out of circulation. December 31 2005 was the last day the old lira was accepted in shops. From 1 January 2006 onwards, any remaining old lira has to be converted at either the Turkish Central Bank or T.C. Ziraat Bank branches.

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