Pound Sterling to Turkish Lira — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Turkey, Northern Cyprus

Currency Code, Symbol: TRY, ₺, TL

Denominations of coins in circulation: 1kr, 5kr, 10kr, 25kr, 50kr, ₺1

Denominations of banknotes in circulation: ₺5, ₺10, ₺20, ₺50, ₺100, ₺200

History: The Turkish lira (₺) is the only official currency of Turkey. It is issued and accepted for payment in Turkey. For easier currency conversion, the international market calls It TRY.The Turkish lira is subdivided into kurush. One lira has 100 kurush. The Turkish lira has first been issued in 1923. It has replaced the old Ottoman lira. Previously, the Turkish lira was divided not only into kurush, but also into para. However, after a massive inflation, the new lira came into circulation. Its value is much higher than the old one’s.Read More