The kuruş (غروش) was the currency of the Turkey and parts of the Ottoman Empire until 1844. Kuruş (derived from the German Groschen; Ottoman Turkish: غروش gurûş) is a Turkish currency subunit Turkey (Türkiye known officially as the Republic of Turkey ( is a Eurasian Country that stretches The Ottoman Empire (1299–1923 ( Old Ottoman Turkish: دولتْ علیّه عثمانیّه Devlet-i Âliye-yi Osmâniyye, Late Ottoman and Modern Turkish It was subdivided into 40 para (پاره), each of 3 akçe. The para ( Cyrillic: пара from Turkish para, from Persian pārah, "piece") was a former currency A Silver Coin, the akçe was the chief monetary unit of the Ottoman Empire. In European languages, the kuruş was often referred to as the piastre.
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History
The kuruş was introduced in 1688. It was initially a large, silver coin, approximately equal to the French écu. This article is about the medieval and early modern French currency not the European Currency Unit (ECU or an Electronic control unit (ECU However, during the 18th and early 19th centuries, debasement reduced the kuruş to a billon coin weighing less than 3 grams.
In 1844, the lira was introduced as the new standard denomination. The Lira ( Turkish Türk lirası or TL) was the currency of Turkey until 2005 It was worth 100 kuruş and the kuruş continued to circulate until the 1970s. The name was revived in 2005 as the subdivision of the Turkish new lira. The new lira (yeni türk lirası is the Currency of Turkey. The de facto independent state of the Turkish Republic of Northern Cyprus also
Coins
At the beginning of the 19th century, silver coins were in circulation for 1 akçe, 1, 5, 10 and 20 para, 1, 2 and 2½ kuruş, together with gold coins denominated in zeri mahbub and altin. As the silver coins were debased, other denominations appeared: 30 para, 1½, 3, 5 and 6 kuruş. The final coinage issued before the currency reform consisted of billon 1, 10 and 20 para, and silver 1½, 3 and 6 kuruş .
References
- Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801-1991, 18th ed. The Standard Catalog of World Coins is a series of numismatic Catalogs commonly known as the Krause catalogs in the Numismatic hobby , Krause Publications. ISBN 0-87341-150-1.
External links
- Don's World Coin Gallery - Turkey
- Ron Wise's World Paper Money - Turkey Mirror site
- Tables of Modern Monetary Systems by Kurt Schuler - Asia Mirror site
- The Global History of Currencies - Turkey
- Global Financial Data currency histories table (
Microsoft Excel format)
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