The official currency of Turkey is the Turkish lira, abbreviated as TRY. The lira has undergone several changes throughout history, with the current version introduced in 2005. One Turkish lira is subdivided into 100 kuruş. The currency symbol is ₺. The Turkish lira has been subject to fluctuations and inflation, especially in recent years, impacting its value against other currencies. This currency is not only used for everyday transactions in Turkey but also serves as a symbol of the country’s monetary policy and economic stability.