Egyptian Pound in Turkish Lira

EGP Egyptian Pound

Country of application:
Egypt

Coin denominations in circulation:
25, 50 piastres, 1 pound sterling.

Denominations of banknotes in circulation:
£ 1, 5, 10, 20, 50, 100, 200.

History reference:
The national currency of Egypt is the Egyptian pound or guinea, pronounced el-Giney, el-Mashri). In 1834, according to a royal decree, on the basis of a parliamentary bill, the issue of a new monetar...y currency of Egypt, the pound, was launched, a currency of a larger denomination in relation to the piastres. Piastre was not withdrawn from circulation and was equated to 0.01 pounds, amounting, in turn, to 40 pairs. In 1885, the production of steam was discontinued, and in 1916 it was replaced by millimes, i.e. 0.1 piastres. All banknotes depict various mosques in Egypt. Banknotes of 25 and 50 piastres, as well as 1 pound, actually went out of circulation, just as banknotes of 5 and 10 piastres went out of circulation earlier.

TRY Turkish Lira

Country of application:
Turkey

Coin denominations in circulation:
1 lira, 50, 25, 10, 5, 2 and 1 kurush.

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

History reference:
The Turkish lira has been the national currency of Turkey since 1923 and replaced the Ottoman lira, which in turn has been in circulation since 1844. The history of Turkish money circulation dates ba...ck to the times of the Ottoman Empire, which lasted from 1299 until the end of the 19th century. Precious metals were widely used as money. Ancient coins were issued by sultans and bore their names, but not portraits - in accordance with Islamic tradition. In 1327, Akche ("whitish") was minted by Orkhan. This small silver coin was in circulation on the territory of the Ottoman Empire and its neighboring states in the 14th - 19th centuries. Starting from 1623 until 1930, a silver Turkish coin was also in circulation - a pair. Then it was used exclusively as a counting unit, 1/40 kurush. Kurush is a small Turkish coin used in the Ottoman Empire since 1688.