Turkish Lira in Hungarian Forint

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.

HUF Hungarian Forint

Country of application:
Hungary

Coin denominations in circulation:
5, 10, 20, 50, 100, 200 forints.

Denominations of banknotes in circulation:
500, 1,000, 2,000, 5,000, 10,000, 20,000 forints.

History reference:
The state monetary unit of Hungary is the Hungarian Forint (Hungarian Forint, international code - HUF). Used since 1946, before that the pengő was used as the Hungarian currency, which could not su...rvive the largest hyperinflation in history. Previously, forints had small change coins - fillers, but now they are out of circulation. When the Hungarian National Bank first issued the new currency, banknotes denoting 10 and 100 forints entered circulation. Each forint was subdivided into 100 fillers. Until 1991, following the inflationary processes, the National Bank expanded the available set of banknotes by issuing banknotes with a higher denomination. Later, it was decided to revise the design of the currency, and since 2001, on each banknote, on the one hand, a Hungarian statesman is depicted, and on the other, an event associated with his activities. It should be noted that there are no watermarks on the forints. Protection against counterfeiters is provided, first of all, by a holographic strip.