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Research draft

Turkish lira

vr.tr.turkish-lira · XCT.QTY

Let an agent handle the Turkish lira by code, issuer, notes and coins, redenomination and official exchange data, without investment advice.

Thing Registry Cross-cutting context

Research draft, second pass

A second pass drafted this model: the structure a model of this thing needs, and what is known about it in the world. The line under this one says how the second half was obtained - researched against sources, or recalled without web access, in which case nothing here was read anywhere and every claim is a lead to verify. Unreviewed either way.

written by Claude from model knowledge without web access - no source was read, every claim is a lead to verify

Researched by: Claude

Purpose and description

Let an agent handle the Turkish lira by code, issuer, notes and coins, redenomination and official exchange data, without investment advice.

The official currency of Turkey, ISO 4217 code TRY, issued by the Central Bank of the Republic of Turkiye and also used in the northern part of Cyprus; it was redenominated in 2005, when one new lira replaced one million old lira.

What it is for: Money, prices and payments in Turkey.

It can be find the ISO code and issuer; convert old lira amounts after redenomination; find official exchange rates with dates; identify genuine banknotes.

Distinguishing features

Currency of Turkey

Subdivided into 100 kurus

Redenominated in 2005

Floating exchange rate

What it looks like

Banknotes and coins marked in lira and kurus, with the lira sign.

How it is recognised

Lira sign and code TRY

Banknotes from the central bank

Italian and Maltese lira are former currencies

Related models

is a kind of - category

lira

is issued by - issuer

Central Bank of the Republic of Turkiye

is used in - country

Turkey

is identified by - standard

ISO 4217

In practice

Families and kinds

current Turkish lira

new Turkish lira (2005-2008 notation)

old Turkish lira before 2005

coins and banknote series

Identifiers

ISO 4217 TRY currency code

Standards and regulation

ISO 4217

Central bank law of Turkiye

Failure modes and hazards

Using outdated exchange rates

Confusing old and new lira amounts

Agents giving investment advice

Where this came from

wikidata · CC0 1.0

Drafted structure

Bundle to layer to finding to question, as the second pass will find it: 4 bundles · 8 layers · 8 findings · 16 questions.

Identify Currency facts.

Codes disambiguate.

Code

ISO code.

Code

Code and issuer.

  1. What are the ISO code, symbol and issuer of the Turkish lira? provenance
  2. How is it subdivided? definition

Where

Areas of use.

Where

Areas of use.

  1. Where is the Turkish lira used, according to official sources? provenance
  2. Are other currencies commonly accepted there? provenance
Value Exchange.

Rates change.

Rate

Exchange rate.

Rate

Exchange rate.

  1. What is the official reference rate, and for which date? provenance
  2. Which source publishes it? provenance

Advice

Limits.

Advice

Advice limits.

  1. Is the user asking whether to buy, sell or hold lira? boundary
  2. How should the agent decline investment advice? action
History Redenomination.

Amounts need conversion.

Redenomination

2005 change.

Redenomination

Redenomination.

  1. How are pre-2005 lira amounts converted to current lira? measurement
  2. Are old notes still exchangeable? provenance

Origins

History.

Origins

History.

  1. When was the Turkish lira introduced, according to historians? provenance
  2. What did it replace? provenance
Cash Notes and coins.

Genuine money matters.

Notes

Banknotes.

Notes

Banknotes.

  1. Which banknotes and coins are in circulation? provenance
  2. Which security features does the central bank describe? provenance

Travel

Using cash.

Travel

Travel use.

  1. How can travellers exchange money safely and avoid poor rates? provenance
  2. Should card payments be charged in local currency? boundary

What the second pass must settle

  • Should old and new lira be separate entries?
  • How should official rates be linked?
  • How should banknote series be recorded?