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Turkish lira

vr.tr.turkish-lira · thing-q172872

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 XCT.QTY
Bundle → Layer → Finding → QuestionsClassifiersWhat it isWhy it existsDistinguishing featuresWhat robots and AI may and may not doMoral aspectsOwnersLinks to other meta-modelsIdentity and identifiersDirect propertiesRecognitionCapabilities and actionsHazards and failure modesStandards and interfacesContext of useSources

Bundle → Layer → Finding → Questions Filled

4 bundles · 8 layers · 8 findings · 16 questions

Identify Currency facts.

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.

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.

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.

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

Classifiers Filled

Family
Thing Registry
Category
Cross-cutting context
Entry kind
thing
Plane
XCT
Domain
XCT.QTY

What it is Filled

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.

Why it exists Filled

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

Distinguishing features Filled

  • Currency of Turkey
  • Subdivided into 100 kurus
  • Redenominated in 2005
  • Floating exchange rate

What robots and AI may and may not do Filled

Must not

  • Execute currency trades or transfers on anyone's behalf.
  • Give personalized advice on buying, selling or holding the currency.
  • Produce or help pass counterfeit banknotes.
  • Mix up pre-2005 and current lira amounts in financial records.

Only with a human decision

  • Making payments or exchanges in the currency.

May

  • Report official exchange rates and currency facts from the central bank with the date.
  • Convert amounts between currencies with the rate and source stated.

Moral aspects Filled

  • High inflation erodes the savings and wages of ordinary people, hitting the poorest hardest.
  • Its use in a disputed territory touches sensitive political questions.

Who is affected

  • People who earn and save in it
  • Businesses and traders

Owners Filled

Steward

The central bank of Turkey issues it; the national treasury and regulators oversee its use.

Links to other meta-models Filled

parent

  • Q7995739 - registry parent class

related

  • lira - category
  • Central Bank of the Republic of Turkiye - issuer
  • Turkey - country
  • ISO 4217 - standard

What else AI and robots need to interact with it Filled

Identity and identifiers required Filled

  • Vercy registry: vr.tr.turkish-lira
  • Wikidata: Q172872 (https://www.wikidata.org/wiki/Q172872)
  • ISO 4217: TRY currency code

Direct properties not applicable Not applicable

Not applicable

Plane XCT: no invented physical properties.

Recognition optional Filled

  • Lira sign and code TRY
  • Banknotes from the central bank
  • Italian and Maltese lira are former currencies
  • Banknotes and coins marked in lira and kurus, with the lira sign.

Capabilities and actions required Filled

  • find the ISO code and issuer
  • convert old lira amounts after redenomination
  • find official exchange rates with dates
  • identify genuine banknotes

Hazards and failure modes required Filled

  • Using outdated exchange rates
  • Confusing old and new lira amounts
  • Agents giving investment advice

Standards and interfaces required Filled

  • ISO 4217
  • Central bank law of Turkiye

Context of use required Filled

  • Money, prices and payments in Turkey.
  • current Turkish lira
  • new Turkish lira (2005-2008 notation)
  • old Turkish lira before 2005
  • coins and banknote series

Sources Filled

  1. Wikidata item Q172872: Turkish lira - identity and sense of the item
  2. Wikipedia: Turkish lira - general description of the item

Open questions

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

Machine files

Card as JSON Specification Card backlog vercy.card/1

Provenance

thing registry research (pass 2) · unreviewed

Built from: models/things/publications/thing-q172872/spec.json