Register - Log In


FunTrivia Homepage


  • New Questions

  • Unanswered


  • Post a Question

    • Goto Qn #




    Archives

    Why is the Turkish Lira being phased out?

    Question #54406. Asked by Flynn_17. (Jan 24 05 5:04 PM)


    TabbyTom

    		Because it has become utterly worthless.

    By the beginning of this year, the lira was trading at more than 2,000,000 to the pound sterling. It has been replaced by the new lira, which is worth 1,000,000 old liras. So a new lira is worth about 40p sterling or 75¢ in the US. The old lira remains legal tender till the end of 2005.

    Google on “turkish lira” +million for fuller details.

    The French did a similar trick with the franc back in the late fifties.


    Jan 24 05, 5:36 PM

    Find something useful here? Please help us spread the word about FunTrivia. Recommend this page below!


    Sign up to see all responses!

    Create a Free ID instantly to see all recent responses, post your own follow-ups or questions, and access over 1,000,000 trivia questions!

    Choose a User Name:
    Your Email Address:
    Choose a Password:

    I agree by the terms outlined in FunTrivia's Conditions of Use




    Other Similar Questions & Answers


    Near which now Turkish town is Jesus' Mother believed to have spent the last years of her life, and what is the Turkish name for the house where she lived?

    What fuel additive, which in the past was used to raise gasoline's (petrol's) octane rating, was phased out in the US over 20 years ago?

    What is Turkish Delight?

    Suggested Related FunTrivia Quizzes - 90,000 currently online

    1 Being There
    A quiz about another of my favorite movies: "Being There". Warning: There are some spoilers if you haven't seen the movie.
    		Be - Bi Movies Average
    10 Q
    A-10
    Dec 23 09
    123 plays
    2 In and Out
    A quiz about the hilarious movie starring Kevin Kline, Tom Selleck, and Joan Cusack. This should be simple if you have seen the movie as many times as I have.
    		In & Out Average
    20 Q
    ressas
    Jan 08 02
    1782 plays
    3 "Out"
    "Dark Angel" season 1 episode 8.
    		Dark Angel: Season One Average
    15 Q
    bilig
    Nov 26 03
    279 plays




    "Ask FunTrivia" is for entertainment purposes only, and answers offered are unverified and unchecked by FunTrivia. We cannot guarantee the accuracy or veracity of ANY statement posted. Feel free to post an updated response if you feel that an answer is inadequate or incorrect. Please thoroughly research items where accuracy is important to you using multiple reliable sources. By accessing our website, you agree to be bound by our terms of service.