The now old New Turkish lira banknotes are set to be withdrawn from circulation as of Friday, January 1, 2010, they will be replaced with Turkish lira and kurus again.

Turkey switched to the New Turkish lira on January 1, 2005, as part of drive to reduce inflation in the country, which has dropped six zeros from their banknotes.

The New Turkish lira banknotes will be redeemed for a period of ten years starting from January 1, 2010 till December 31, 2019 at the branches of the Central Bank of the Republic of Turkey.

The New Turkish lira banknotes will be worthless as of January 1, 2020.

AA