On January 1, 2005, Turkey adopted the New Turkish Lira (Yeni Türk Liras or YTL, currency code TRY), at a rate of 1 new lira to 1,000,000 old lira. 1 New Turkish Lira is divided into 100 new kuru?es (yeni kurui), which is abbreviated by ykr or simply kr.

Banknote nominations are in 1, 5, 10, 20, 50 and 100 liras, whereas coin nominations are in 1, 5, 10, 25, 50 kuru?es and 1 lira.

Credit cards and ATMs - Visa and Mastercard are widely accepted, American Express much less so. ATMs are scattered throughout the cities, concentrated in central parts. It is possible to draw Turkish Lira (and rarely foreign currency) from these ATMs with your foreign card. Any major town has at least one ATM.