04/11/2021: Resignation of Central Bank Governor and Lira Volatility
Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.
10/08/2018: Currency Crisis and Lira Depreciation
The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.
15/07/2016: Failed Coup Attempt and Lira Plunge
After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.
13/07/2015: Greek debt bailout agreement
A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.
02/05/2010: Greek debt crisis
Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.
15/10/2008: Global financial crisis
The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.
30/04/2008: Global Financial Crisis and Turkish Lira
The Turkish lira experiences a significant depreciation as a result of the global financial crisis.
01/01/2005: Introduction of New Turkish Lira (TRY)
Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.
01/05/2004: Eurozone expansion
10 more countries joined the Eurozone, bringing the total number of participating countries to 24.
01/01/2002: Euro banknotes and coins
Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.
01/01/1999: Introduction of the Euro
The Euro was officially introduced as an electronic currency for banking and financial transactions.
07/02/1992: The Maastricht Treaty
The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.
29/10/1930: Adoption of the New Turkish Lira
The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.
29/10/1923: Founding of the Republic of Turkey
The Turkish lira is officially established as the currency of the newly founded Turkish Republic.