The Türk lirası is the official currency of Turkey. It is abbreviated as TRY and is symbolized by the sign "₺". The lira has undergone several changes and revaluations throughout its history, with the current version being introduced in 2005 to replace the old lira, which had suffered from hyperinflation. The Central Bank of the Republic of Turkey is responsible for issuing and regulating the Türk lirası. The currency is available in various denominations, including coins and banknotes, which feature important figures and landmarks from Turkish history and culture.