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The official currency of Turkey is the Turkish Lira (TL), managed by the Central Bank of the Republic of Turkey, and is crucial for daily transactions. Travelers can obtain Turkish Lira through local banks, which offer better exchange rates than airports or hotels. The official currency in Turkey is the Turkish lira , usually abbreviated as TRY or just TL and is generally the best currency to use, however other currencies may accepted in certain larger resorts and cities. The common currency of Turkey is the Turkish lira (TRY), a central part of the financial system with a complex history. Throughout this guide, we will explore the history of the currency, its current form and denominations, and some practical tips for its usage in your travels. The Turkish Lira (TRY) is the official currency of Turkey. It’s been the country’s currency since 1922, evolving through various designs and denominations over the decades. The symbol for the Turkish Lira is ₺, a stylized representation of the Lira’s initial “L” incorporating a vertical stroke.