Accretion also abounds as another mode of acquiring a territory under the traditional international law. Notably, accretion involves the effect of natural forces such as volcanism. For instance, in cases where natural activities such as volcanism takes place and volcanic islands emerge in a stateâs territorial waters, it would have the right to acquire territory.
1 Three modern Greek currencies, the first introduced in 1832 and the last replaced by the euro in 2001 (at the rate of 340.750 drachma to the euro).
ISTANBUL HOSTELS. Currency in Istanbul. The new Turkish lira is the current currency of Turkey and of the de facto state Turkish Republic of Northern Cyprus.Introduced on 1 January 2005, it is equivalent to 1,000,000 Turkish old lira (which remained valid in circulation until the end of 2005) and divided into 100 new kuruÅ.he new Turkish lira is the current currency of Turkey and of the de facto state Turkish Republic of Northern Cyprus.