Debasement the intrinsic value of the coinage and so more coins can be made with the same quantity of precious metal. If done too frequently, debasement may lead to a new coin being adopted as a standard currency, as when the Ottoman Akçe was replaced by the kuruş (1 kuru = 120 akçe), with the para (1/40 kuruş) as a subunit. The kuruş in turn later became a subdivision of the lira. Debasement Debasement is the practice of lowering the value of currency. It is particularly used in connection with commodity money such as gold or silver coins. A coin is
Georgians in Turkey Georgians in Turkey Georgians in Turkey () refers to citizens and denizens of Turkey who are, or descend from, ethnic Georgians who originate in Georgia. Chveneburi had arrived in Turkey basically in three waves of migration due to pogroms and what is now termed ethnic cleansing of Caucasians by the Russian Empire. The first wave was during and after the Russo-Turkish War, 1828-1829 when the Sublime Porte consigned its sovereignty over several parts of Georgia to the Russian Empire. Minor immigrations had also followed until the end of Russo-Turkish War, 1877–1878 when Ottoman Empire allowed Chveneburi to immigrate, the major