Ottoman lira issued in the form of 5 and 10 para stamps affixed to card. Ottoman lira The Ottoman lira was the currency of Ottoman Empire between 1844 and 29 October 1923 . It replaced the kuruş as the principal unit of currency, with the kuruş continuing to circulate as a subdivision of the lira, with 100 kuruş = 1 lira. The para also continued to be used, with 40 para = 1 kuruş. Until the 1930s, the Arabic script was used on Turkish coins and banknotes, with پاره for para, غروش for kuruş and ليرا for lira (تورك ليراسي for "Turkish
Rise of the Ottoman Empire Turkic tribe which migrated out of Central Asia in the wake of the Mongol Conquests. As evidenced by coins minted during his reign, Osman's father was named Ertuğrul, but beyond this the details "are too mythological to be taken for granted." The origins of the Ottoman dynasty thus remain obscure, shrouded in myth and legend, and the identity of Osman's tribe and ancestors is not known for certain. Likewise, nothing is known about how Osman first established his principality ("beylik") as the sources, none of them contemporary, provide many different and conflicting origin stories. What is certain is that at