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
First Army (Turkey) First Army (Turkey) The First Army of the Republic of Turkey () is one of the four field armies of the Turkish Army. Its headquarters is located at Selimiye Barracks in Istanbul. It guards the sensitive borders of Turkey with Greece and Bulgaria, including the straits Bosporus and Dardanelles. The First Army is stationed in East Thrace. Ali İhsan Sabis is the first commander of the 1st Army, which has been operating since the Ottoman Empire. The 1st army depends on the Turkish Land Forces. The army is responsible for the Thrace region, the straits and the safety of Istanbul.