Ottoman lira 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 lira"). In European languages, the kuruş was known as the piastre, whilst the
Roman currency economic need, but they wanted to emulate Greek culture; they considered the institution of minted money a significant feature of that culture. However, Roman coinage initially saw very limited use. The type of money introduced by Rome was unlike that found elsewhere in the ancient Mediterranean. It combined a number of uncommon elements. One example is the large bronze bullion, the ' (Latin for "struck bronze"). It measured about and weighed around , being made out of a highly leaded tin bronze. Although similar metal currency bars had been produced in Italy and northern Etruscan areas, these had been made