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
History of the Jews in Turkey who have been able to prove that they are descended from Jews expelled from Portugal in 1497, have emigrated to Portugal and acquired Portuguese citizenship. History of the Jews in Turkey The history of the Jews in Turkey (, Turkish Jews; "Yehudim Turkim", ) covers the 2,400 years that Jews have lived in what is now Turkey. There have been Jewish communities in Asia Minor since at least the 5th century BCE and many Spanish and Portuguese Jews expelled from Spain were welcomed into the Ottoman Empire (including regions part of modern Turkey) in the late 15th century, 20 centuries