Kuruş

Kuruş (derived from the German Groschen; Ottoman Turkish: غروش gurûş) is a Turkish currency subunit. Since 2005, one new Turkish lira is equal to 100 kuruş. The kuruş was also the standard unit of currency in the Ottoman Empire until 1844, and from that date until the late 1970s was a subdivision of the former lira. It was subdivided into 40 para (پاره), each of 3 akçe. In European languages, the kuruş was often referred to as the piastre, derived from the Italian word piastra.

Coinage

Current Turkish 50 kuruş coin

The kuruş was introduced in 1688. It was initially a large, silver coin, approximately equal to the French écu, or, from other sources, to the Spanish dollar. However, during the 18th and early 19th centuries, debasement reduced the kuruş to a billon coin weighing less than 3 grams.

At the beginning of the 19th century, silver coins were in circulation for 1 akçe, 1, 5, 10 and 20 para, 1, 2 and 2½ kuruş, together with gold coins denominated in zeri mahbub and altin. As the silver coins were debased, other denominations appeared: 30 para, 1½, 3, 5 and 6 kuruş. The final coinage issued before the currency reform consisted of billon 1, 10 and 20 para, and silver 1½, 3 and 6 kuruş.

In 1844, the Turkish gold lira was introduced as the new standard denomination. It was divided into 100 kuruş and the kuruş continued to circulate until the 1970s.

Kuruş eventually became obsolete due to the chronic inflation in Turkey in the late 1970s. A currency reform on 1 January 2005, provided its return as the 1/100th of the new lira.

Cyprus

The kuruş was also used in Cyprus when the latter was ruled by the Ottoman Empire. It was called grosi (γρόσι, plural γρόσια, grosia) by the Greeks. When Cyprus passed to British control, the Cyprus Pound (now replaced by the euro) became the currency of the island divided into 20 shillings and each shilling into 9 kuruş / γρόσια / piastres. When later the pound was decimalized into 1000 mils, the people of Cyprus continued calling the 5 mils coin γρόσι / kuruş.

References

• Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed. ed.). Krause Publications. ISBN 0873411501. 

See also

• Qirsh
• Ottoman Lira

External links

• http://www.osmanlimedeniyeti.com Articles about Ottoman coins (Turkish)
• http://www.osmanliparalari.com Everything about Ottoman coins (Turkish) / (English)

This Ottoman Empire-related article is a stub. You can help Wikipedia by expanding it.v · Categories: Currencies of Europe Coins of Turkey Currencies of Asia Turkish words and phrases Modern obsolete currencies Economy of the Ottoman Empire Economy of Turkey Currency unit stubs Ottoman Empire stubs Wikimedia Foundation. 2010. Игры ⚽ Нужно сделать НИР? Michelle Meyrink Turkish new lira Look at other dictionaries: Kuruş —   [ku ruʃ] der, / , ursprünglich türkischer Name des Groschens, seit 1933 Währungseinheit in der Türkei, 100 Kuruş = 1 Türkische Lira. * * * Ku|rụş [...ʊʃ], der; , [türk. kuruş, älter: ghrush, nach ital. grosso, dt. Groschen]: Untereinheit der… …   Universal-Lexikon Kurus — may refer to:*Kuruş, the Turkish currency *Kuru (kingdom), the Indian kingdom …   Wikipedia kuruş — [koo ro͞osh′] n. pl. kuruş [Turk] a monetary unit of Turkey equivalent to 1/ 100 of a lira …   English World dictionary Kurus — Kurus, berühmte Herrscherfamilie in Nordwestindien (Brahmarschi), welche zwei andern Familien, den Zadus u. Pandus, feindlich gegenüber standen. In Bramarschi herrschte nämlich zuerst Dschudschad, Erbauer der Hauptstadt Hasinapur. Er enterbte… …   Pierer's Universal-Lexikon Kurus — Lira Land: Republik Türkei • Türkische Republik Nordzypern Unterteilung: 100 Kuruş ISO 4217 Code: TRY …   Deutsch Wikipedia Kuruş — Lira Land: Republik Türkei • Türkische Republik Nordzypern Unterteilung: 100 Kuruş ISO 4217 Code: TRY …   Deutsch Wikipedia Kuruş — Livre turque Pour les articles homonymes, voir Livre. Unité monétaire moderne actuelle livre turque …   Wikipédia en Français Kuruş — El kuruş es una subunidad monetaria turca, que equivale a la centésima parte de una lira turca. A su vez, el kuruş se subdivide en 40 para. En el Imperio otomano, el kuruş (o piastra) era la unidad monetaria estándar. Al principio era una gran… …   Wikipedia Español Kurus — El kurus es una subunidad monetaria turca, que equivale a la centésima parte de una lira turca. A su vez, el kurus se subdivide en 40 para. En el Imperio Otomano, el kurus (o piastra) era la unidad monetaria estándar. Al principio era una gran… …   Enciclopedia Universal kuruş — 1. Kurma işi veya biçimi Üniversiteyi kuruş yeni Türkiye nin ilim inkılabının tekâmülüdür. E. İ. Benice 2. is., Alm. Groschen Liranın yüzde biri değerinde Türk parası Kırmızı meşin üzerine yaldızlı en iyi cildi beş kuruşa yapardı. H. C. Yalçın… …   Çağatay Osmanlı Sözlük 18+ © Academic, 2000-2024 Contact us: Technical Support, Advertising Dictionaries export, created on PHP, Joomla, Drupal, WordPress, MODx. Mark and share Search through all dictionaries Translate… Search Internet Share the article and excerpts Direct link … Do a right-click on the link above and select “Copy Link”