Once upon a time, 200 TL banknotes were very rare in our hands, and we often had to go from shop to shop to exchange them. However, now 35.2% of all banknotes are 200 TL.
We continue to experience the effects of inflation in almost every field; We may have to allocate serious budgets for our technological needs, especially food and textile products. One of the most important indicators of this is that we used to be able to buy more things in return. number of valuable banknotes increase.
200 TL banknotes entered into circulation on January 1, 2009; It was the symbol of the transition from the New Turkish Lira (YTL) period, when 6 zeros were removed from our currency, to the Turkish Lira (₺) period. 200 TL denominations were rare in circulation when they were first released, perhaps even until the mid-2010s. 4-5 of them are equivalent to a minimum wage They were banknotes.
The share of 200 TL in circulation increased to 35.2%. This means that 1 in every 3 banknotes in our pocket is now 200 TL:
Economist Şenol Babuşçu (X)
By Economist Şenol Babuşçu This table shared on X and the graph shows that during the 22-month period from December 2022 to October 2023, there was a significant increase in the rate of only 200 TL banknotes. There is an increase in the rate of 10 TL banknotes from 10.7% to 11.3%, that is, 0.6%. This may be due to the fact that you are now required to pay 10 TL even for a 0.5 liter bottle of water, except at exceptional sales points.
However, coins categorized as “Other” are no longer as common as they used to be. It is also noticeable that there is a critical decrease in 50 TL and 100 TL banknotes. While the rate of 100 TL banknotes was 38.9% in December 2020, it has decreased to 28.1% today.