Examining the value of money in turkey over the long term
(1469-2009)

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Examining the value of money in turkey over the long term (1469-2009)

This paper aims to examine the tremendous loss of value of money over the long term during the Ottoman Empire and the Republic of Turkey between 1469-2009. By 1844, 1.1 Ottoman lira exchanged for one English pound, but in 2005, 1.5 million Turkish lira exchanged for one U.S. dollar. By critically...

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Bibliographic Details
Main Author:	Abdullah, Adam
Format:	Article
Language:	English
Published:	Canadian Center of Science and Education 2013
Subjects:	HB Economic Theory
Online Access:	http://irep.iium.edu.my/44665/ http://irep.iium.edu.my/44665/1/Abdullah%2C_13-12%2C_Turkey.pdf

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