New TRY 50 and TRY 5 banknotes: Are old notes still valid, and what changed?
The CBRT put the ninth-version TRY 50 note and eighth-version TRY 5 note into circulation on September 11, 2026. There is no new denomination or redesign: only the signatures changed, and earlier versions continue to circulate alongside them.
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Three critical developments
- The ninth-version TRY 50 and eighth-version TRY 5 notes entered circulation on September 11, 2026.
- The new TRY 50 carries the signatures of Fatih Karahan and Gazi İshak Kara; the new TRY 5 carries those of Fatih Karahan and Fatma Özkul.
- Dimensions, front and back compositions, general features and appearance are unchanged; earlier versions remain in circulation.
New TRY 50 and TRY 5 comparison matrix
The physical and administrative details published by the CBRT for the two new versions.
| Feature | TRY 50 · ninth version | TRY 5 · eighth version | Versus the prior version |
|---|---|---|---|
| Issue date | September 11, 2026 | September 11, 2026 | Concurrent circulation |
| Signatures | Fatih Karahan · Gazi İshak Kara | Fatih Karahan · Fatma Özkul | Only changed element |
| Dimensions | 68 × 148 mm | 64 × 130 mm | Unchanged |
| Dominant color | Orange | Violet | Unchanged |
| Front / reverse | Atatürk / Fatma Aliye | Atatürk / Aydın Sayılı | Same compositions |
QUICK ANSWER · Are old TRY 50 and TRY 5 notes still valid?
Yes. The CBRT explicitly says the new versions will circulate concurrently with earlier TRY 50 and TRY 5 notes. Its release contains no requirement to exchange old notes, no recall and no date after which they stop circulating. A different signature does not change the value of the notes already in your wallet.
Is this a new denomination or redesign?
No. A TRY 50 note remains TRY 50 and a TRY 5 note remains TRY 5. The CBRT says the new notes are identical to earlier versions in dimensions, front and reverse compositions, general features and appearance. This is not a new face value, currency reform or banknote redesign; it is the issue of new production versions within the existing E9 series.
Which signatures and dimensions appear?
The ninth-version TRY 50 note carries the signatures of CBRT Governor Fatih Karahan and Deputy Governor Gazi İshak Kara and measures 68 × 148 millimeters. The eighth-version TRY 5 note carries those of Fatih Karahan and Deputy Governor Fatma Özkul and measures 64 × 130 millimeters. The CBRT records September 11, 2026 as the issue date for both.
What does a new banknote version mean?
A version distinguishes production issues within the same emission group and denomination. New printings may receive a new version number when officials' signatures change. The version number does not by itself change purchasing power, face value or the validity of an earlier issue. Headlines calling these 'new money' are therefore incomplete if they imply a redesign or value change.
Can old and new notes be used in the same payment?
The CBRT's concurrent-circulation statement means old and new versions of the TRY 50 and TRY 5 notes can appear in the same cash payment. For example, TRY 100,000 made entirely of earlier-version notes has the same nominal total as TRY 100,000 made from mixed versions. There is no official exchange fee, discount or premium tied to the version difference.
SECURITY · What should you check on a banknote?
The signature identifies the version but is not sufficient by itself for counterfeit checking. The CBRT lists a holographic stripe, embedded security thread, watermark, see-through image, intaglio printing, iridescent stripe, microlettering and ultraviolet features. Use light, touch and tilt checks together and follow the relevant authorities' guidance if a note is suspicious.
WHAT DOES THIS MEAN FOR MY MONEY?
You do not need to exchange older TRY 50 or TRY 5 notes merely because a new version was issued. Their nominal value, design and official security features remain in place. In practice, do not treat a signature difference as a value difference, and do not rely on signatures alone when checking authenticity; use the CBRT's multiple security features.
Calculation notes
The CBRT release confirms the changed element, the signatures and concurrent circulation. It does not disclose how many new notes were printed, how quickly they will reach banks and ATMs or when earlier versions might be withdrawn. It would therefore be unsupported to claim that a particular ATM will carry them or that an old-version deadline exists.
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