Value of 1983 Turkish Lira today

₺100 in 1983
₺50,034,432.55 in 2026

The cumulative inflation rate in Turkey between 1983 and today has been 50,034,332.55%, meaning that prices are 500,344.3 times higher than they were in 1983. In practical terms, the purchasing power of ₺100 in 1983 is equivalent to ₺50,034,432.55 in today's lira. The average annual inflation rate over this period has been 35.69%.

Inflation timeline in Turkey (1983 - 2026)

The chart below shows how the value of ₺100 changes over time when adjusted for inflation, based on Consumer Price Index (CPI) data. All values are equivalent in terms of purchasing power, indicating how much money would be needed each year to buy the same goods or services.

All calculations are performed in Turkish lira with six-decimal precision, though displayed values are rounded to two decimals for readability. Inflation figures are sourced from official government and international reports released monthly. To convert historical amounts into today's lira, we use the most recent CPI data available and extrapolate it to estimate the CPI for today.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1983-2025 44,240,431.57%
Cumulative inflation 1983-today 50,034,332.55%
Avg. Annual inflation 1983-2025 36.28%
CPI 1983 0
CPI 2025 1,221.57
CPI 2025-12 (latest official data) 1,348.45
CPI today 1,381.55

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1983 and 2025, use the corresponding CPI values:

Value2025
=Value1983 ×
CPI2025/CPI1983
=₺ 100 ×
1,221.57/0.003
₺44,240,531.57

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 1,381.55:

Valuetoday
=Value1983 ×
CPItoday/CPI1983
=₺ 100 ×
1,381.55/0.003
₺50,034,432.55

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are ₺100 worth today. There are 42 years between 1983 and 2025 and the average inflation rate was 36.2775%. Therefore, we can resolve the formula like this:

Value2025
=PV × (1 + i)n
=₺100 × (1 + 0.362775)42
₺44,240,531.57

Turkey inflation - Conversion table

Initial Value Equivalent value
₺1 lira in 1983 ₺442,405.32 lira in 2025
₺5 lira in 1983 ₺2,212,026.58 lira in 2025
₺10 lira in 1983 ₺4,424,053.16 lira in 2025
₺50 lira in 1983 ₺22,120,265.78 lira in 2025
₺100 lira in 1983 ₺44,240,531.57 lira in 2025
₺500 lira in 1983 ₺221,202,657.83 lira in 2025
₺1,000 lira in 1983 ₺442,405,315.66 lira in 2025
₺5,000 lira in 1983 ₺2,212,026,578.29 lira in 2025
₺10,000 lira in 1983 ₺4,424,053,156.58 lira in 2025
₺50,000 lira in 1983 ₺22,120,265,782.9 lira in 2025
₺100,000 lira in 1983 ₺44,240,531,565.79 lira in 2025
₺500,000 lira in 1983 ₺221,202,657,828.97 lira in 2025
₺1,000,000 lira in 1983 ₺442,405,315,657.93 lira in 2025
Cumulative inflation From 1983 50,034,332.55%
Avg. annual inflation From 1983 35.69%
CPI 1983 0.003
CPI today 1,381.55

Value of Lira over time (by year)

Period Value
1983 100
1984 148.39
1985 215.11
1986 289.56
1987 402.07
1988 678.74
1989 1,108.2
1990 1,776.48
1991 2,948.58
1992 5,014.83
1993 8,329.32
1994 17,093.03
1995 32,325.19
1996 58,318.57
1997 108,279.69
1998 199,929.09
1999 329,618.09
2000 510,629.25
2001 788,412.36
2002 1,142,914.99
2003 1,389,812.26
2004 1,509,312.07
2005 1,632,761.25
2006 1,789,461.18
2007 1,946,149.52
2008 2,149,408.17
2009 2,283,767.1
2010 2,479,404.8
2011 2,639,868.67
2012 2,874,594.79
2013 3,089,990.55
2014 3,363,596.13
2015 3,621,612.48
2016 3,903,196.47
2017 4,338,181.1
2018 5,046,713.37
2019 5,812,644.57
2020 6,526,377.47
2021 7,805,317.32
2022 13,449,252.7
2023 20,692,941.22
2024 32,799,647.69
2025 44,240,531.57
2025-12 48,835,778.34
Today 50,034,432.55

All available years

Today's value of Turkish lira by year:

1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |

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