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