Turkish new lira. According to the knowledge finance network, the common currency of Turkey is the Turkish new lira, which has been used since 1844. It is the official currency of Turkey and the only legal currency in circulation throughout the country. The currency symbol of lira is TRY, which is the official currency of Turkey and a trading tool in international trade at home and abroad. Turkish lira has two circulation forms: coins and paper money, which is convenient for people to use.