These were the last notes printed with both French and Turkish (in the Arabic script) texts on them.
Between 1937 and 1939, the Central Bank of Turkey introduced new notes with Turkish texts in the Latin alphabet, again depicting Atatürk.
The higher values of the "E7 Emission Group" banknotes (1992 TL 250,000 and later and higher value notes) were exchangeable for new lira at a rate of TL 1,000,000 to ₺1 at branches of the Central Bank of the Republic of Turkey until 31 December 2015, after which time they became worthless.
All notes depict Mustafa Kemal Atatürk from different points of his life and images of various historical and otherwise important buildings and places in Turkey.
[4] The main specificity of this new series is that each denomination depicts a famous Turkish personality, rather than geographical sites and architectural features of Turkey.