Piastre (Noun)
Meaning 1
100 kurus equal 1 lira in Turkey.
Classification
Nouns denoting quantities and units of measure.
Examples
- A single piastre in Ottoman currency was equal to about 5 paras, a very small denomination.
- Although one lira is technically 100 piastres in Ottoman-Turkish system it has fallen out of everyday usage.
- When lira became currency, a single piastre had equivalent of five kurus which used for many smaller items in local stores.
- When dealing with such amounts a kurus sometimes expressed as subdivisions of piastres since old usage didn't go out quickly.
- With no Turkish usage and subdivision currency also reduced for small coin kurus after kurus replacement it showed change also lira equivalence or divisions usage changes one kurus represented sometimes former lira to old ottoman equivalent the tenth old subdivisions equivalent Turkish as to some used value terms was ten in an also not replaced equal an another usage replaced then reduced is division so its actual has made by made less.
Synonyms
Hypernyms
Meaning 2
A fractional monetary unit in Egypt and Lebanon and Sudan and Syria.
Classification
Nouns denoting quantities and units of measure.
Examples
- The old man rummaged through his pocket and found a few piastres to buy some bread from the local bakery in Cairo.
- In Lebanon, the piastre was the official subdivision of the Lebanese pound until it was phased out due to inflation.
- During her trip to Sudan, she struggled to understand the local currency and often found herself converting prices from pounds to piastres.
- The Syrian merchant demanded a few extra piastres for the handmade craft, claiming it was a rare piece.
- After the economic crisis, the value of the piastre in Egypt plummeted, making it nearly worthless in international trade.