Symbolic?: New lira insignia has a familiar face

Symbolic?: New lira insignia has a familiar face


Turkish Lira (left) and Armenian Dram symbols

When Turkey announced a competition to create a symbol for its currency – the lira – last fall, the tender drew 8,362 entries.


The result of the contest was announced yesterday and what it produced was, at least by some viewpoints, a symbol remarkably close to that of the Armenian dram, sort of.

The new symbol, according to Deputy Prime Minister Ali Babacan, looks like an anchor, to indicate a secured financial environment, and it has lines running through it pointing upward, to indicate an economy rising.

Or: Like an upside down dram symbol with sharper edges. You decide.