With the new minimum wage, 4 quarter gold coins can be purchased.

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The amount of minimum wage to be paid to millions of employees in 2025 has been determined. Accordingly, the minimum wage, which will be valid as of January 1, 2025, has been set at 22,104 lira.

After the announcement of the figure by the Minister of Labor and Social Security, Vedat Işıkhan, it has also been revealed how much the new minimum wage corresponds to in dollars and how many quarter gold coins can be purchased.

EQUIVALENT TO 627 DOLLARS

In Turkey, where the cost of living continues to rise, it has been determined that the amount to be paid to employees corresponds to 626.70 dollars in dollar terms, with an increase of 47 dollars.

NUMBER OF REPUBLIC AND QUARTER GOLD COINS THAT CAN BE PURCHASED HAS CHANGED

The number of Republic and quarter gold coins that can be purchased with the new minimum wage has also changed. In 2002, with a minimum wage of 184 lira, 1.6 Republic gold coins could be purchased, while this number has now dropped to 1.13. According to this calculation, exactly 1 Republic gold coin can be purchased with the minimum wage, leaving approximately 2,493 lira remaining.

4 QUARTER GOLD COINS CAN BE PURCHASED

Similarly, the number of quarter gold coins that could be purchased during the same period has decreased from 6.4 to 4.49. In this case, 4 quarter gold coins can be purchased with the minimum wage, leaving approximately 384 lira remaining.