Turkish lira was running 8068 per US dollar in 1992. Italian lira was 1300 per US dollar the following week. I suspect Turkish lira are worth even less than Italian lira today.
I haven't bothered to check exchange rates in a very long time. I visited Rome, Italy the first week of March 2005. The Euro was running around $1.30 per USD. It was an expensive visit.
This was an old joke when I lived in Italy during the late 60s.