How many quarter gold coins can be bought with the new minimum wage?

The Minimum Wage Commission held its 4th meeting yesterday evening. The TÜRK-İŞ Board of Directors decided not to attend the meeting, which was held without any prior briefing regarding the minimum wage proposal.

Making a statement after the meeting, Minister of Labor and Social Security Vedat Işıkhan announced a 30 percent increase in the minimum wage, stating that the new minimum wage valid for 2025 will be 22 thousand 104 TL net.

HOW MANY QUARTER GOLD COINS CAN BE BOUGHT WITH THE NEW MINIMUM WAGE?

With the announced amount, the minimum wage corresponds to 627 dollars, and 4 quarter gold coins can be purchased.

Following the figure announced by Minister of Labor and Social Security Vedat Işıkhan, it has also become clear how many dollars the new minimum wage corresponds to and how many quarter gold coins can be purchased.

The announced new minimum wage amount corresponds to 628 dollars. It was determined that a 47-dollar raise was made with the 30 percent increase in the minimum wage.

The number of Republic gold coins and quarter gold coins that can be purchased with the new minimum wage has also changed.

While 1.6 Republic gold coins could be purchased with the 184 lira minimum wage in 2002, when the AKP came to power, this number has now fallen to 1.13.

According to this calculation, exactly 1 Republic gold coin can be purchased with the minimum wage, with a remaining balance of approximately 2 thousand 493 lira.

In the same period, the number for quarter gold coins also fell from 6.4 to 4.49. In this case, 4 quarter gold coins can be purchased with the minimum wage, with approximately 384 lira remaining.