Abdul-Mezdsid was born in 1823 II. As the son of Mahmud. After his father's death, he ascended the throne in 1839, where he ruled until his death. In 1839, he published the Gülháne constitution, with which he tried to make his people happy and hoped to strengthen his throne. The constitution was published and promulgated, but it was of no use. In 1856, he issued further decrees. This time the hatti-humájunt, according to which the subjects must be divided into three groups. He died in 1861. He was succeeded by his son Abdul-Aziz.

Sultan Abdul-Mejid I ruled the Ottoman Empire from 1839 to 1861. During his reign, he introduced many reforms, one of which was the reform of the financial system. In 1844, the Sultan introduced the new gold-based monetary system, which replaced the previous silver-based system. The new system was called _kuruş_ and was divided into 100 paras. The introduction of the new monetary system had many advantages. He stabilized the imperial economy and contributed to the development of trade. In addition, the new monetary system seemed more modern and advanced than the previous system.I. Sultan Abdul-Mejid's coinage changed significantly with the introduction of the new monetary system. The new coins had a more modern design and depicted the portrait of the new ruler. Among the coins minted during the sultan's reign, the most commonly used were 1, 2, 5, 10, 20, 50 and 100 kurus. The introduction of the new monetary system was an important step in for the modernization of the Ottoman Empire. The Sultan's reforms contributed to the development of the imperial economy and helped strengthen the empire's position on the international stage.