Abdul-Mezdsid was born in 1823 as the son of Mahmud II. After the death of his father, in 1839, he ascended to the throne, where he ruled until his death. In 1839, he issued the Gulhane Constitution, with which he tried to make his people happy and hoped to strengthen his throne. The constitution was published and proclaimed, but it was of no use. In 1856, he issued further decrees. This time, the Hatti-Humayun, according to which the subjects were to be divided into three groups. He died in 1861. His son, Abdul-Aziz, became his successor.

Sultan Abdul-Mecid I ruled the Ottoman Empire from 1839 to 1861. During his reign, he introduced a number of reforms, one of which was the reform of the financial system. The sultan introduced a new, gold-based monetary system in 1844, replacing the previous silver-based system. The new system was called _kuruş_ and was divided into 100 para. The introduction of the new monetary system had several advantages. It stabilized the imperial economy and contributed to the development of trade. In addition, the new monetary system appeared to be more modern and advanced than the previous system. The coinage of Sultan Abdul-Mecid I changed significantly with the introduction of the new monetary system. The new coins were of a more modern design and featured the portrait of the new ruler. The most commonly used coins minted during the Sultan's reign were 1, 2, 5, 10, 20, 50 and 100 kurus. The introduction of the new monetary system was an important step in 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.