Convert Aruban Florin to Turkish Lira
Please provide values below to convert Aruban Florin [AWG] to Turkish Lira [TRY], or Convert Turkish Lira to Aruban Florin.
How to Convert Aruban Florin to Turkish Lira
1 AWG = 0.0442623396726565 TRY
Example: convert 15 AWG to TRY:
15 AWG = 15 × 0.0442623396726565 TRY = 0.663935095089848 TRY
Aruban Florin to Turkish Lira Conversion Table
Aruban Florin | Turkish Lira |
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Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.