Convert Macanese Pataca to Turkish Lira
Please provide values below to convert Macanese Pataca [MOP] to Turkish Lira [TRY], or Convert Turkish Lira to Macanese Pataca.
How to Convert Macanese Pataca to Turkish Lira
1 MOP = 0.19993719198728 TRY
Example: convert 15 MOP to TRY:
15 MOP = 15 × 0.19993719198728 TRY = 2.9990578798092 TRY
Macanese Pataca to Turkish Lira Conversion Table
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.
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.