Convert New Zealand Dollar to Turkish Lira
Please provide values below to convert New Zealand Dollar [NZD] to Turkish Lira [TRY], or Convert Turkish Lira to New Zealand Dollar.
How to Convert New Zealand Dollar to Turkish Lira
1 NZD = 0.0412703044210412 TRY
Example: convert 15 NZD to TRY:
15 NZD = 15 × 0.0412703044210412 TRY = 0.619054566315618 TRY
New Zealand Dollar to Turkish Lira Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.