Convert Turkish Lira to Ethiopian Birr
Please provide values below to convert Turkish Lira [TRY] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Turkish Lira.
How to Convert Turkish Lira to Ethiopian Birr
1 TRY = 0.295971375291648 ETB
Example: convert 15 TRY to ETB:
15 TRY = 15 × 0.295971375291648 ETB = 4.43957062937472 ETB
Turkish Lira to Ethiopian Birr Conversion Table
Turkish Lira | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.