Convert Turkish Lira to Libyan Dinar
Please provide values below to convert Turkish Lira [TRY] to Libyan Dinar [LYD], or Convert Libyan Dinar to Turkish Lira.
How to Convert Turkish Lira to Libyan Dinar
1 TRY = 7.45038688282977 LYD
Example: convert 15 TRY to LYD:
15 TRY = 15 × 7.45038688282977 LYD = 111.755803242447 LYD
Turkish Lira to Libyan Dinar Conversion Table
| Turkish Lira | Libyan Dinar |
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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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.