Convert Turkish Lira to New Taiwan Dollar
Please provide values below to convert Turkish Lira [TRY] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Turkish Lira.
How to Convert Turkish Lira to New Taiwan Dollar
1 TRY = 1.37717350587434 TWD
Example: convert 15 TRY to TWD:
15 TRY = 15 × 1.37717350587434 TWD = 20.6576025881151 TWD
Turkish Lira to New Taiwan Dollar Conversion Table
| Turkish Lira | New Taiwan Dollar |
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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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.