Convert Saudi Riyal to Turkish Lira
Please provide values below to convert Saudi Riyal [SAR] to Turkish Lira [TRY], or Convert Turkish Lira to Saudi Riyal.
How to Convert Saudi Riyal to Turkish Lira
1 SAR = 0.0927283652360122 TRY
Example: convert 15 SAR to TRY:
15 SAR = 15 × 0.0927283652360122 TRY = 1.39092547854018 TRY
Saudi Riyal to Turkish Lira Conversion Table
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.