Convert New Taiwan Dollar to Turkish Lira
Please provide values below to convert New Taiwan Dollar [TWD] to Turkish Lira [TRY], or Convert Turkish Lira to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Turkish Lira
1 TWD = 0.726124918708133 TRY
Example: convert 15 TWD to TRY:
15 TWD = 15 × 0.726124918708133 TRY = 10.891873780622 TRY
New Taiwan Dollar to Turkish Lira Conversion Table
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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.
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.