Convert Turkish Lira to Angolan Kwanza
Please provide values below to convert Turkish Lira [TRY] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Turkish Lira.
How to Convert Turkish Lira to Angolan Kwanza
1 TRY = 0.0439811758605382 AOA
Example: convert 15 TRY to AOA:
15 TRY = 15 × 0.0439811758605382 AOA = 0.659717637908072 AOA
Turkish Lira to Angolan Kwanza Conversion Table
Turkish Lira | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.