Convert Turkish Lira to Canadian Dollar
Please provide values below to convert Turkish Lira [TRY] to Canadian Dollar [CAD], or Convert Canadian Dollar to Turkish Lira.
How to Convert Turkish Lira to Canadian Dollar
1 TRY = 29.681247706422 CAD
Example: convert 15 TRY to CAD:
15 TRY = 15 × 29.681247706422 CAD = 445.21871559633 CAD
Turkish Lira to Canadian Dollar Conversion Table
| Turkish Lira | Canadian Dollar |
|---|
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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.