Convert Azerbaijani Manat to Turkish Lira
Please provide values below to convert Azerbaijani Manat [AZN] to Turkish Lira [TRY], or Convert Turkish Lira to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Turkish Lira
1 AZN = 0.0420492226890237 TRY
Example: convert 15 AZN to TRY:
15 AZN = 15 × 0.0420492226890237 TRY = 0.630738340335355 TRY
Azerbaijani Manat to Turkish Lira Conversion Table
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Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
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.