Convert Canadian Dollar to Turkish Lira
Please provide values below to convert Canadian Dollar [CAD] to Turkish Lira [TRY], or Convert Turkish Lira to Canadian Dollar.
How to Convert Canadian Dollar to Turkish Lira
1 CAD = 0.0336913060357511 TRY
Example: convert 15 CAD to TRY:
15 CAD = 15 × 0.0336913060357511 TRY = 0.505369590536267 TRY
Canadian Dollar to Turkish Lira Conversion Table
| Canadian Dollar | Turkish Lira |
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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.
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.