Convert Icelandic Króna to Turkish Lira
Please provide values below to convert Icelandic Króna [ISK] to Turkish Lira [TRY], or Convert Turkish Lira to Icelandic Króna.
How to Convert Icelandic Króna to Turkish Lira
1 ISK = 3.00962891344611 TRY
Example: convert 15 ISK to TRY:
15 ISK = 15 × 3.00962891344611 TRY = 45.1444337016916 TRY
Icelandic Króna to Turkish Lira Conversion Table
| Icelandic Króna | Turkish Lira |
|---|
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
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.