Convert Mexican Peso to Turkish Lira
Please provide values below to convert Mexican Peso [MXN] to Turkish Lira [TRY], or Convert Turkish Lira to Mexican Peso.
How to Convert Mexican Peso to Turkish Lira
1 MXN = 0.461025649902203 TRY
Example: convert 15 MXN to TRY:
15 MXN = 15 × 0.461025649902203 TRY = 6.91538474853304 TRY
Mexican Peso to Turkish Lira Conversion Table
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.