Convert Turkish Lira to Peruvian Nuevo Sol
Please provide values below to convert Turkish Lira [TRY] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Turkish Lira.
How to Convert Turkish Lira to Peruvian Nuevo Sol
1 TRY = 11.3670910981814 PEN
Example: convert 15 TRY to PEN:
15 TRY = 15 × 11.3670910981814 PEN = 170.506366472721 PEN
Turkish Lira to Peruvian Nuevo Sol Conversion Table
| Turkish Lira | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.