Convert Turkish Lira to Armenian Dram
Please provide values below to convert Turkish Lira [TRY] to Armenian Dram [AMD], or Convert Armenian Dram to Turkish Lira.
How to Convert Turkish Lira to Armenian Dram
1 TRY = 0.10529978935199 AMD
Example: convert 15 TRY to AMD:
15 TRY = 15 × 0.10529978935199 AMD = 1.57949684027986 AMD
Turkish Lira to Armenian Dram Conversion Table
| Turkish Lira | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.