Convert Turkish Lira to Nigerian Naira
Please provide values below to convert Turkish Lira [TRY] to Nigerian Naira [NGN], or Convert Nigerian Naira to Turkish Lira.
How to Convert Turkish Lira to Nigerian Naira
1 TRY = 0.0264196925477831 NGN
Example: convert 15 TRY to NGN:
15 TRY = 15 × 0.0264196925477831 NGN = 0.396295388216747 NGN
Turkish Lira to Nigerian Naira Conversion Table
| Turkish Lira | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.