Convert Turkish Lira to Saudi Riyal
Please provide values below to convert Turkish Lira [TRY] to Saudi Riyal [SAR], or Convert Saudi Riyal to Turkish Lira.
How to Convert Turkish Lira to Saudi Riyal
1 TRY = 10.7841866666667 SAR
Example: convert 15 TRY to SAR:
15 TRY = 15 × 10.7841866666667 SAR = 161.7628 SAR
Turkish Lira to Saudi Riyal Conversion Table
| Turkish Lira | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.