Convert Czech Republic Koruna to Turkish Lira
Please provide values below to convert Czech Republic Koruna [CZK] to Turkish Lira [TRY], or Convert Turkish Lira to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Turkish Lira
1 CZK = 0.51920466262948 TRY
Example: convert 15 CZK to TRY:
15 CZK = 15 × 0.51920466262948 TRY = 7.7880699394422 TRY
Czech Republic Koruna to Turkish Lira Conversion Table
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Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
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.