Convert Libyan Dinar to Turkish Lira
Please provide values below to convert Libyan Dinar [LYD] to Turkish Lira [TRY], or Convert Turkish Lira to Libyan Dinar.
How to Convert Libyan Dinar to Turkish Lira
1 LYD = 0.13422121773362 TRY
Example: convert 15 LYD to TRY:
15 LYD = 15 × 0.13422121773362 TRY = 2.0133182660043 TRY
Libyan Dinar to Turkish Lira Conversion Table
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Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.
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.