Convert Turkish Lira to Mozambican Metical
Please provide values below to convert Turkish Lira [TRY] to Mozambican Metical [MZN], or Convert Mozambican Metical to Turkish Lira.
How to Convert Turkish Lira to Mozambican Metical
1 TRY = 0.635637190104727 MZN
Example: convert 15 TRY to MZN:
15 TRY = 15 × 0.635637190104727 MZN = 9.53455785157091 MZN
Turkish Lira to Mozambican Metical Conversion Table
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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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.