Convert Swiss Franc to Turkish Lira
Please provide values below to convert Swiss Franc [CHF] to Turkish Lira [TRY], or Convert Turkish Lira to Swiss Franc.
How to Convert Swiss Franc to Turkish Lira
1 CHF = 0.0196559406736283 TRY
Example: convert 15 CHF to TRY:
15 CHF = 15 × 0.0196559406736283 TRY = 0.294839110104425 TRY
Swiss Franc to Turkish Lira Conversion Table
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.