Convert Chinese Yuan to Turkish Lira
Please provide values below to convert Chinese Yuan [CNY] to Turkish Lira [TRY], or Convert Turkish Lira to Chinese Yuan.
How to Convert Chinese Yuan to Turkish Lira
1 CNY = 0.177393071831101 TRY
Example: convert 15 CNY to TRY:
15 CNY = 15 × 0.177393071831101 TRY = 2.66089607746651 TRY
Chinese Yuan to Turkish Lira Conversion Table
| Chinese Yuan | Turkish Lira |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.