Convert Uruguayan Peso to Turkish Lira
Please provide values below to convert Uruguayan Peso [UYU] to Turkish Lira [TRY], or Convert Turkish Lira to Uruguayan Peso.
How to Convert Uruguayan Peso to Turkish Lira
1 UYU = 0.996518358979939 TRY
Example: convert 15 UYU to TRY:
15 UYU = 15 × 0.996518358979939 TRY = 14.9477753846991 TRY
Uruguayan Peso to Turkish Lira Conversion Table
| Uruguayan Peso | Turkish Lira |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.