Convert British Pound Sterling to Turkish Lira
Please provide values below to convert British Pound Sterling [GBP] to Turkish Lira [TRY], or Convert Turkish Lira to British Pound Sterling.
How to Convert British Pound Sterling to Turkish Lira
1 GBP = 0.0183033429193857 TRY
Example: convert 15 GBP to TRY:
15 GBP = 15 × 0.0183033429193857 TRY = 0.274550143790785 TRY
British Pound Sterling to Turkish Lira Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also 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.