Convert Ugandan Shilling to Turkish Lira
Please provide values below to convert Ugandan Shilling [UGX] to Turkish Lira [TRY], or Convert Turkish Lira to Ugandan Shilling.
How to Convert Ugandan Shilling to Turkish Lira
1 UGX = 88.1851352721392 TRY
Example: convert 15 UGX to TRY:
15 UGX = 15 × 88.1851352721392 TRY = 1322.77702908209 TRY
Ugandan Shilling to Turkish Lira Conversion Table
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Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.
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.