TRY to CDF

TRY - Turkish Lira ()
CDF - Congolese Franc (FC)
1 TRY1 CDF

Currency conversion rates from TRY to CDF

TRYCDF
1 TRY1 CDF
5 TRY5 CDF
10 TRY10 CDF
20 TRY20 CDF
50 TRY50 CDF
100 TRY100 CDF
250 TRY250 CDF
500 TRY500 CDF
1000 TRY1000 CDF
2000 TRY2000 CDF
5000 TRY5000 CDF
10000 TRY10000 CDF
CDFTRY
1 CDF1 TRY
5 CDF5 TRY
10 CDF10 TRY
20 CDF20 TRY
50 CDF50 TRY
100 CDF100 TRY
250 CDF250 TRY
500 CDF500 TRY
1000 CDF1000 TRY
2000 CDF2000 TRY
5000 CDF5000 TRY
10000 CDF10000 TRY

CDF - Congolese Franc (CDF)

Congolese Franc

The official currency of the Democratic Republic of Congo is the Congolese Franc (CDF). The symbol for the Franc is FC. The Franc is subdivided into 100 centimes. There were two editions of the Franc; the second edition is the new Congolese Franc.

The Franc Congolais is the currency in Congo (CD, COD). The Franc Congolais is divided into 100 centimes. The exchange rate for the Franc Congolais was last updated on May 24, 2019 from Yahoo Finance. The CDF conversion factor has 5 significant digits.

Economy

  • The Democratic Republic of Congo has a vast amount of mineral and other natural resources. The estimated value of the untapped raw material is +/- 24 trillion USD.
  • Agriculture accounts for 57% of the GDP. Products of the agriculture industry are rubber, tea, cotton, sugar, palm oil, and coffee.
  • The Congo relies on the mining industry.
  • The main industries are consumer products, mining, cement, and commercial ship repair.
  • Export products are crude oil, wood products, coffee, copper, gold, diamonds, and cobalt.
  • Import products are transportation equipment, mining and other machinery, and food.
  • There is a lot of economy activity in the informal sectors that is not included in the GDP.
  • The first and second wars that took place in the 1960s negatively impacted the economy.
  • The government is establishing economic zones to help get the industrial sector started.

History

  • The first Franc was introduced in 1887. It had the same value as the Belgian Franc.
  • In 1916, the Congolese Franc also circulated in the countries of Burundi and Rwanda; however, they later issued their own Franc.
  • In 1967, Congo declared independence and the Franc was replaced with the Zaire at 1,000 Francs = 1 Zaire.
  • In 1997, the Franc was re-introduced and the Zaire was eliminated. The exchange rate was 100,000 new Zaires = 1 Franc.
  • In 2010, the Central Bank printed commemorative notes to celebrate the 50th anniversary of the country’s independence from Belgium.

More information about CDF - Congolese Franc (CDF)


TRY - Turkish Lira (TL)

The Turkish lira, usually abbreviated as TL, is the official currency of Turkey and the Turkish Republic of Northern Cyprus. Its symbol is ₺ and its official currency code is TRY. The most popular lira exchange is with the euro. The lira has 6 significant currency conversion factor digits, and is considered fiat currency. It’s the 16th most traded currency in the world by value.

The Turkish Lira is the official currency of Turkey. It is subdivided into 100 kurus. All the notes and coins have portraits on the obverse side of Mustafa Kemal Atatürk at different points of his life since the 1930s. The Central Bank of Turkey is holding a contest to find a new currency sign.

The Turkish Lira is the currency in Turkey (TR, TUR), and Northern Cyprus. The Turkish Lira is also known as the Yeni Turk Lirasi. The symbol for TRY can be written YTL. The Turkish Lira is divided into 100 new kurus. The exchange rate for the Turkish Lira was last updated on May 24, 2019 from Yahoo Finance. The TRY conversion factor has 5 significant digits.

Economy

  • Turkey has a well-developed economy. It is among the world’s leading producers of agricultural products, textiles, motor vehicles, ships and other transportation equipment, construction materials, consumer electronics, and home appliances.
  • In recent years, Turkey’s private sector has been growing rapidly, but the state still plays a major role in industry, banking, communications, and transport.
  • Turkey has the world’s 15th largest GDP-PPP and the 17th largest nominal GDP. The country is a founding member of the OECD (1961) and is one of the G20 major economies (1999).
  • The World Bank classifies Turkey as an upper-middle income country in terms of its per capita GDP in the year 2007. According to a survey by Forbes magazine, Istanbul, Turkey’s financial capital, had a total of 28 billionaires as of March 2010 (down from 35 in 2008), which ranks it 4th in the world behind New York City (60 billionaires), Moscow (50 billionaires), and London (32 billionaires).
  • Turkey has had high inflation rates compared to other developed countries, but has never experienced hyperinflation.

History

  • Because of chronic inflation in Turkey from the 1970s to the 1990s, the Lira depreciated greatly in value.
  • In the last few years, the Turkish Lira has stabilized and even risen against the US Dollar and the Euro.
  • The Lira had slid in value to such an extent that, before the 2005 revaluation, one original gold Lira coin was worth approximately 120,000,000 Lira.

More information about TRY - Turkish Lira (TL)