TRY to WST

TRY - Turkish Lira ()
WST - Samoan Tala (WS$)
1 TRY1 WST

Currency conversion rates from TRY to WST

TRYWST
1 TRY1 WST
5 TRY5 WST
10 TRY10 WST
20 TRY20 WST
50 TRY50 WST
100 TRY100 WST
250 TRY250 WST
500 TRY500 WST
1000 TRY1000 WST
2000 TRY2000 WST
5000 TRY5000 WST
10000 TRY10000 WST
WSTTRY
1 WST1 TRY
5 WST5 TRY
10 WST10 TRY
20 WST20 TRY
50 WST50 TRY
100 WST100 TRY
250 WST250 TRY
500 WST500 TRY
1000 WST1000 TRY
2000 WST2000 TRY
5000 WST5000 TRY
10000 WST10000 TRY

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)


WST - Samoan Tala (WST)

Samoan Tala

The Samoan Tālā is the currency unit of Samoa, symbolized by WS$ to distinguish it from other Dollar currencies. The Tālā is subdivided into 100 sene. Tālā and sene are transliterations of the English terms Dollar and cent. The Tālā was introduced in 1967, upon Samoa’s independence from New Zealand, replacing the Pound at 2 Tālā = 1 Pound.

The Samoa Tala is the currency in Samoa (WS, WSM). The symbol for WST can be written WS$. The Samoa Tala is divided into 100 sene. The exchange rate for the Samoa Tala was last updated on May 24, 2019 from Yahoo Finance. The WST conversion factor has 5 significant digits.

Economy

  • The industrial sector is the largest component of the Samoan GDP (~60% GDP), followed by the services sector at (~30% of GDP). Most of the remaining ~10% of GDP is credited to agriculture.
  • Samoa's economy has traditionally been dependent on agriculture and fishing locally. In modern times the development aid, private family remittances from abroad and agricultural exports have become key factors in the economy of the nation.
  • The Samoan workforce is estimated at 90,000 people. Agriculture employs two-thirds of the workforce, and provides 90% of exports, with coconut cream, coconut oil, noni (Nonu fruit juice, as it is known in Samoa), and copra.

History

  • The Samoa Tālā was introduced in 1967, after the country's political independence of New Zealand in 1962. It replaced the Pound at a rate of 2 Samoa Tālā = 1 Pound, then the current exchange rate for the New Zealand Dollar to the Pound.
  • The value of the Samoa Tālā was unchanged against the New Zealand Dollar until 1975.
  • In 1967, the Bank of Western Samoa introduced notes of 1, 2 and 10 Samoan Tālā.
  • Samoan Tālā 5 notes were added in 1980 when the Monetary Board of Samoa took over paper money issuance.
  • In 1984, 1 Tālā notes were replaced by coins.
  • Polymer notes were also introduced in 1990.
  • On August 1, 2008, the central bank issued a new series of five pieces of paper Samoa Tālā 500-100. The two highest denominations (50 and 100 Samoan Tala) are protected with a thread of De La Rue Optiks security that has a transparent window.

More information about WST - Samoan Tala (WST)