Convert 1 Turkish Lira (TRY) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 16th January 2019 ( 16/01/2019 )
Below you will find the latest exchange rate for exchanging Turkish Lira (TRY) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Turkish Lira (TRY) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official currency of Turkey is the Turkish lira. The lira is issued in denominations of 5, 10, 20, 50 and 100. Foreign currencies can be exchanged at most banks as well as airport exchange desks found in many terminals, post offices and currency exchange offices. Money exchanges that are not charged a commission per transaction are typically done at higher than average rates.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.