Turkish Lira

The Turkish Lira is the currency of Turkey (TR)
1 TRY = 0.047 AUD
1 AUD = 21.141 TRY
1 TRY = 26.477 ARS
1 ARS = 0.038 TRY
1 TRY = 89.198 BIF
1 BIF = 0.011 TRY
1 TRY = 0.012 BHD
1 BHD = 85.031 TRY
1 TRY = 0.216 BOB
1 BOB = 4.639 TRY
1 TRY = 0.053 AZN
1 AZN = 18.853 TRY
1 TRY = 2.582 BTN
1 BTN = 0.387 TRY
1 TRY = 15.957 CRC
1 CRC = 0.063 TRY
1 TRY = 0.723 CZK
1 CZK = 1.383 TRY
1 TRY = 0.224 CNY
1 CNY = 4.464 TRY
1 TRY = 0.213 DKK
1 DKK = 4.689 TRY
1 TRY = 1.771 ETB
1 ETB = 0.565 TRY
1 TRY = 268.116 GNF
1 GNF = 0.004 TRY
1 TRY = 0.215 HRK
1 HRK = 4.641 TRY
1 TRY = 484.902 IDR
1 IDR = 0.002 TRY
1 TRY = 4.842 JMD
1 JMD = 0.207 TRY
1 TRY = 2.790 KGS
1 KGS = 0.358 TRY
1 TRY = 0.056 BAM
1 BAM = 17.921 TRY
1 TRY = 0.056 ANG
1 ANG = 17.788 TRY
1 TRY = 0.423 BWP
1 BWP = 2.362 TRY
1 TRY = 0.042 BND
1 BND = 24.089 TRY
1 TRY = 86.563 CDF
1 CDF = 0.012 TRY
1 TRY = 0.063 BZD
1 BZD = 15.904 TRY
1 TRY = 1018.702 BYR
1 BYR = 0.001 TRY
1 TRY = 0.056 BGN
1 BGN = 17.914 TRY
1 TRY = 0.042 CAD
1 CAD = 23.727 TRY
1 TRY = 4.195 DZD
1 DZD = 0.238 TRY
1 TRY = 0.468 ERN
1 ERN = 2.137 TRY
1 TRY = 1.523 EGP
1 EGP = 0.657 TRY
1 TRY = 0.070 FJD
1 FJD = 14.355 TRY
1 TRY = 0.024 GBP
1 GBP = 40.900 TRY
1 TRY = 0.024 FKP
1 FKP = 40.900 TRY
1 TRY = 0.244 GTQ
1 GTQ = 4.105 TRY
1 TRY = 0.244 HKD
1 HKD = 4.096 TRY
1 TRY = 11.397 HUF
1 HUF = 0.088 TRY
1 TRY = 40.863 IQD
1 IQD = 0.024 TRY
1 TRY = 1311.622 IRR
1 IRR = 0.001 TRY
1 TRY = 14.058 KMF
1 KMF = 0.071 TRY
1 TRY = 40.958 KRW
1 KRW = 0.024 TRY
1 TRY = 2.966 ALL
1 ALL = 0.337 TRY
1 TRY = 3.423 BDT
1 BDT = 0.292 TRY
1 TRY = 0.056 AWG
1 AWG = 17.806 TRY
1 TRY = 0.155 BRL
1 BRL = 6.433 TRY
1 TRY = 0.000 BCH
1 BCH = 13708.298 TRY
1 TRY = 0.000 BTC
1 BTC = 2289285.714 TRY
1 TRY = 0.115 AED
1 AED = 8.726 TRY
1 TRY = 26.024 AOA
1 AOA = 0.038 TRY
1 TRY = 0.031 BSD
1 BSD = 32.050 TRY
1 TRY = 30.067 CLP
1 CLP = 0.033 TRY
1 TRY = 0.102 BYN
1 BYN = 9.797 TRY
1 TRY = 122.080 COP
1 COP = 0.008 TRY
1 TRY = 0.803 CUP
1 CUP = 1.245 TRY
1 TRY = 0.000 ETH
1 ETH = 128714.859 TRY
1 TRY = 0.029 EUR
1 EUR = 34.970 TRY
1 TRY = 0.770 HNL
1 HNL = 1.298 TRY
1 TRY = 2.121 GMD
1 GMD = 0.471 TRY
1 TRY = 0.024 GIP
1 GIP = 40.900 TRY
1 TRY = 4.136 HTG
1 HTG = 0.242 TRY
1 TRY = 0.022 JOD
1 JOD = 45.211 TRY
1 TRY = 4.612 JPY
1 JPY = 0.217 TRY
1 TRY = 2.213 AFN
1 AFN = 0.452 TRY
1 TRY = 0.062 BBD
1 BBD = 16.025 TRY
1 TRY = 0.031 BMD
1 BMD = 32.050 TRY
1 TRY = 12.564 AMD
1 AMD = 0.080 TRY
1 TRY = 0.027 CHF
1 CHF = 36.468 TRY
1 TRY = 5.555 DJF
1 DJF = 0.180 TRY
1 TRY = 1.844 DOP
1 DOP = 0.542 TRY
1 TRY = 3.146 CVE
1 CVE = 0.318 TRY
1 TRY = 0.083 GEL
1 GEL = 12.072 TRY
1 TRY = 0.400 GHS
1 GHS = 2.501 TRY
1 TRY = 6.533 GYD
1 GYD = 0.153 TRY
1 TRY = 0.114 ILS
1 ILS = 8.760 TRY
1 TRY = 2.583 INR
1 INR = 0.387 TRY
1 TRY = 4.252 ISK
1 ISK = 0.235 TRY
1 TRY = 126.329 KHR
1 KHR = 0.008 TRY
1 TRY = 4.337 KES
1 KES = 0.231 TRY
1 TRY = 0.010 KWD
1 KWD = 104.333 TRY
1 TRY = 13.998 KZT
1 KZT = 0.071 TRY
1 TRY = 9.582 LKR
1 LKR = 0.104 TRY
1 TRY = 0.313 MAD
1 MAD = 3.194 TRY
1 TRY = 65.507 MMK
1 MMK = 0.015 TRY
1 TRY = 107.644 MNT
1 MNT = 0.009 TRY
1 TRY = 1.429 MUR
1 MUR = 0.700 TRY
1 TRY = 12.403 MRO
1 MRO = 0.081 TRY
1 TRY = 0.480 MVR
1 MVR = 2.081 TRY
1 TRY = 52.508 MWK
1 MWK = 0.019 TRY
1 TRY = 0.051 NZD
1 NZD = 19.699 TRY
1 TRY = 4.131 NPR
1 NPR = 0.242 TRY
1 TRY = 1.729 PHP
1 PHP = 0.578 TRY
1 TRY = 8.708 PKR
1 PKR = 0.115 TRY
1 TRY = 40.036 RWF
1 RWF = 0.025 TRY
1 TRY = 0.000 LTC
1 LTC = 3111.046 TRY
1 TRY = 0.525 MXN
1 MXN = 1.904 TRY
1 TRY = 1.148 NIO
1 NIO = 0.871 TRY
1 TRY = 0.142 RON
1 RON = 7.040 TRY
1 TRY = 28.081 KPW
1 KPW = 0.036 TRY
1 TRY = 0.026 KYD
1 KYD = 38.467 TRY
1 TRY = 2793.351 LBP
1 LBP = 0.000 TRY
1 TRY = 0.150 LYD
1 LYD = 6.670 TRY
1 TRY = 651.002 LAK
1 LAK = 0.002 TRY
1 TRY = 140.396 MGA
1 MGA = 0.007 TRY
1 TRY = 5.978 LRD
1 LRD = 0.167 TRY
1 TRY = 1.762 MKD
1 MKD = 0.568 TRY
1 TRY = 0.579 LSL
1 LSL = 1.726 TRY
1 TRY = 0.251 MOP
1 MOP = 3.978 TRY
1 TRY = 0.548 MDL
1 MDL = 1.826 TRY
1 TRY = 0.579 NAD
1 NAD = 1.726 TRY
1 TRY = 0.146 MYR
1 MYR = 6.852 TRY
1 TRY = 0.012 OMR
1 OMR = 83.253 TRY
1 TRY = 49.148 NGN
1 NGN = 0.020 TRY
1 TRY = 0.119 PGK
1 PGK = 8.394 TRY
1 TRY = 0.031 PAB
1 PAB = 32.050 TRY
1 TRY = 0.115 PEN
1 PEN = 8.686 TRY
1 TRY = 0.328 NOK
1 NOK = 3.047 TRY
1 TRY = 0.123 PLN
1 PLN = 8.154 TRY
1 TRY = 227.410 PYG
1 PYG = 0.004 TRY
1 TRY = 0.114 QAR
1 QAR = 8.790 TRY
1 TRY = 0.263 SBD
1 SBD = 3.799 TRY
1 TRY = 0.117 SAR
1 SAR = 8.545 TRY
1 TRY = 0.042 SGD
1 SGD = 24.045 TRY
1 TRY = 654.275 SLL
1 SLL = 0.002 TRY
1 TRY = 1.115 THB
1 THB = 0.897 TRY
1 TRY = 0.982 TWD
1 TWD = 1.018 TRY
1 TRY = 1.201 UAH
1 UAH = 0.833 TRY
1 TRY = 121.906 UGX
1 UGX = 0.008 TRY
1 TRY = 1.103 SRD
1 SRD = 0.906 TRY
1 TRY = 695.220 STD
1 STD = 0.001 TRY
1 TRY = 1.000 TRY
1 TRY = 1.000 TRY
1 TRY = 0.212 TTD
1 TTD = 4.718 TRY
1 TRY = 0.074 TOP
1 TOP = 13.574 TRY
1 TRY = 390.973 UZS
1 UZS = 0.003 TRY
1 TRY = 7.810 YER
1 YER = 0.128 TRY
1 TRY = 0.584 ZAR
1 ZAR = 1.712 TRY
1 TRY = 3.352 RSD
1 RSD = 0.298 TRY
1 TRY = 2.849 RUB
1 RUB = 0.351 TRY
1 TRY = 17.828 SOS
1 SOS = 0.056 TRY
1 TRY = 0.273 SVC
1 SVC = 3.664 TRY
1 TRY = 78.394 SYP
1 SYP = 0.013 TRY
1 TRY = 0.579 SZL
1 SZL = 1.726 TRY
1 TRY = 0.097 TND
1 TND = 10.350 TRY
1 TRY = 1.211 UYU
1 UYU = 0.825 TRY
1 TRY = 769.167 VND
1 VND = 0.001 TRY
1 TRY = 3.704 VUV
1 VUV = 0.270 TRY
1 TRY = 0.087 WST
1 WST = 11.446 TRY
1 TRY = 18.758 XAF
1 XAF = 0.053 TRY
1 TRY = 0.084 XCD
1 XCD = 11.859 TRY
1 TRY = 0.419 SCR
1 SCR = 2.386 TRY
1 TRY = 0.320 SEK
1 SEK = 3.126 TRY
1 TRY = 0.024 SHP
1 SHP = 40.900 TRY
1 TRY = 79.544 TZS
1 TZS = 0.013 TRY
1 TRY = 0.031 USD
1 USD = 32.050 TRY
1 TRY = 3.412 XPF
1 XPF = 0.293 TRY
1 TRY = 18.758 XOF
1 XOF = 0.053 TRY

Evolution of the TRY Exchange Rate

The Turkish Lira (TRY) exchange rate has experienced significant fluctuations over time. In recent years, it has witnessed periods of volatility and depreciation against major currencies, particularly the US Dollar and Euro. The exchange rate faced a severe depreciation in 2018 due to concerns over Turkey's economic policies and geopolitical tensions.

The TRY exchange rate has been influenced by various factors such as domestic economic indicators, political events, and global market trends. The central bank's monetary policy decisions and market sentiment play a crucial role in determining the exchange rate's direction.

Variations in the TRY Exchange Rate

The Turkish Lira exchange rate has displayed considerable variations over time. It has experienced periods of appreciation and depreciation against major currencies. The exchange rate variations have been influenced by factors such as inflation, interest rates, geopolitical risks, and global market trends.

During periods of economic instability or heightened market volatility, the TRY exchange rate tends to exhibit greater fluctuations. The variations in the exchange rate impact import/export costs, inflation rates, and overall economic stability in Turkey.

Significance of TRY in the Global Economy

The Turkish Lira's significance in the global economy stems from Turkey's position as a major emerging market and its economic ties with various countries. Turkey has a substantial economy, and its strategic location bridges Europe and Asia.

The TRY's importance lies in its impact on regional stability and trade. Turkey's inclusion in global supply chains, tourism sector, and foreign investments contribute to the significance of the Turkish Lira in the global economy. Furthermore, fluctuations in the TRY exchange rate can have spillover effects on other emerging market currencies.

Shocks Experienced by TRY and Correlation with Other Currencies

The Turkish Lira has faced several shocks that have impacted its exchange rate. Political events, such as elections or geopolitical tensions, have historically caused uncertainty in the markets and led to increased volatility in the TRY exchange rate.

The TRY exchange rate has also exhibited correlation with other currencies, particularly those of emerging markets or countries with strong economic ties to Turkey. For example, fluctuations in the Turkish Lira may influence the exchange rates of currencies in neighboring countries or those with significant trade relations. Additionally, global market movements and investor sentiment towards emerging markets can impact the TRY exchange rate as well.