Turkish Lira
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1 TRY = 0.043 AUD
1 AUD = 23.073 TRY
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1 TRY = 29.131 ARS
1 ARS = 0.034 TRY
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1 TRY = 81.071 BIF
1 BIF = 0.012 TRY
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1 TRY = 0.010 BHD
1 BHD = 97.066 TRY
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1 TRY = 0.189 BOB
1 BOB = 5.289 TRY
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1 TRY = 0.046 AZN
1 AZN = 21.523 TRY
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1 TRY = 2.386 BTN
1 BTN = 0.419 TRY
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1 TRY = 13.682 CRC
1 CRC = 0.073 TRY
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1 TRY = 0.628 CZK
1 CZK = 1.591 TRY
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1 TRY = 0.198 CNY
1 CNY = 5.053 TRY
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1 TRY = 0.187 DKK
1 DKK = 5.339 TRY
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1 TRY = 3.588 ETB
1 ETB = 0.279 TRY
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1 TRY = 236.582 GNF
1 GNF = 0.004 TRY
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1 TRY = 0.189 HRK
1 HRK = 5.285 TRY
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1 TRY = 448.728 IDR
1 IDR = 0.002 TRY
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1 TRY = 4.299 JMD
1 JMD = 0.233 TRY
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1 TRY = 2.390 KGS
1 KGS = 0.418 TRY
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1 TRY = 0.049 BAM
1 BAM = 20.371 TRY
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1 TRY = 0.049 ANG
1 ANG = 20.280 TRY
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1 TRY = 0.375 BWP
1 BWP = 2.666 TRY
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1 TRY = 0.037 BND
1 BND = 27.393 TRY
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1 TRY = 78.360 CDF
1 CDF = 0.013 TRY
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1 TRY = 0.055 BZD
1 BZD = 18.195 TRY
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1 TRY = 893.711 BYR
1 BYR = 0.001 TRY
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1 TRY = 0.049 BGN
1 BGN = 20.372 TRY
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1 TRY = 0.039 CAD
1 CAD = 25.418 TRY
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1 TRY = 3.641 DZD
1 DZD = 0.275 TRY
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1 TRY = 0.410 ERN
1 ERN = 2.439 TRY
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1 TRY = 1.385 EGP
1 EGP = 0.722 TRY
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1 TRY = 0.063 FJD
1 FJD = 15.948 TRY
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1 TRY = 0.021 GBP
1 GBP = 47.414 TRY
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1 TRY = 0.021 FKP
1 FKP = 47.414 TRY
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1 TRY = 0.211 GTQ
1 GTQ = 4.740 TRY
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1 TRY = 0.212 HKD
1 HKD = 4.708 TRY
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1 TRY = 10.023 HUF
1 HUF = 0.100 TRY
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1 TRY = 35.842 IQD
1 IQD = 0.028 TRY
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1 TRY = 1150.619 IRR
1 IRR = 0.001 TRY
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1 TRY = 12.349 KMF
1 KMF = 0.081 TRY
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1 TRY = 39.727 KRW
1 KRW = 0.025 TRY
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1 TRY = 2.500 ALL
1 ALL = 0.400 TRY
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1 TRY = 3.324 BDT
1 BDT = 0.301 TRY
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1 TRY = 0.049 AWG
1 AWG = 20.327 TRY
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1 TRY = 0.158 BRL
1 BRL = 6.309 TRY
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1 TRY = 0.000 BCH
1 BCH = 12356.974 TRY
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1 TRY = 0.000 BTC
1 BTC = 3049083.333 TRY
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1 TRY = 0.100 AED
1 AED = 9.962 TRY
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1 TRY = 24.971 AOA
1 AOA = 0.040 TRY
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1 TRY = 0.027 BSD
1 BSD = 36.589 TRY
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1 TRY = 25.666 CLP
1 CLP = 0.039 TRY
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1 TRY = 0.090 BYN
1 BYN = 11.168 TRY
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1 TRY = 113.070 COP
1 COP = 0.009 TRY
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1 TRY = 0.704 CUP
1 CUP = 1.421 TRY
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1 TRY = 0.000 ETH
1 ETH = 68390.654 TRY
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1 TRY = 0.025 EUR
1 EUR = 39.827 TRY
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1 TRY = 0.700 HNL
1 HNL = 1.429 TRY
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1 TRY = 1.968 GMD
1 GMD = 0.508 TRY
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1 TRY = 0.021 GIP
1 GIP = 47.414 TRY
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1 TRY = 3.589 HTG
1 HTG = 0.279 TRY
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1 TRY = 0.019 JOD
1 JOD = 51.585 TRY
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1 TRY = 4.037 JPY
1 JPY = 0.248 TRY
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1 TRY = 1.937 AFN
1 AFN = 0.516 TRY
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1 TRY = 0.055 BBD
1 BBD = 18.295 TRY
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1 TRY = 0.027 BMD
1 BMD = 36.589 TRY
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1 TRY = 10.740 AMD
1 AMD = 0.093 TRY
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1 TRY = 0.024 CHF
1 CHF = 41.504 TRY
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1 TRY = 4.872 DJF
1 DJF = 0.205 TRY
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1 TRY = 1.716 DOP
1 DOP = 0.583 TRY
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1 TRY = 2.767 CVE
1 CVE = 0.361 TRY
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1 TRY = 0.076 GEL
1 GEL = 13.185 TRY
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1 TRY = 0.424 GHS
1 GHS = 2.358 TRY
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1 TRY = 5.724 GYD
1 GYD = 0.175 TRY
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1 TRY = 0.099 ILS
1 ILS = 10.053 TRY
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1 TRY = 2.379 INR
1 INR = 0.420 TRY
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1 TRY = 3.678 ISK
1 ISK = 0.272 TRY
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1 TRY = 109.659 KHR
1 KHR = 0.009 TRY
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1 TRY = 3.535 KES
1 KES = 0.283 TRY
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1 TRY = 0.008 KWD
1 KWD = 118.784 TRY
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1 TRY = 13.449 KZT
1 KZT = 0.074 TRY
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1 TRY = 8.082 LKR
1 LKR = 0.124 TRY
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1 TRY = 0.265 MAD
1 MAD = 3.773 TRY
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1 TRY = 57.340 MMK
1 MMK = 0.017 TRY
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1 TRY = 92.869 MNT
1 MNT = 0.011 TRY
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1 TRY = 1.231 MUR
1 MUR = 0.812 TRY
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1 TRY = 10.899 MRO
1 MRO = 0.092 TRY
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1 TRY = 0.421 MVR
1 MVR = 2.374 TRY
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1 TRY = 47.443 MWK
1 MWK = 0.021 TRY
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1 TRY = 0.048 NZD
1 NZD = 20.940 TRY
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1 TRY = 3.818 NPR
1 NPR = 0.262 TRY
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1 TRY = 1.565 PHP
1 PHP = 0.639 TRY
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1 TRY = 7.662 PKR
1 PKR = 0.131 TRY
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1 TRY = 38.949 RWF
1 RWF = 0.026 TRY
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1 TRY = 0.000 LTC
1 LTC = 3264.834 TRY
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1 TRY = 0.552 MXN
1 MXN = 1.812 TRY
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1 TRY = 1.007 NIO
1 NIO = 0.993 TRY
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1 TRY = 0.125 RON
1 RON = 8.002 TRY
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1 TRY = 24.598 KPW
1 KPW = 0.041 TRY
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1 TRY = 0.023 KYD
1 KYD = 43.859 TRY
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1 TRY = 2451.895 LBP
1 LBP = 0.000 TRY
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1 TRY = 0.132 LYD
1 LYD = 7.593 TRY
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1 TRY = 592.413 LAK
1 LAK = 0.002 TRY
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1 TRY = 127.529 MGA
1 MGA = 0.008 TRY
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1 TRY = 5.472 LRD
1 LRD = 0.183 TRY
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1 TRY = 1.545 MKD
1 MKD = 0.647 TRY
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1 TRY = 0.504 LSL
1 LSL = 1.984 TRY
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1 TRY = 0.219 MOP
1 MOP = 4.567 TRY
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1 TRY = 0.487 MDL
1 MDL = 2.052 TRY
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1 TRY = 0.504 NAD
1 NAD = 1.984 TRY
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1 TRY = 0.121 MYR
1 MYR = 8.256 TRY
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1 TRY = 0.011 OMR
1 OMR = 95.034 TRY
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1 TRY = 41.982 NGN
1 NGN = 0.024 TRY
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1 TRY = 0.110 PGK
1 PGK = 9.080 TRY
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1 TRY = 0.027 PAB
1 PAB = 36.589 TRY
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1 TRY = 0.100 PEN
1 PEN = 9.977 TRY
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1 TRY = 0.291 NOK
1 NOK = 3.440 TRY
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1 TRY = 0.105 PLN
1 PLN = 9.500 TRY
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1 TRY = 216.984 PYG
1 PYG = 0.005 TRY
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1 TRY = 0.100 QAR
1 QAR = 10.033 TRY
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1 TRY = 0.230 SBD
1 SBD = 4.350 TRY
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1 TRY = 0.103 SAR
1 SAR = 9.756 TRY
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1 TRY = 0.036 SGD
1 SGD = 27.457 TRY
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1 TRY = 573.109 SLL
1 SLL = 0.002 TRY
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1 TRY = 0.924 THB
1 THB = 1.083 TRY
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1 TRY = 0.901 TWD
1 TWD = 1.110 TRY
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1 TRY = 1.137 UAH
1 UAH = 0.880 TRY
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1 TRY = 100.322 UGX
1 UGX = 0.010 TRY
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1 TRY = 0.989 SRD
1 SRD = 1.012 TRY
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1 TRY = 608.975 STD
1 STD = 0.002 TRY
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1 TRY = 1.000 TRY
1 TRY = 1.000 TRY
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1 TRY = 0.186 TTD
1 TTD = 5.385 TRY
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1 TRY = 0.066 TOP
1 TOP = 15.195 TRY
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1 TRY = 353.822 UZS
1 UZS = 0.003 TRY
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1 TRY = 6.744 YER
1 YER = 0.148 TRY
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1 TRY = 0.502 ZAR
1 ZAR = 1.993 TRY
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1 TRY = 2.940 RSD
1 RSD = 0.340 TRY
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1 TRY = 2.382 RUB
1 RUB = 0.420 TRY
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1 TRY = 15.637 SOS
1 SOS = 0.064 TRY
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1 TRY = 0.239 SVC
1 SVC = 4.177 TRY
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1 TRY = 355.353 SYP
1 SYP = 0.003 TRY
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1 TRY = 0.504 SZL
1 SZL = 1.984 TRY
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1 TRY = 0.084 TND
1 TND = 11.864 TRY
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1 TRY = 1.159 UYU
1 UYU = 0.862 TRY
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1 TRY = 696.234 VND
1 VND = 0.001 TRY
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1 TRY = 3.245 VUV
1 VUV = 0.308 TRY
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1 TRY = 0.077 WST
1 WST = 13.068 TRY
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1 TRY = 16.470 XAF
1 XAF = 0.061 TRY
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1 TRY = 0.074 XCD
1 XCD = 13.538 TRY
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1 TRY = 0.402 SCR
1 SCR = 2.486 TRY
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1 TRY = 0.276 SEK
1 SEK = 3.626 TRY
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1 TRY = 0.021 SHP
1 SHP = 47.414 TRY
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1 TRY = 72.289 TZS
1 TZS = 0.014 TRY
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1 TRY = 0.027 USD
1 USD = 36.589 TRY
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1 TRY = 2.996 XPF
1 XPF = 0.334 TRY
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1 TRY = 16.470 XOF
1 XOF = 0.061 TRY
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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.