Turkish Lira
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1 TRY = 0.037 AUD
1 AUD = 27.034 TRY
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1 TRY = 32.256 ARS
1 ARS = 0.031 TRY
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1 TRY = 70.514 BIF
1 BIF = 0.014 TRY
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1 TRY = 0.009 BHD
1 BHD = 111.226 TRY
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1 TRY = 0.166 BOB
1 BOB = 6.042 TRY
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1 TRY = 0.041 AZN
1 AZN = 24.596 TRY
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1 TRY = 2.123 BTN
1 BTN = 0.471 TRY
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1 TRY = 12.049 CRC
1 CRC = 0.083 TRY
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1 TRY = 0.503 CZK
1 CZK = 1.989 TRY
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1 TRY = 0.171 CNY
1 CNY = 5.857 TRY
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1 TRY = 0.154 DKK
1 DKK = 6.481 TRY
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1 TRY = 3.514 ETB
1 ETB = 0.285 TRY
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1 TRY = 207.683 GNF
1 GNF = 0.005 TRY
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1 TRY = 0.156 HRK
1 HRK = 6.425 TRY
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1 TRY = 397.568 IDR
1 IDR = 0.003 TRY
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1 TRY = 3.835 JMD
1 JMD = 0.261 TRY
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1 TRY = 2.091 KGS
1 KGS = 0.478 TRY
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1 TRY = 0.040 BAM
1 BAM = 24.749 TRY
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1 TRY = 0.043 ANG
1 ANG = 23.230 TRY
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1 TRY = 0.328 BWP
1 BWP = 3.048 TRY
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1 TRY = 0.031 BND
1 BND = 32.155 TRY
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1 TRY = 53.828 CDF
1 CDF = 0.019 TRY
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1 TRY = 0.048 BZD
1 BZD = 20.765 TRY
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1 TRY = 814.261 BYR
1 BYR = 0.001 TRY
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1 TRY = 0.040 BGN
1 BGN = 24.749 TRY
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1 TRY = 0.034 CAD
1 CAD = 29.787 TRY
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1 TRY = 3.119 DZD
1 DZD = 0.321 TRY
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1 TRY = 0.359 ERN
1 ERN = 2.788 TRY
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1 TRY = 1.141 EGP
1 EGP = 0.877 TRY
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1 TRY = 0.055 FJD
1 FJD = 18.333 TRY
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1 TRY = 0.018 GBP
1 GBP = 55.564 TRY
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1 TRY = 0.018 FKP
1 FKP = 55.564 TRY
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1 TRY = 0.183 GTQ
1 GTQ = 5.461 TRY
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1 TRY = 0.186 HKD
1 HKD = 5.379 TRY
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1 TRY = 8.110 HUF
1 HUF = 0.123 TRY
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1 TRY = 31.321 IQD
1 IQD = 0.032 TRY
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1 TRY = 1005.373 IRR
1 IRR = 0.001 TRY
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1 TRY = 10.163 KMF
1 KMF = 0.098 TRY
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1 TRY = 34.255 KRW
1 KRW = 0.029 TRY
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1 TRY = 2.000 ALL
1 ALL = 0.500 TRY
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1 TRY = 2.912 BDT
1 BDT = 0.343 TRY
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1 TRY = 0.043 AWG
1 AWG = 23.364 TRY
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1 TRY = 0.132 BRL
1 BRL = 7.598 TRY
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1 TRY = 0.000 BCH
1 BCH = 2174.214 TRY
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1 TRY = 0.000 BTC
1 BTC = 4646777.778 TRY
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1 TRY = 0.088 AED
1 AED = 11.388 TRY
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1 TRY = 21.890 AOA
1 AOA = 0.046 TRY
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1 TRY = 0.024 BSD
1 BSD = 41.821 TRY
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1 TRY = 23.070 CLP
1 CLP = 0.043 TRY
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1 TRY = 0.081 BYN
1 BYN = 12.281 TRY
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1 TRY = 94.249 COP
1 COP = 0.011 TRY
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1 TRY = 0.573 CUP
1 CUP = 1.744 TRY
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1 TRY = 0.000 ETH
1 ETH = 165956.349 TRY
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1 TRY = 0.021 EUR
1 EUR = 48.406 TRY
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1 TRY = 0.628 HNL
1 HNL = 1.593 TRY
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1 TRY = 1.742 GMD
1 GMD = 0.574 TRY
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1 TRY = 0.018 GIP
1 GIP = 55.564 TRY
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1 TRY = 3.142 HTG
1 HTG = 0.318 TRY
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1 TRY = 0.017 JOD
1 JOD = 58.986 TRY
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1 TRY = 3.635 JPY
1 JPY = 0.275 TRY
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1 TRY = 1.586 AFN
1 AFN = 0.630 TRY
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1 TRY = 0.048 BBD
1 BBD = 20.911 TRY
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1 TRY = 0.024 BMD
1 BMD = 41.821 TRY
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1 TRY = 9.131 AMD
1 AMD = 0.110 TRY
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1 TRY = 0.019 CHF
1 CHF = 52.068 TRY
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1 TRY = 4.260 DJF
1 DJF = 0.235 TRY
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1 TRY = 1.505 DOP
1 DOP = 0.664 TRY
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1 TRY = 2.278 CVE
1 CVE = 0.439 TRY
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1 TRY = 0.065 GEL
1 GEL = 15.443 TRY
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1 TRY = 0.271 GHS
1 GHS = 3.686 TRY
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1 TRY = 5.002 GYD
1 GYD = 0.200 TRY
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1 TRY = 0.080 ILS
1 ILS = 12.569 TRY
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1 TRY = 2.123 INR
1 INR = 0.471 TRY
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1 TRY = 2.921 ISK
1 ISK = 0.342 TRY
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1 TRY = 96.160 KHR
1 KHR = 0.010 TRY
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1 TRY = 3.090 KES
1 KES = 0.324 TRY
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1 TRY = 0.007 KWD
1 KWD = 136.225 TRY
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1 TRY = 12.902 KZT
1 KZT = 0.078 TRY
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1 TRY = 7.238 LKR
1 LKR = 0.138 TRY
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1 TRY = 0.220 MAD
1 MAD = 4.554 TRY
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1 TRY = 50.201 MMK
1 MMK = 0.020 TRY
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1 TRY = 86.004 MNT
1 MNT = 0.012 TRY
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1 TRY = 1.086 MUR
1 MUR = 0.921 TRY
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1 TRY = 9.574 MRO
1 MRO = 0.104 TRY
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1 TRY = 0.369 MVR
1 MVR = 2.714 TRY
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1 TRY = 41.451 MWK
1 MWK = 0.024 TRY
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1 TRY = 0.042 NZD
1 NZD = 23.838 TRY
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1 TRY = 3.399 NPR
1 NPR = 0.294 TRY
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1 TRY = 1.392 PHP
1 PHP = 0.718 TRY
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1 TRY = 6.764 PKR
1 PKR = 0.148 TRY
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1 TRY = 34.718 RWF
1 RWF = 0.029 TRY
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1 TRY = 0.003 LTC
1 LTC = 389.685 TRY
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1 TRY = 0.444 MXN
1 MXN = 2.255 TRY
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1 TRY = 0.879 NIO
1 NIO = 1.137 TRY
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1 TRY = 0.105 RON
1 RON = 9.512 TRY
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1 TRY = 21.521 KPW
1 KPW = 0.046 TRY
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1 TRY = 0.020 KYD
1 KYD = 50.382 TRY
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1 TRY = 2145.731 LBP
1 LBP = 0.000 TRY
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1 TRY = 0.130 LYD
1 LYD = 7.683 TRY
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1 TRY = 517.996 LAK
1 LAK = 0.002 TRY
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1 TRY = 107.446 MGA
1 MGA = 0.009 TRY
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1 TRY = 4.378 LRD
1 LRD = 0.228 TRY
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1 TRY = 1.273 MKD
1 MKD = 0.786 TRY
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1 TRY = 0.417 LSL
1 LSL = 2.400 TRY
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1 TRY = 0.191 MOP
1 MOP = 5.222 TRY
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1 TRY = 0.404 MDL
1 MDL = 2.475 TRY
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1 TRY = 0.417 NAD
1 NAD = 2.400 TRY
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1 TRY = 0.101 MYR
1 MYR = 9.886 TRY
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1 TRY = 0.009 OMR
1 OMR = 108.654 TRY
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1 TRY = 34.938 NGN
1 NGN = 0.029 TRY
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1 TRY = 0.101 PGK
1 PGK = 9.877 TRY
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1 TRY = 0.024 PAB
1 PAB = 41.821 TRY
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1 TRY = 0.082 PEN
1 PEN = 12.192 TRY
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1 TRY = 0.244 NOK
1 NOK = 4.099 TRY
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1 TRY = 0.088 PLN
1 PLN = 11.353 TRY
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1 TRY = 168.116 PYG
1 PYG = 0.006 TRY
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1 TRY = 0.087 QAR
1 QAR = 11.489 TRY
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1 TRY = 0.203 SBD
1 SBD = 4.920 TRY
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1 TRY = 0.090 SAR
1 SAR = 11.152 TRY
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1 TRY = 0.031 SGD
1 SGD = 32.155 TRY
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1 TRY = 542.737 SLL
1 SLL = 0.002 TRY
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1 TRY = 0.783 THB
1 THB = 1.277 TRY
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1 TRY = 0.735 TWD
1 TWD = 1.360 TRY
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1 TRY = 0.998 UAH
1 UAH = 1.002 TRY
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1 TRY = 82.466 UGX
1 UGX = 0.012 TRY
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1 TRY = 0.929 SRD
1 SRD = 1.077 TRY
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1 TRY = 509.244 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 = 0.162 TTD
1 TTD = 6.168 TRY
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1 TRY = 0.057 TOP
1 TOP = 17.584 TRY
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1 TRY = 290.916 UZS
1 UZS = 0.003 TRY
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1 TRY = 5.715 YER
1 YER = 0.175 TRY
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1 TRY = 0.417 ZAR
1 ZAR = 2.400 TRY
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1 TRY = 2.420 RSD
1 RSD = 0.413 TRY
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1 TRY = 1.907 RUB
1 RUB = 0.525 TRY
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1 TRY = 13.666 SOS
1 SOS = 0.073 TRY
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1 TRY = 0.209 SVC
1 SVC = 4.780 TRY
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1 TRY = 310.920 SYP
1 SYP = 0.003 TRY
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1 TRY = 0.417 SZL
1 SZL = 2.400 TRY
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1 TRY = 0.070 TND
1 TND = 14.219 TRY
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1 TRY = 0.959 UYU
1 UYU = 1.043 TRY
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1 TRY = 631.635 VND
1 VND = 0.002 TRY
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1 TRY = 2.925 VUV
1 VUV = 0.342 TRY
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1 TRY = 0.067 WST
1 WST = 14.913 TRY
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1 TRY = 13.551 XAF
1 XAF = 0.074 TRY
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1 TRY = 0.065 XCD
1 XCD = 15.454 TRY
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1 TRY = 0.350 SCR
1 SCR = 2.854 TRY
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1 TRY = 0.229 SEK
1 SEK = 4.375 TRY
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1 TRY = 0.018 SHP
1 SHP = 55.564 TRY
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1 TRY = 58.538 TZS
1 TZS = 0.017 TRY
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1 TRY = 0.024 USD
1 USD = 41.821 TRY
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1 TRY = 2.465 XPF
1 XPF = 0.406 TRY
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1 TRY = 13.551 XOF
1 XOF = 0.074 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.