Turkish Lira
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1 TRY = 1.581 AFN
1 AFN = 0.632 TRY
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1 TRY = 0.037 AUD
1 AUD = 27.358 TRY
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1 TRY = 35.383 ARS
1 ARS = 0.028 TRY
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1 TRY = 1.982 ALL
1 ALL = 0.505 TRY
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1 TRY = 2.913 BDT
1 BDT = 0.343 TRY
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1 TRY = 0.043 AWG
1 AWG = 23.453 TRY
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1 TRY = 70.121 BIF
1 BIF = 0.014 TRY
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1 TRY = 0.040 BAM
1 BAM = 24.925 TRY
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1 TRY = 0.048 BBD
1 BBD = 20.991 TRY
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1 TRY = 0.128 BRL
1 BRL = 7.801 TRY
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1 TRY = 0.009 BHD
1 BHD = 111.652 TRY
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1 TRY = 0.000 BCH
1 BCH = 2044.861 TRY
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1 TRY = 0.164 BOB
1 BOB = 6.081 TRY
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1 TRY = 0.043 ANG
1 ANG = 23.321 TRY
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1 TRY = 0.000 BTC
1 BTC = 4664555.556 TRY
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1 TRY = 0.087 AED
1 AED = 11.431 TRY
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1 TRY = 21.793 AOA
1 AOA = 0.046 TRY
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1 TRY = 0.024 BSD
1 BSD = 41.981 TRY
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1 TRY = 0.024 BMD
1 BMD = 41.981 TRY
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1 TRY = 0.040 AZN
1 AZN = 24.695 TRY
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1 TRY = 2.092 BTN
1 BTN = 0.478 TRY
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1 TRY = 9.085 AMD
1 AMD = 0.110 TRY
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1 TRY = 0.335 BWP
1 BWP = 2.982 TRY
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1 TRY = 0.031 BND
1 BND = 32.328 TRY
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1 TRY = 54.277 CDF
1 CDF = 0.018 TRY
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1 TRY = 0.048 BZD
1 BZD = 20.867 TRY
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1 TRY = 811.031 BYR
1 BYR = 0.001 TRY
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1 TRY = 0.019 CHF
1 CHF = 52.767 TRY
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1 TRY = 22.547 CLP
1 CLP = 0.044 TRY
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1 TRY = 0.040 BGN
1 BGN = 24.925 TRY
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1 TRY = 11.963 CRC
1 CRC = 0.084 TRY
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1 TRY = 0.081 BYN
1 BYN = 12.330 TRY
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1 TRY = 92.435 COP
1 COP = 0.011 TRY
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1 TRY = 0.033 CAD
1 CAD = 29.999 TRY
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1 TRY = 0.571 CUP
1 CUP = 1.751 TRY
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1 TRY = 0.499 CZK
1 CZK = 2.004 TRY
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1 TRY = 0.170 CNY
1 CNY = 5.894 TRY
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1 TRY = 4.241 DJF
1 DJF = 0.236 TRY
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1 TRY = 1.520 DOP
1 DOP = 0.658 TRY
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1 TRY = 0.153 DKK
1 DKK = 6.526 TRY
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1 TRY = 2.262 CVE
1 CVE = 0.442 TRY
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1 TRY = 3.107 DZD
1 DZD = 0.322 TRY
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1 TRY = 0.357 ERN
1 ERN = 2.799 TRY
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1 TRY = 1.132 EGP
1 EGP = 0.883 TRY
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1 TRY = 3.593 ETB
1 ETB = 0.278 TRY
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1 TRY = 0.000 ETH
1 ETH = 164631.373 TRY
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1 TRY = 0.065 GEL
1 GEL = 15.419 TRY
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1 TRY = 0.055 FJD
1 FJD = 18.261 TRY
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1 TRY = 0.018 GBP
1 GBP = 55.908 TRY
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1 TRY = 0.257 GHS
1 GHS = 3.887 TRY
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1 TRY = 0.018 FKP
1 FKP = 55.908 TRY
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1 TRY = 0.021 EUR
1 EUR = 48.748 TRY
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1 TRY = 206.676 GNF
1 GNF = 0.005 TRY
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1 TRY = 0.626 HNL
1 HNL = 1.598 TRY
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1 TRY = 1.740 GMD
1 GMD = 0.575 TRY
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1 TRY = 0.018 GIP
1 GIP = 55.908 TRY
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1 TRY = 0.182 GTQ
1 GTQ = 5.483 TRY
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1 TRY = 0.185 HKD
1 HKD = 5.402 TRY
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1 TRY = 4.979 GYD
1 GYD = 0.201 TRY
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1 TRY = 3.117 HTG
1 HTG = 0.321 TRY
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1 TRY = 0.155 HRK
1 HRK = 6.470 TRY
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1 TRY = 8.015 HUF
1 HUF = 0.125 TRY
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1 TRY = 395.538 IDR
1 IDR = 0.003 TRY
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1 TRY = 0.078 ILS
1 ILS = 12.759 TRY
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1 TRY = 31.242 IQD
1 IQD = 0.032 TRY
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1 TRY = 2.092 INR
1 INR = 0.478 TRY
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1 TRY = 1001.279 IRR
1 IRR = 0.001 TRY
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1 TRY = 2.917 ISK
1 ISK = 0.343 TRY
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1 TRY = 3.821 JMD
1 JMD = 0.262 TRY
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1 TRY = 0.017 JOD
1 JOD = 59.212 TRY
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1 TRY = 3.635 JPY
1 JPY = 0.275 TRY
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1 TRY = 2.083 KGS
1 KGS = 0.480 TRY
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1 TRY = 96.134 KHR
1 KHR = 0.010 TRY
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1 TRY = 3.075 KES
1 KES = 0.325 TRY
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1 TRY = 10.092 KMF
1 KMF = 0.099 TRY
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1 TRY = 34.237 KRW
1 KRW = 0.029 TRY
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1 TRY = 0.007 KWD
1 KWD = 136.920 TRY
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1 TRY = 21.438 KPW
1 KPW = 0.047 TRY
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1 TRY = 0.020 KYD
1 KYD = 50.506 TRY
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1 TRY = 12.803 KZT
1 KZT = 0.078 TRY
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1 TRY = 2134.849 LBP
1 LBP = 0.000 TRY
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1 TRY = 7.218 LKR
1 LKR = 0.139 TRY
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1 TRY = 516.429 LAK
1 LAK = 0.002 TRY
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1 TRY = 4.356 LRD
1 LRD = 0.230 TRY
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1 TRY = 0.412 LSL
1 LSL = 2.425 TRY
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1 TRY = 0.000 LTC
1 LTC = 3975.850 TRY
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1 TRY = 0.130 LYD
1 LYD = 7.717 TRY
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1 TRY = 0.404 MDL
1 MDL = 2.475 TRY
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1 TRY = 0.220 MAD
1 MAD = 4.546 TRY
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1 TRY = 106.602 MGA
1 MGA = 0.009 TRY
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1 TRY = 1.264 MKD
1 MKD = 0.791 TRY
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1 TRY = 50.014 MMK
1 MMK = 0.020 TRY
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1 TRY = 85.642 MNT
1 MNT = 0.012 TRY
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1 TRY = 0.191 MOP
1 MOP = 5.245 TRY
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1 TRY = 1.084 MUR
1 MUR = 0.922 TRY
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1 TRY = 9.540 MRO
1 MRO = 0.105 TRY
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1 TRY = 0.367 MVR
1 MVR = 2.725 TRY
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1 TRY = 41.339 MWK
1 MWK = 0.024 TRY
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1 TRY = 0.438 MXN
1 MXN = 2.282 TRY
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1 TRY = 0.101 MYR
1 MYR = 9.927 TRY
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1 TRY = 0.412 NAD
1 NAD = 2.425 TRY
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1 TRY = 34.821 NGN
1 NGN = 0.029 TRY
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1 TRY = 0.876 NIO
1 NIO = 1.142 TRY
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1 TRY = 0.041 NZD
1 NZD = 24.156 TRY
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1 TRY = 0.009 OMR
1 OMR = 109.090 TRY
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1 TRY = 0.100 PGK
1 PGK = 9.989 TRY
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1 TRY = 3.348 NPR
1 NPR = 0.299 TRY
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1 TRY = 0.024 PAB
1 PAB = 41.981 TRY
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1 TRY = 1.396 PHP
1 PHP = 0.716 TRY
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1 TRY = 0.238 NOK
1 NOK = 4.206 TRY
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1 TRY = 0.081 PEN
1 PEN = 12.372 TRY
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1 TRY = 6.730 PKR
1 PKR = 0.149 TRY
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1 TRY = 0.087 PLN
1 PLN = 11.527 TRY
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1 TRY = 168.428 PYG
1 PYG = 0.006 TRY
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1 TRY = 0.087 QAR
1 QAR = 11.533 TRY
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1 TRY = 0.104 RON
1 RON = 9.589 TRY
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1 TRY = 34.528 RWF
1 RWF = 0.029 TRY
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1 TRY = 2.404 RSD
1 RSD = 0.416 TRY
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1 TRY = 0.202 SBD
1 SBD = 4.954 TRY
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1 TRY = 0.089 SAR
1 SAR = 11.195 TRY
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1 TRY = 0.335 SCR
1 SCR = 2.982 TRY
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1 TRY = 1.936 RUB
1 RUB = 0.517 TRY
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1 TRY = 0.224 SEK
1 SEK = 4.466 TRY
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1 TRY = 0.031 SGD
1 SGD = 32.328 TRY
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1 TRY = 0.018 SHP
1 SHP = 55.908 TRY
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1 TRY = 550.513 SLL
1 SLL = 0.002 TRY
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1 TRY = 13.549 SOS
1 SOS = 0.074 TRY
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1 TRY = 0.947 SRD
1 SRD = 1.056 TRY
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1 TRY = 0.208 SVC
1 SVC = 4.798 TRY
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1 TRY = 506.284 STD
1 STD = 0.002 TRY
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1 TRY = 263.379 SYP
1 SYP = 0.004 TRY
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1 TRY = 0.412 SZL
1 SZL = 2.425 TRY
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1 TRY = 0.070 TND
1 TND = 14.292 TRY
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1 TRY = 0.781 THB
1 THB = 1.281 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 = 6.189 TRY
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1 TRY = 0.733 TWD
1 TWD = 1.364 TRY
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1 TRY = 59.211 TZS
1 TZS = 0.017 TRY
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1 TRY = 0.057 TOP
1 TOP = 17.478 TRY
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1 TRY = 0.998 UAH
1 UAH = 1.002 TRY
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1 TRY = 83.125 UGX
1 UGX = 0.012 TRY
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1 TRY = 0.947 UYU
1 UYU = 1.056 TRY
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1 TRY = 0.024 USD
1 USD = 41.981 TRY
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1 TRY = 288.349 UZS
1 UZS = 0.003 TRY
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1 TRY = 627.200 VND
1 VND = 0.002 TRY
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1 TRY = 2.905 VUV
1 VUV = 0.344 TRY
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1 TRY = 0.067 WST
1 WST = 14.958 TRY
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1 TRY = 13.456 XAF
1 XAF = 0.074 TRY
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1 TRY = 0.064 XCD
1 XCD = 15.506 TRY
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1 TRY = 2.448 XPF
1 XPF = 0.408 TRY
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1 TRY = 5.691 YER
1 YER = 0.176 TRY
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1 TRY = 0.412 ZAR
1 ZAR = 2.425 TRY
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1 TRY = 13.456 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.