Turkish Lira
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1 TRY = 0.038 AUD
1 AUD = 26.452 TRY
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1 TRY = 32.744 ARS
1 ARS = 0.031 TRY
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1 TRY = 73.155 BIF
1 BIF = 0.014 TRY
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1 TRY = 0.009 BHD
1 BHD = 108.140 TRY
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1 TRY = 0.168 BOB
1 BOB = 5.966 TRY
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1 TRY = 0.042 AZN
1 AZN = 23.918 TRY
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1 TRY = 2.157 BTN
1 BTN = 0.464 TRY
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1 TRY = 12.402 CRC
1 CRC = 0.081 TRY
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1 TRY = 0.518 CZK
1 CZK = 1.931 TRY
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1 TRY = 0.177 CNY
1 CNY = 5.661 TRY
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1 TRY = 0.157 DKK
1 DKK = 6.353 TRY
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1 TRY = 3.404 ETB
1 ETB = 0.294 TRY
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1 TRY = 213.128 GNF
1 GNF = 0.005 TRY
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1 TRY = 0.173 HRK
1 HRK = 5.792 TRY
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1 TRY = 402.026 IDR
1 IDR = 0.002 TRY
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1 TRY = 3.922 JMD
1 JMD = 0.255 TRY
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1 TRY = 2.151 KGS
1 KGS = 0.465 TRY
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1 TRY = 0.041 BAM
1 BAM = 24.243 TRY
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1 TRY = 0.044 ANG
1 ANG = 22.576 TRY
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1 TRY = 0.350 BWP
1 BWP = 2.856 TRY
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1 TRY = 0.032 BND
1 BND = 31.650 TRY
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1 TRY = 71.617 CDF
1 CDF = 0.014 TRY
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1 TRY = 0.049 BZD
1 BZD = 20.356 TRY
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1 TRY = 811.610 BYR
1 BYR = 0.001 TRY
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1 TRY = 0.041 BGN
1 BGN = 24.243 TRY
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1 TRY = 0.034 CAD
1 CAD = 29.578 TRY
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1 TRY = 3.206 DZD
1 DZD = 0.312 TRY
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1 TRY = 0.369 ERN
1 ERN = 2.711 TRY
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1 TRY = 1.192 EGP
1 EGP = 0.839 TRY
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1 TRY = 0.055 FJD
1 FJD = 18.024 TRY
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1 TRY = 0.018 GBP
1 GBP = 54.335 TRY
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1 TRY = 0.018 FKP
1 FKP = 54.335 TRY
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1 TRY = 0.188 GTQ
1 GTQ = 5.324 TRY
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1 TRY = 0.193 HKD
1 HKD = 5.180 TRY
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1 TRY = 8.394 HUF
1 HUF = 0.119 TRY
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1 TRY = 32.171 IQD
1 IQD = 0.031 TRY
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1 TRY = 1036.106 IRR
1 IRR = 0.001 TRY
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1 TRY = 10.376 KMF
1 KMF = 0.096 TRY
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1 TRY = 34.049 KRW
1 KRW = 0.029 TRY
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1 TRY = 2.053 ALL
1 ALL = 0.487 TRY
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1 TRY = 2.991 BDT
1 BDT = 0.334 TRY
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1 TRY = 0.044 AWG
1 AWG = 22.716 TRY
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1 TRY = 0.134 BRL
1 BRL = 7.444 TRY
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1 TRY = 0.000 BCH
1 BCH = 23234.743 TRY
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1 TRY = 0.000 BTC
1 BTC = 4517866.667 TRY
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1 TRY = 0.090 AED
1 AED = 11.072 TRY
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1 TRY = 22.553 AOA
1 AOA = 0.044 TRY
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1 TRY = 0.025 BSD
1 BSD = 40.661 TRY
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1 TRY = 23.949 CLP
1 CLP = 0.042 TRY
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1 TRY = 0.081 BYN
1 BYN = 12.321 TRY
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1 TRY = 99.525 COP
1 COP = 0.010 TRY
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1 TRY = 0.583 CUP
1 CUP = 1.716 TRY
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1 TRY = 0.000 ETH
1 ETH = 149488.235 TRY
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1 TRY = 0.021 EUR
1 EUR = 47.416 TRY
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1 TRY = 0.645 HNL
1 HNL = 1.550 TRY
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1 TRY = 1.787 GMD
1 GMD = 0.560 TRY
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1 TRY = 0.018 GIP
1 GIP = 54.335 TRY
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1 TRY = 3.176 HTG
1 HTG = 0.315 TRY
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1 TRY = 0.017 JOD
1 JOD = 57.350 TRY
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1 TRY = 3.618 JPY
1 JPY = 0.276 TRY
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1 TRY = 1.704 AFN
1 AFN = 0.587 TRY
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1 TRY = 0.049 BBD
1 BBD = 20.330 TRY
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1 TRY = 0.025 BMD
1 BMD = 40.661 TRY
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1 TRY = 9.445 AMD
1 AMD = 0.106 TRY
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1 TRY = 0.020 CHF
1 CHF = 50.416 TRY
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1 TRY = 4.375 DJF
1 DJF = 0.229 TRY
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1 TRY = 1.497 DOP
1 DOP = 0.668 TRY
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1 TRY = 2.326 CVE
1 CVE = 0.430 TRY
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1 TRY = 0.066 GEL
1 GEL = 15.069 TRY
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1 TRY = 0.260 GHS
1 GHS = 3.849 TRY
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1 TRY = 5.145 GYD
1 GYD = 0.194 TRY
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1 TRY = 0.084 ILS
1 ILS = 11.851 TRY
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1 TRY = 2.157 INR
1 INR = 0.464 TRY
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1 TRY = 3.013 ISK
1 ISK = 0.332 TRY
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1 TRY = 98.356 KHR
1 KHR = 0.010 TRY
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1 TRY = 3.183 KES
1 KES = 0.314 TRY
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1 TRY = 0.008 KWD
1 KWD = 133.109 TRY
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1 TRY = 13.219 KZT
1 KZT = 0.076 TRY
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1 TRY = 7.352 LKR
1 LKR = 0.136 TRY
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1 TRY = 0.223 MAD
1 MAD = 4.487 TRY
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1 TRY = 51.623 MMK
1 MMK = 0.019 TRY
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1 TRY = 88.261 MNT
1 MNT = 0.011 TRY
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1 TRY = 1.122 MUR
1 MUR = 0.891 TRY
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1 TRY = 9.804 MRO
1 MRO = 0.102 TRY
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1 TRY = 0.380 MVR
1 MVR = 2.633 TRY
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1 TRY = 42.632 MWK
1 MWK = 0.023 TRY
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1 TRY = 0.041 NZD
1 NZD = 24.136 TRY
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1 TRY = 3.453 NPR
1 NPR = 0.290 TRY
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1 TRY = 1.408 PHP
1 PHP = 0.710 TRY
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1 TRY = 6.974 PKR
1 PKR = 0.143 TRY
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1 TRY = 35.495 RWF
1 RWF = 0.028 TRY
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1 TRY = 0.000 LTC
1 LTC = 4854.441 TRY
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1 TRY = 0.458 MXN
1 MXN = 2.184 TRY
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1 TRY = 0.904 NIO
1 NIO = 1.106 TRY
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1 TRY = 0.107 RON
1 RON = 9.342 TRY
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1 TRY = 22.135 KPW
1 KPW = 0.045 TRY
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1 TRY = 0.020 KYD
1 KYD = 48.900 TRY
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1 TRY = 2201.814 LBP
1 LBP = 0.000 TRY
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1 TRY = 0.134 LYD
1 LYD = 7.474 TRY
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1 TRY = 529.992 LAK
1 LAK = 0.002 TRY
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1 TRY = 108.436 MGA
1 MGA = 0.009 TRY
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1 TRY = 4.934 LRD
1 LRD = 0.203 TRY
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1 TRY = 1.306 MKD
1 MKD = 0.766 TRY
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1 TRY = 0.437 LSL
1 LSL = 2.289 TRY
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1 TRY = 0.199 MOP
1 MOP = 5.029 TRY
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1 TRY = 0.418 MDL
1 MDL = 2.392 TRY
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1 TRY = 0.437 NAD
1 NAD = 2.289 TRY
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1 TRY = 0.104 MYR
1 MYR = 9.613 TRY
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1 TRY = 0.009 OMR
1 OMR = 105.686 TRY
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1 TRY = 37.634 NGN
1 NGN = 0.027 TRY
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1 TRY = 0.102 PGK
1 PGK = 9.814 TRY
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1 TRY = 0.025 PAB
1 PAB = 40.661 TRY
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1 TRY = 0.087 PEN
1 PEN = 11.433 TRY
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1 TRY = 0.251 NOK
1 NOK = 3.990 TRY
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1 TRY = 0.090 PLN
1 PLN = 11.094 TRY
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1 TRY = 181.710 PYG
1 PYG = 0.006 TRY
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1 TRY = 0.090 QAR
1 QAR = 11.171 TRY
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1 TRY = 0.209 SBD
1 SBD = 4.785 TRY
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1 TRY = 0.092 SAR
1 SAR = 10.843 TRY
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1 TRY = 0.032 SGD
1 SGD = 31.650 TRY
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1 TRY = 558.238 SLL
1 SLL = 0.002 TRY
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1 TRY = 0.795 THB
1 THB = 1.258 TRY
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1 TRY = 0.735 TWD
1 TWD = 1.360 TRY
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1 TRY = 1.022 UAH
1 UAH = 0.978 TRY
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1 TRY = 87.790 UGX
1 UGX = 0.011 TRY
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1 TRY = 0.912 SRD
1 SRD = 1.096 TRY
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1 TRY = 523.027 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 = 0.166 TTD
1 TTD = 6.035 TRY
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1 TRY = 0.059 TOP
1 TOP = 16.884 TRY
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1 TRY = 307.682 UZS
1 UZS = 0.003 TRY
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1 TRY = 5.913 YER
1 YER = 0.169 TRY
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1 TRY = 0.437 ZAR
1 ZAR = 2.289 TRY
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1 TRY = 2.471 RSD
1 RSD = 0.405 TRY
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1 TRY = 1.968 RUB
1 RUB = 0.508 TRY
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1 TRY = 13.856 SOS
1 SOS = 0.072 TRY
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1 TRY = 0.215 SVC
1 SVC = 4.647 TRY
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1 TRY = 319.772 SYP
1 SYP = 0.003 TRY
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1 TRY = 0.437 SZL
1 SZL = 2.289 TRY
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1 TRY = 0.071 TND
1 TND = 14.085 TRY
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1 TRY = 0.987 UYU
1 UYU = 1.013 TRY
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1 TRY = 645.135 VND
1 VND = 0.002 TRY
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1 TRY = 2.960 VUV
1 VUV = 0.338 TRY
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1 TRY = 0.066 WST
1 WST = 15.185 TRY
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1 TRY = 13.834 XAF
1 XAF = 0.072 TRY
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1 TRY = 0.067 XCD
1 XCD = 15.019 TRY
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1 TRY = 0.354 SCR
1 SCR = 2.823 TRY
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1 TRY = 0.236 SEK
1 SEK = 4.233 TRY
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1 TRY = 0.018 SHP
1 SHP = 54.335 TRY
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1 TRY = 60.803 TZS
1 TZS = 0.016 TRY
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1 TRY = 0.025 USD
1 USD = 40.661 TRY
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1 TRY = 2.517 XPF
1 XPF = 0.397 TRY
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1 TRY = 13.834 XOF
1 XOF = 0.072 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.