Turkish Lira
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1 TRY = 0.037 AUD
1 AUD = 27.177 TRY
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1 TRY = 32.448 ARS
1 ARS = 0.031 TRY
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1 TRY = 70.265 BIF
1 BIF = 0.014 TRY
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1 TRY = 0.009 BHD
1 BHD = 111.274 TRY
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1 TRY = 0.165 BOB
1 BOB = 6.049 TRY
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1 TRY = 0.041 AZN
1 AZN = 24.611 TRY
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1 TRY = 2.121 BTN
1 BTN = 0.471 TRY
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1 TRY = 12.017 CRC
1 CRC = 0.083 TRY
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1 TRY = 0.501 CZK
1 CZK = 1.997 TRY
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1 TRY = 0.171 CNY
1 CNY = 5.861 TRY
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1 TRY = 0.154 DKK
1 DKK = 6.504 TRY
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1 TRY = 3.502 ETB
1 ETB = 0.286 TRY
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1 TRY = 207.331 GNF
1 GNF = 0.005 TRY
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1 TRY = 0.155 HRK
1 HRK = 6.447 TRY
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1 TRY = 396.558 IDR
1 IDR = 0.003 TRY
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1 TRY = 3.832 JMD
1 JMD = 0.261 TRY
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1 TRY = 2.090 KGS
1 KGS = 0.478 TRY
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1 TRY = 0.040 BAM
1 BAM = 24.835 TRY
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1 TRY = 0.043 ANG
1 ANG = 23.285 TRY
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1 TRY = 0.331 BWP
1 BWP = 3.021 TRY
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1 TRY = 0.031 BND
1 BND = 32.241 TRY
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1 TRY = 53.696 CDF
1 CDF = 0.019 TRY
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1 TRY = 0.048 BZD
1 BZD = 20.813 TRY
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1 TRY = 810.894 BYR
1 BYR = 0.001 TRY
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1 TRY = 0.040 BGN
1 BGN = 24.835 TRY
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1 TRY = 0.034 CAD
1 CAD = 29.789 TRY
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1 TRY = 3.117 DZD
1 DZD = 0.321 TRY
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1 TRY = 0.359 ERN
1 ERN = 2.789 TRY
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1 TRY = 1.140 EGP
1 EGP = 0.877 TRY
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1 TRY = 0.054 FJD
1 FJD = 18.381 TRY
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1 TRY = 0.018 GBP
1 GBP = 55.759 TRY
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1 TRY = 0.018 FKP
1 FKP = 55.759 TRY
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1 TRY = 0.183 GTQ
1 GTQ = 5.470 TRY
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1 TRY = 0.186 HKD
1 HKD = 5.383 TRY
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1 TRY = 8.068 HUF
1 HUF = 0.124 TRY
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1 TRY = 31.305 IQD
1 IQD = 0.032 TRY
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1 TRY = 1005.648 IRR
1 IRR = 0.001 TRY
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1 TRY = 10.129 KMF
1 KMF = 0.099 TRY
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1 TRY = 34.135 KRW
1 KRW = 0.029 TRY
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1 TRY = 1.990 ALL
1 ALL = 0.502 TRY
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1 TRY = 2.904 BDT
1 BDT = 0.344 TRY
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1 TRY = 0.043 AWG
1 AWG = 23.374 TRY
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1 TRY = 0.131 BRL
1 BRL = 7.630 TRY
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1 TRY = 0.000 BCH
1 BCH = 2246.269 TRY
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1 TRY = 0.000 BTC
1 BTC = 4648777.778 TRY
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1 TRY = 0.088 AED
1 AED = 11.393 TRY
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1 TRY = 21.935 AOA
1 AOA = 0.046 TRY
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1 TRY = 0.024 BSD
1 BSD = 41.839 TRY
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1 TRY = 22.976 CLP
1 CLP = 0.044 TRY
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1 TRY = 0.081 BYN
1 BYN = 12.332 TRY
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1 TRY = 93.816 COP
1 COP = 0.011 TRY
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1 TRY = 0.572 CUP
1 CUP = 1.749 TRY
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1 TRY = 0.000 ETH
1 ETH = 171471.311 TRY
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1 TRY = 0.021 EUR
1 EUR = 48.571 TRY
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1 TRY = 0.627 HNL
1 HNL = 1.596 TRY
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1 TRY = 1.751 GMD
1 GMD = 0.571 TRY
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1 TRY = 0.018 GIP
1 GIP = 55.759 TRY
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1 TRY = 3.121 HTG
1 HTG = 0.320 TRY
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1 TRY = 0.017 JOD
1 JOD = 59.011 TRY
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1 TRY = 3.623 JPY
1 JPY = 0.276 TRY
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1 TRY = 1.585 AFN
1 AFN = 0.631 TRY
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1 TRY = 0.048 BBD
1 BBD = 20.920 TRY
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1 TRY = 0.024 BMD
1 BMD = 41.839 TRY
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1 TRY = 9.129 AMD
1 AMD = 0.110 TRY
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1 TRY = 0.019 CHF
1 CHF = 52.225 TRY
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1 TRY = 4.250 DJF
1 DJF = 0.235 TRY
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1 TRY = 1.504 DOP
1 DOP = 0.665 TRY
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1 TRY = 2.270 CVE
1 CVE = 0.440 TRY
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1 TRY = 0.065 GEL
1 GEL = 15.454 TRY
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1 TRY = 0.271 GHS
1 GHS = 3.690 TRY
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1 TRY = 4.988 GYD
1 GYD = 0.200 TRY
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1 TRY = 0.079 ILS
1 ILS = 12.631 TRY
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1 TRY = 2.121 INR
1 INR = 0.471 TRY
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1 TRY = 2.915 ISK
1 ISK = 0.343 TRY
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1 TRY = 95.891 KHR
1 KHR = 0.010 TRY
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1 TRY = 3.077 KES
1 KES = 0.325 TRY
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1 TRY = 0.007 KWD
1 KWD = 136.372 TRY
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1 TRY = 12.847 KZT
1 KZT = 0.078 TRY
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1 TRY = 7.225 LKR
1 LKR = 0.138 TRY
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1 TRY = 0.219 MAD
1 MAD = 4.565 TRY
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1 TRY = 50.178 MMK
1 MMK = 0.020 TRY
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1 TRY = 85.933 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 = 9.542 MRO
1 MRO = 0.105 TRY
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1 TRY = 0.368 MVR
1 MVR = 2.716 TRY
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1 TRY = 41.367 MWK
1 MWK = 0.024 TRY
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1 TRY = 0.042 NZD
1 NZD = 23.897 TRY
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1 TRY = 3.396 NPR
1 NPR = 0.294 TRY
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1 TRY = 1.389 PHP
1 PHP = 0.720 TRY
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1 TRY = 6.749 PKR
1 PKR = 0.148 TRY
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1 TRY = 34.579 RWF
1 RWF = 0.029 TRY
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1 TRY = 0.002 LTC
1 LTC = 406.994 TRY
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1 TRY = 0.442 MXN
1 MXN = 2.262 TRY
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1 TRY = 0.877 NIO
1 NIO = 1.140 TRY
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1 TRY = 0.105 RON
1 RON = 9.544 TRY
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1 TRY = 21.512 KPW
1 KPW = 0.046 TRY
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1 TRY = 0.020 KYD
1 KYD = 50.387 TRY
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1 TRY = 2142.250 LBP
1 LBP = 0.000 TRY
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1 TRY = 0.130 LYD
1 LYD = 7.704 TRY
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1 TRY = 517.431 LAK
1 LAK = 0.002 TRY
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1 TRY = 107.076 MGA
1 MGA = 0.009 TRY
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1 TRY = 4.373 LRD
1 LRD = 0.229 TRY
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1 TRY = 1.269 MKD
1 MKD = 0.788 TRY
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1 TRY = 0.415 LSL
1 LSL = 2.408 TRY
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1 TRY = 0.191 MOP
1 MOP = 5.226 TRY
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1 TRY = 0.405 MDL
1 MDL = 2.472 TRY
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1 TRY = 0.415 NAD
1 NAD = 2.408 TRY
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1 TRY = 0.101 MYR
1 MYR = 9.904 TRY
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1 TRY = 0.009 OMR
1 OMR = 108.701 TRY
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1 TRY = 34.903 NGN
1 NGN = 0.029 TRY
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1 TRY = 0.101 PGK
1 PGK = 9.899 TRY
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1 TRY = 0.024 PAB
1 PAB = 41.839 TRY
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1 TRY = 0.082 PEN
1 PEN = 12.240 TRY
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1 TRY = 0.243 NOK
1 NOK = 4.119 TRY
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1 TRY = 0.088 PLN
1 PLN = 11.399 TRY
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1 TRY = 167.793 PYG
1 PYG = 0.006 TRY
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1 TRY = 0.087 QAR
1 QAR = 11.494 TRY
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1 TRY = 0.203 SBD
1 SBD = 4.924 TRY
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1 TRY = 0.090 SAR
1 SAR = 11.157 TRY
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1 TRY = 0.031 SGD
1 SGD = 32.241 TRY
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1 TRY = 542.434 SLL
1 SLL = 0.002 TRY
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1 TRY = 0.779 THB
1 THB = 1.283 TRY
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1 TRY = 0.734 TWD
1 TWD = 1.362 TRY
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1 TRY = 0.997 UAH
1 UAH = 1.003 TRY
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1 TRY = 82.460 UGX
1 UGX = 0.012 TRY
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1 TRY = 0.930 SRD
1 SRD = 1.075 TRY
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1 TRY = 510.533 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 = 6.173 TRY
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1 TRY = 0.058 TOP
1 TOP = 17.373 TRY
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1 TRY = 290.643 UZS
1 UZS = 0.003 TRY
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1 TRY = 5.707 YER
1 YER = 0.175 TRY
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1 TRY = 0.415 ZAR
1 ZAR = 2.408 TRY
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1 TRY = 2.412 RSD
1 RSD = 0.415 TRY
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1 TRY = 1.900 RUB
1 RUB = 0.526 TRY
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1 TRY = 13.665 SOS
1 SOS = 0.073 TRY
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1 TRY = 0.209 SVC
1 SVC = 4.782 TRY
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1 TRY = 310.760 SYP
1 SYP = 0.003 TRY
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1 TRY = 0.415 SZL
1 SZL = 2.408 TRY
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1 TRY = 0.070 TND
1 TND = 14.269 TRY
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1 TRY = 0.956 UYU
1 UYU = 1.046 TRY
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1 TRY = 630.299 VND
1 VND = 0.002 TRY
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1 TRY = 2.942 VUV
1 VUV = 0.340 TRY
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1 TRY = 0.067 WST
1 WST = 14.926 TRY
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1 TRY = 13.505 XAF
1 XAF = 0.074 TRY
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1 TRY = 0.065 XCD
1 XCD = 15.458 TRY
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1 TRY = 0.331 SCR
1 SCR = 3.024 TRY
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1 TRY = 0.228 SEK
1 SEK = 4.387 TRY
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1 TRY = 0.018 SHP
1 SHP = 55.759 TRY
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1 TRY = 58.562 TZS
1 TZS = 0.017 TRY
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1 TRY = 0.024 USD
1 USD = 41.839 TRY
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1 TRY = 2.457 XPF
1 XPF = 0.407 TRY
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1 TRY = 13.505 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.