Turkish Lira
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1 TRY = 0.038 AUD
1 AUD = 26.515 TRY
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1 TRY = 32.887 ARS
1 ARS = 0.030 TRY
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1 TRY = 73.296 BIF
1 BIF = 0.014 TRY
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1 TRY = 0.009 BHD
1 BHD = 108.013 TRY
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1 TRY = 0.169 BOB
1 BOB = 5.914 TRY
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1 TRY = 0.042 AZN
1 AZN = 23.889 TRY
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1 TRY = 2.152 BTN
1 BTN = 0.465 TRY
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1 TRY = 12.449 CRC
1 CRC = 0.080 TRY
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1 TRY = 0.517 CZK
1 CZK = 1.933 TRY
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1 TRY = 0.177 CNY
1 CNY = 5.657 TRY
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1 TRY = 0.158 DKK
1 DKK = 6.340 TRY
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1 TRY = 3.408 ETB
1 ETB = 0.293 TRY
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1 TRY = 213.590 GNF
1 GNF = 0.005 TRY
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1 TRY = 0.159 HRK
1 HRK = 6.281 TRY
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1 TRY = 401.458 IDR
1 IDR = 0.002 TRY
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1 TRY = 3.921 JMD
1 JMD = 0.255 TRY
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1 TRY = 2.154 KGS
1 KGS = 0.464 TRY
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1 TRY = 0.041 BAM
1 BAM = 24.195 TRY
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1 TRY = 0.044 ANG
1 ANG = 22.728 TRY
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1 TRY = 0.339 BWP
1 BWP = 2.950 TRY
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1 TRY = 0.032 BND
1 BND = 31.640 TRY
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1 TRY = 71.680 CDF
1 CDF = 0.014 TRY
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1 TRY = 0.049 BZD
1 BZD = 20.248 TRY
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1 TRY = 813.542 BYR
1 BYR = 0.001 TRY
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1 TRY = 0.041 BGN
1 BGN = 24.195 TRY
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1 TRY = 0.034 CAD
1 CAD = 29.569 TRY
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1 TRY = 3.196 DZD
1 DZD = 0.313 TRY
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1 TRY = 0.369 ERN
1 ERN = 2.708 TRY
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1 TRY = 1.196 EGP
1 EGP = 0.836 TRY
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1 TRY = 0.055 FJD
1 FJD = 18.035 TRY
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1 TRY = 0.018 GBP
1 GBP = 54.494 TRY
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1 TRY = 0.018 FKP
1 FKP = 54.494 TRY
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1 TRY = 0.188 GTQ
1 GTQ = 5.315 TRY
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1 TRY = 0.193 HKD
1 HKD = 5.174 TRY
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1 TRY = 8.382 HUF
1 HUF = 0.119 TRY
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1 TRY = 32.251 IQD
1 IQD = 0.031 TRY
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1 TRY = 1036.959 IRR
1 IRR = 0.001 TRY
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1 TRY = 10.396 KMF
1 KMF = 0.096 TRY
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1 TRY = 34.077 KRW
1 KRW = 0.029 TRY
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1 TRY = 2.055 ALL
1 ALL = 0.487 TRY
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1 TRY = 2.992 BDT
1 BDT = 0.334 TRY
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1 TRY = 0.044 AWG
1 AWG = 22.689 TRY
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1 TRY = 0.134 BRL
1 BRL = 7.446 TRY
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1 TRY = 0.000 BCH
1 BCH = 23421.569 TRY
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1 TRY = 0.000 BTC
1 BTC = 4512555.556 TRY
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1 TRY = 0.090 AED
1 AED = 11.059 TRY
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1 TRY = 22.541 AOA
1 AOA = 0.044 TRY
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1 TRY = 0.025 BSD
1 BSD = 40.613 TRY
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1 TRY = 23.977 CLP
1 CLP = 0.042 TRY
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1 TRY = 0.081 BYN
1 BYN = 12.292 TRY
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1 TRY = 99.731 COP
1 COP = 0.010 TRY
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1 TRY = 0.586 CUP
1 CUP = 1.707 TRY
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1 TRY = 0.000 ETH
1 ETH = 156203.846 TRY
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1 TRY = 0.021 EUR
1 EUR = 47.321 TRY
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1 TRY = 0.645 HNL
1 HNL = 1.550 TRY
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1 TRY = 1.789 GMD
1 GMD = 0.559 TRY
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1 TRY = 0.018 GIP
1 GIP = 54.494 TRY
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1 TRY = 3.202 HTG
1 HTG = 0.312 TRY
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1 TRY = 0.017 JOD
1 JOD = 57.282 TRY
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1 TRY = 3.625 JPY
1 JPY = 0.276 TRY
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1 TRY = 1.702 AFN
1 AFN = 0.588 TRY
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1 TRY = 0.049 BBD
1 BBD = 20.307 TRY
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1 TRY = 0.025 BMD
1 BMD = 40.613 TRY
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1 TRY = 9.456 AMD
1 AMD = 0.106 TRY
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1 TRY = 0.020 CHF
1 CHF = 50.262 TRY
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1 TRY = 4.383 DJF
1 DJF = 0.228 TRY
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1 TRY = 1.501 DOP
1 DOP = 0.666 TRY
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1 TRY = 2.330 CVE
1 CVE = 0.429 TRY
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1 TRY = 0.066 GEL
1 GEL = 15.060 TRY
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1 TRY = 0.260 GHS
1 GHS = 3.848 TRY
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1 TRY = 5.157 GYD
1 GYD = 0.194 TRY
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1 TRY = 0.084 ILS
1 ILS = 11.905 TRY
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1 TRY = 2.152 INR
1 INR = 0.465 TRY
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1 TRY = 3.018 ISK
1 ISK = 0.331 TRY
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1 TRY = 98.615 KHR
1 KHR = 0.010 TRY
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1 TRY = 3.181 KES
1 KES = 0.314 TRY
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1 TRY = 0.008 KWD
1 KWD = 132.939 TRY
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1 TRY = 13.275 KZT
1 KZT = 0.075 TRY
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1 TRY = 7.401 LKR
1 LKR = 0.135 TRY
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1 TRY = 0.223 MAD
1 MAD = 4.492 TRY
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1 TRY = 51.680 MMK
1 MMK = 0.019 TRY
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1 TRY = 88.419 MNT
1 MNT = 0.011 TRY
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1 TRY = 1.119 MUR
1 MUR = 0.894 TRY
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1 TRY = 9.815 MRO
1 MRO = 0.102 TRY
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1 TRY = 0.380 MVR
1 MVR = 2.630 TRY
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1 TRY = 42.704 MWK
1 MWK = 0.023 TRY
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1 TRY = 0.041 NZD
1 NZD = 24.203 TRY
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1 TRY = 3.445 NPR
1 NPR = 0.290 TRY
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1 TRY = 1.406 PHP
1 PHP = 0.711 TRY
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1 TRY = 6.988 PKR
1 PKR = 0.143 TRY
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1 TRY = 35.615 RWF
1 RWF = 0.028 TRY
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1 TRY = 0.000 LTC
1 LTC = 4884.305 TRY
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1 TRY = 0.458 MXN
1 MXN = 2.181 TRY
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1 TRY = 0.906 NIO
1 NIO = 1.104 TRY
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1 TRY = 0.107 RON
1 RON = 9.329 TRY
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1 TRY = 22.159 KPW
1 KPW = 0.045 TRY
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1 TRY = 0.020 KYD
1 KYD = 48.821 TRY
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1 TRY = 2208.793 LBP
1 LBP = 0.000 TRY
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1 TRY = 0.134 LYD
1 LYD = 7.459 TRY
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1 TRY = 531.926 LAK
1 LAK = 0.002 TRY
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1 TRY = 108.538 MGA
1 MGA = 0.009 TRY
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1 TRY = 4.939 LRD
1 LRD = 0.202 TRY
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1 TRY = 1.299 MKD
1 MKD = 0.770 TRY
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1 TRY = 0.436 LSL
1 LSL = 2.295 TRY
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1 TRY = 0.199 MOP
1 MOP = 5.023 TRY
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1 TRY = 0.418 MDL
1 MDL = 2.394 TRY
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1 TRY = 0.436 NAD
1 NAD = 2.295 TRY
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1 TRY = 0.104 MYR
1 MYR = 9.596 TRY
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1 TRY = 0.009 OMR
1 OMR = 105.587 TRY
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1 TRY = 37.725 NGN
1 NGN = 0.027 TRY
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1 TRY = 0.103 PGK
1 PGK = 9.721 TRY
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1 TRY = 0.025 PAB
1 PAB = 40.613 TRY
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1 TRY = 0.088 PEN
1 PEN = 11.415 TRY
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1 TRY = 0.252 NOK
1 NOK = 3.975 TRY
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1 TRY = 0.090 PLN
1 PLN = 11.124 TRY
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1 TRY = 182.810 PYG
1 PYG = 0.005 TRY
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1 TRY = 0.090 QAR
1 QAR = 11.157 TRY
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1 TRY = 0.209 SBD
1 SBD = 4.778 TRY
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1 TRY = 0.092 SAR
1 SAR = 10.830 TRY
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1 TRY = 0.032 SGD
1 SGD = 31.640 TRY
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1 TRY = 559.402 SLL
1 SLL = 0.002 TRY
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1 TRY = 0.796 THB
1 THB = 1.256 TRY
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1 TRY = 0.734 TWD
1 TWD = 1.362 TRY
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1 TRY = 1.022 UAH
1 UAH = 0.979 TRY
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1 TRY = 87.868 UGX
1 UGX = 0.011 TRY
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1 TRY = 0.915 SRD
1 SRD = 1.093 TRY
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1 TRY = 523.677 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 = 6.008 TRY
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1 TRY = 0.059 TOP
1 TOP = 16.860 TRY
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1 TRY = 308.399 UZS
1 UZS = 0.003 TRY
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1 TRY = 5.919 YER
1 YER = 0.169 TRY
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1 TRY = 0.436 ZAR
1 ZAR = 2.295 TRY
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1 TRY = 2.476 RSD
1 RSD = 0.404 TRY
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1 TRY = 1.949 RUB
1 RUB = 0.513 TRY
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1 TRY = 13.866 SOS
1 SOS = 0.072 TRY
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1 TRY = 0.215 SVC
1 SVC = 4.641 TRY
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1 TRY = 320.144 SYP
1 SYP = 0.003 TRY
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1 TRY = 0.436 SZL
1 SZL = 2.295 TRY
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1 TRY = 0.071 TND
1 TND = 14.059 TRY
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1 TRY = 0.988 UYU
1 UYU = 1.012 TRY
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1 TRY = 645.392 VND
1 VND = 0.002 TRY
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1 TRY = 2.957 VUV
1 VUV = 0.338 TRY
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1 TRY = 0.068 WST
1 WST = 14.703 TRY
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1 TRY = 13.862 XAF
1 XAF = 0.072 TRY
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1 TRY = 0.067 XCD
1 XCD = 15.001 TRY
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1 TRY = 0.364 SCR
1 SCR = 2.750 TRY
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1 TRY = 0.236 SEK
1 SEK = 4.237 TRY
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1 TRY = 0.018 SHP
1 SHP = 54.494 TRY
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1 TRY = 60.870 TZS
1 TZS = 0.016 TRY
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1 TRY = 0.025 USD
1 USD = 40.613 TRY
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1 TRY = 2.522 XPF
1 XPF = 0.397 TRY
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1 TRY = 13.862 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.