Turkish Lira
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1 TRY = 0.037 AUD
1 AUD = 27.149 TRY
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1 TRY = 32.441 ARS
1 ARS = 0.031 TRY
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1 TRY = 70.519 BIF
1 BIF = 0.014 TRY
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1 TRY = 0.009 BHD
1 BHD = 111.258 TRY
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1 TRY = 0.165 BOB
1 BOB = 6.048 TRY
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1 TRY = 0.041 AZN
1 AZN = 24.608 TRY
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1 TRY = 2.122 BTN
1 BTN = 0.471 TRY
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1 TRY = 12.035 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 = 5.860 TRY
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1 TRY = 0.154 DKK
1 DKK = 6.501 TRY
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1 TRY = 3.519 ETB
1 ETB = 0.284 TRY
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1 TRY = 207.425 GNF
1 GNF = 0.005 TRY
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1 TRY = 0.168 HRK
1 HRK = 5.959 TRY
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1 TRY = 396.682 IDR
1 IDR = 0.003 TRY
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1 TRY = 3.843 JMD
1 JMD = 0.260 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 = 24.825 TRY
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1 TRY = 0.043 ANG
1 ANG = 23.227 TRY
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1 TRY = 0.321 BWP
1 BWP = 3.114 TRY
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1 TRY = 0.031 BND
1 BND = 32.222 TRY
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1 TRY = 53.706 CDF
1 CDF = 0.019 TRY
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1 TRY = 0.048 BZD
1 BZD = 20.787 TRY
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1 TRY = 813.979 BYR
1 BYR = 0.001 TRY
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1 TRY = 0.040 BGN
1 BGN = 24.825 TRY
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1 TRY = 0.034 CAD
1 CAD = 29.799 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 = 0.878 TRY
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1 TRY = 0.054 FJD
1 FJD = 18.370 TRY
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1 TRY = 0.018 GBP
1 GBP = 55.727 TRY
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1 TRY = 0.018 FKP
1 FKP = 55.727 TRY
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1 TRY = 0.183 GTQ
1 GTQ = 5.463 TRY
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1 TRY = 0.186 HKD
1 HKD = 5.381 TRY
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1 TRY = 8.069 HUF
1 HUF = 0.124 TRY
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1 TRY = 31.315 IQD
1 IQD = 0.032 TRY
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1 TRY = 1006.504 IRR
1 IRR = 0.001 TRY
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1 TRY = 10.132 KMF
1 KMF = 0.099 TRY
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1 TRY = 34.192 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 = 2.911 BDT
1 BDT = 0.343 TRY
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1 TRY = 0.043 AWG
1 AWG = 23.370 TRY
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1 TRY = 0.131 BRL
1 BRL = 7.629 TRY
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1 TRY = 0.000 BCH
1 BCH = 2238.495 TRY
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1 TRY = 0.000 BTC
1 BTC = 4648111.111 TRY
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1 TRY = 0.088 AED
1 AED = 11.391 TRY
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1 TRY = 21.941 AOA
1 AOA = 0.046 TRY
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1 TRY = 0.024 BSD
1 BSD = 41.833 TRY
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1 TRY = 22.980 CLP
1 CLP = 0.044 TRY
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1 TRY = 0.081 BYN
1 BYN = 12.285 TRY
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1 TRY = 93.832 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 = 172152.263 TRY
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1 TRY = 0.021 EUR
1 EUR = 48.554 TRY
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1 TRY = 0.627 HNL
1 HNL = 1.595 TRY
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1 TRY = 1.746 GMD
1 GMD = 0.573 TRY
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1 TRY = 0.018 GIP
1 GIP = 55.727 TRY
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1 TRY = 3.130 HTG
1 HTG = 0.319 TRY
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1 TRY = 0.017 JOD
1 JOD = 59.003 TRY
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1 TRY = 3.628 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 = 20.917 TRY
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1 TRY = 0.024 BMD
1 BMD = 41.833 TRY
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1 TRY = 9.112 AMD
1 AMD = 0.110 TRY
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1 TRY = 0.019 CHF
1 CHF = 52.219 TRY
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1 TRY = 4.252 DJF
1 DJF = 0.235 TRY
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1 TRY = 1.508 DOP
1 DOP = 0.663 TRY
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1 TRY = 2.271 CVE
1 CVE = 0.440 TRY
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1 TRY = 0.065 GEL
1 GEL = 15.450 TRY
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1 TRY = 0.271 GHS
1 GHS = 3.690 TRY
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1 TRY = 5.000 GYD
1 GYD = 0.200 TRY
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1 TRY = 0.079 ILS
1 ILS = 12.630 TRY
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1 TRY = 2.122 INR
1 INR = 0.471 TRY
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1 TRY = 2.917 ISK
1 ISK = 0.343 TRY
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1 TRY = 96.127 KHR
1 KHR = 0.010 TRY
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1 TRY = 3.088 KES
1 KES = 0.324 TRY
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1 TRY = 0.007 KWD
1 KWD = 136.336 TRY
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1 TRY = 12.879 KZT
1 KZT = 0.078 TRY
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1 TRY = 7.235 LKR
1 LKR = 0.138 TRY
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1 TRY = 0.219 MAD
1 MAD = 4.563 TRY
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1 TRY = 50.175 MMK
1 MMK = 0.020 TRY
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1 TRY = 85.973 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 = 9.568 MRO
1 MRO = 0.105 TRY
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1 TRY = 0.368 MVR
1 MVR = 2.714 TRY
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1 TRY = 41.509 MWK
1 MWK = 0.024 TRY
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1 TRY = 0.042 NZD
1 NZD = 23.913 TRY
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1 TRY = 3.397 NPR
1 NPR = 0.294 TRY
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1 TRY = 1.391 PHP
1 PHP = 0.719 TRY
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1 TRY = 6.754 PKR
1 PKR = 0.148 TRY
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1 TRY = 34.665 RWF
1 RWF = 0.029 TRY
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1 TRY = 0.002 LTC
1 LTC = 408.965 TRY
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1 TRY = 0.442 MXN
1 MXN = 2.261 TRY
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1 TRY = 0.878 NIO
1 NIO = 1.139 TRY
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1 TRY = 0.105 RON
1 RON = 9.541 TRY
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1 TRY = 21.514 KPW
1 KPW = 0.046 TRY
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1 TRY = 0.020 KYD
1 KYD = 50.308 TRY
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1 TRY = 2143.435 LBP
1 LBP = 0.000 TRY
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1 TRY = 0.130 LYD
1 LYD = 7.690 TRY
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1 TRY = 518.478 LAK
1 LAK = 0.002 TRY
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1 TRY = 107.152 MGA
1 MGA = 0.009 TRY
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1 TRY = 4.381 LRD
1 LRD = 0.228 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 = 2.407 TRY
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1 TRY = 0.191 MOP
1 MOP = 5.224 TRY
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1 TRY = 0.405 MDL
1 MDL = 2.471 TRY
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1 TRY = 0.415 NAD
1 NAD = 2.407 TRY
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1 TRY = 0.101 MYR
1 MYR = 9.889 TRY
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1 TRY = 0.009 OMR
1 OMR = 108.733 TRY
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1 TRY = 34.913 NGN
1 NGN = 0.029 TRY
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1 TRY = 0.101 PGK
1 PGK = 9.935 TRY
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1 TRY = 0.024 PAB
1 PAB = 41.833 TRY
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1 TRY = 0.082 PEN
1 PEN = 12.217 TRY
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1 TRY = 0.243 NOK
1 NOK = 4.120 TRY
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1 TRY = 0.088 PLN
1 PLN = 11.391 TRY
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1 TRY = 168.172 PYG
1 PYG = 0.006 TRY
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1 TRY = 0.087 QAR
1 QAR = 11.493 TRY
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1 TRY = 0.203 SBD
1 SBD = 4.923 TRY
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1 TRY = 0.090 SAR
1 SAR = 11.155 TRY
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1 TRY = 0.031 SGD
1 SGD = 32.222 TRY
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1 TRY = 542.596 SLL
1 SLL = 0.002 TRY
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1 TRY = 0.781 THB
1 THB = 1.280 TRY
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1 TRY = 0.734 TWD
1 TWD = 1.363 TRY
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1 TRY = 0.998 UAH
1 UAH = 1.002 TRY
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1 TRY = 82.317 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 = 511.749 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 = 6.163 TRY
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1 TRY = 0.058 TOP
1 TOP = 17.375 TRY
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1 TRY = 291.653 UZS
1 UZS = 0.003 TRY
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1 TRY = 5.708 YER
1 YER = 0.175 TRY
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1 TRY = 0.415 ZAR
1 ZAR = 2.407 TRY
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1 TRY = 2.413 RSD
1 RSD = 0.414 TRY
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1 TRY = 1.900 RUB
1 RUB = 0.526 TRY
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1 TRY = 13.671 SOS
1 SOS = 0.073 TRY
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1 TRY = 0.209 SVC
1 SVC = 4.781 TRY
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1 TRY = 310.814 SYP
1 SYP = 0.003 TRY
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1 TRY = 0.415 SZL
1 SZL = 2.407 TRY
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1 TRY = 0.070 TND
1 TND = 14.256 TRY
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1 TRY = 0.958 UYU
1 UYU = 1.043 TRY
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1 TRY = 629.845 VND
1 VND = 0.002 TRY
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1 TRY = 2.941 VUV
1 VUV = 0.340 TRY
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1 TRY = 0.067 WST
1 WST = 14.917 TRY
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1 TRY = 13.510 XAF
1 XAF = 0.074 TRY
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1 TRY = 0.065 XCD
1 XCD = 15.451 TRY
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1 TRY = 0.338 SCR
1 SCR = 2.956 TRY
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1 TRY = 0.228 SEK
1 SEK = 4.391 TRY
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1 TRY = 0.018 SHP
1 SHP = 55.727 TRY
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1 TRY = 58.599 TZS
1 TZS = 0.017 TRY
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1 TRY = 0.024 USD
1 USD = 41.833 TRY
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1 TRY = 2.458 XPF
1 XPF = 0.407 TRY
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1 TRY = 13.510 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.