About the tyrkiske lire to euro exchange rate
The TRY/EUR pair shows how many euro (EUR) one tyrkiske lire (TRY) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
TRY/EUR is quoted as EUR per one TRY. At 0,0181, 1 TRY equals 0,0181 EUR and 1 EUR equals 55,289 TRY. The inverse pair is EUR/TRY.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the tyrkiske lire and euro areas. Treasury teams, investors and travelers use TRY/EUR to convert prices, hedge FX risk and compare returns.
How TRY/EUR is quoted
In TRY/EUR, TRY is the base currency and EUR is the quote currency: the price is how many euro buy one tyrkiske lire. A rise in TRY/EUR means tyrkiske lire strengthened against euro; a fall means tyrkiske lire weakened.
What drives the tyrkiske lire to euro rate
The TRY/EUR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the tyrkiske lire and euro economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.