About the Euro to Turkse lira exchange rate
The EUR/TRY pair shows how many Turkse lira (TRY) one Euro (EUR) 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.
EUR/TRY is quoted as TRY per one EUR. At 55,288, 1 EUR equals 55,288 TRY and 1 TRY equals 0,0181 EUR. The inverse pair is TRY/EUR.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Euro and Turkse lira areas. Treasury teams, investors and travelers use EUR/TRY to convert prices, hedge FX risk and compare returns.
How EUR/TRY is quoted
In EUR/TRY, EUR is the base currency and TRY is the quote currency: the price is how many Turkse lira buy one Euro. A rise in EUR/TRY means Euro strengthened against Turkse lira; a fall means Euro weakened.
What drives the Euro to Turkse lira rate
The EUR/TRY rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Euro and Turkse lira economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.