The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
EUR to TRY Market Data
Euro (EUR) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to TRY Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Turkish lira is to review how the EUR/TRY rate has changed over time.
The table below shows the percentage change in the EUR to TRY exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The recent forecast for the USD to TRY exchange rate paints a picture influenced by both US monetary policy expectations and ongoing challenges within Turkey.
Current market bias: Bearish.
Key drivers:
- The interest rate gap is widening, as Turkey's Central Bank could continue to ease rates while the ECB remains on hold, adding pressure on the TRY.
- Ongoing geopolitical tensions related to Ukraine are affecting the euro's stability, creating uncertain trade dynamics.
- Turkey faces significant inflation pressures, with a target of 16% for 2026, indicating economic challenges ahead.
Near-term range: EUR/TRY is likely to trade within a stable range above its 3-month average.
What could change it: Upside risks include stronger macroeconomic indicators in the Eurozone, while downside risks may arise from a deeper economic struggle in Turkey due to external debt and persistent inflation.
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EUR/TRY shows a bearish trend, reaching 90-day highs near 50.55. Rate differentials favor potential TRY weakness as Turkey may ease rates further. Watch out for eurozone macro data and Turkey's economic struggles, as they affect exchange costs for travelers and businesses
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EUR to TRY Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Turkish lira across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to TRY?
The best EUR to TRY exchange rate is 50.41 from OFX . This is -0.3% compared to the mid-market rate 50.56.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Turkish lira (TRY) rates from different sources before making a conversion.
The above
Euro to Lira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-TRY mid-rate and the possible savings of using various providers.
How do EUR-TRY rates compare between providers?
Looking at the full
EUR to TRY - Send Money comparison table the provider with the best EUR to TRY exchange rate is OFX at 50.41, -0.3% from the latest mid-market rate 50.56.
The next best is Wise at 50.37, -0.38% from the mid-rate.
Then XE at 50.26, which is -0.59% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.