1. Exchange Rates
  2. Australian dollar (AUD)
  3. Turkish lira (TRY)

Convert AUD to TRY at Best Exchange Rates

There are three amounts that you need to understand if you are to have any chance of getting the best possible AUD to TRY rate, these are :

  1. The AUD/TRY foreign exchange market mid-rate
  2. The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider
  3. Any fixed or percentage fees for your transfer or currency exchange.

1 Australian dollar equals
Turkish lira 1=

Right now the AUD/TRY market rate is and represents how many Turkish lira you can get for one Australian dollar. You can calculate with the current mid-rate using our AUD to TRY calculator below but note the rate will most likely be quite different by the time you make you currency exchange.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same AUD/TRY market rate I see on Google or in the Media?

When you look up the current Australian dollar to Turkish lira exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

AUD to TRY mid-rate on google

AUD to TRY mid-rate on google search

Getting a great AUD to TRY mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below AUD to TRY calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Australian dollar cross rates and reviews of leading foreign exchange providers versus the Banks.

AUD to TRY mid-rate calculator

1 AUD equals

Compare rates for: Currency Exchange or Foreign Transfers
Loading AUD/TRY Chart

Australian dollar - market update

The Australian dollar found its feet in the second week of March, ending a difficult period spanning back to late January. AUD strengthened to buy 0.785 US dollars, 0.638 euros and 83.8 yen.

AUD entered 2018 with verve and climbed to a 2 ½ year high against USD of 0.814 on January 26th, but things took a turn for the worse from then on as investors began to revise upwards their expectations for US interest rates and as Washington imposed US tariffs on imported steel and aluminium – tariffs that some said threatened to spark a global trade war. Given Australia’s open economy and reliance on commodity prices, threats to global trade are bearish for AUD. Post-tariffs, AUD/USD sank into the low 0.77s.

At the time of writing (March-12), useful technical resistance was waiting at 1.6 in EUR/AUD (equivalent to 0.625 in AUD/EUR) and 82.0 remained very solid support in AUD/JPY.

Forecasts: AUD volatility is set to dry up. A Reuters poll of analysts conducted in March produced a median estimate of 0.78 for AUD/USD for one-month and three-month horizons, and for year-end. This estimate marks little change from exchange rates in mid-March and is virtually identical to 2017’s year-end rate. The forecasts do at least represent an upward revision on those from recent months, most of which suggested a fall in AUD/USD this year to levels between 0.7 and 0.75.

Turkish lira - market update

The Turkish lira was among 2017’s worst performing currencies, having lost nearly 7% of its value against an extremely weak US dollar.

In early 2018, the lira is once again underperforming. Rates in late February were nearly identical to those at the start of the year, at roughly 3.8 per dollar, despite most emerging market currencies appreciating within the same period.

Investors continue to be frightened away from the lira and from investing in Turkish assets by inflation, which in 2018 continues to run in double figures. January’s year-on-year core inflation came in at an extraordinary 12.2% and marked the sixth consecutive month of double-figure core readings.

In late 2017, asset management group GAM cited high inflation as its principle reason for predicting an economic crisis in Turkey – a crisis that might come in 2018. GAM cleared its portfolio of all positions in Turkish assets.

Other reasons for the lira’s weakness include 2018’s military conflict between Turkey and US-backed Kurdish militia in Syria.

Against the euro, the lira fell in February to its lowest level since 2005’s redenomination, as EUR/TRY hit 4.737.

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