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Currency outlook EUR/TRY

EUR to TRY Forecasts – euro to Turkish lira

Latest EUR to TRY forecasts including bank predictions, key market drivers and recent trends for EUR/TRY. See where analysts expect the pair to move and the factors likely to influence it.

EUR to TRY Forecast & Outlook

18 Jul 2026 • 00:51 GMT

EUR/TRY 53.94

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 52.9960 – 53.9400
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: ⚪ Range-bound

EUR/TRY is trading close to 90-day highs near 53.94, holding near the top of its recent range. The pair is supported by Turkey's hawkish monetary stance and high inflation, but the narrowing ECB rate hike outlook tempers Euro strength. Near-term conditions suggest the pair could remain supported within its recent range, though a shift in global risk sentiment may influence short-term moves.

💸 Transfer implications

  • Expats: sending Euro to Turkish Lira may face support but could weaken if risk conditions worsen.
  • Travellers: exchanging Euro for Turkish Lira might be less favourable if the pair declines.
  • Businesses: paying Turkish Lira invoices with Euro could see limited relief if the pair maintains its current level.

🧭 Key drivers

  • Rate gap: Turkish rate hikes to 45% support TRY, while ECB rate hike prospects are fading.
  • Risk/commodities: global risk-off sentiment favors safe havens, weighing on risk-sensitive currencies.
  • Global factors: overall risk environment remains pressured by geopolitical and economic uncertainty.

⚠️ What could change it

  • Upside risk: a surprise increase in Turkish rates or positive risk sentiment shifts could support Euro strength.
  • Downside risk: deteriorating global risk conditions or a broad USD rally may weaken EUR/TRY further.

BER suggestions: comparing FX providers may help offset less favourable exchange conditions and reduce transfer costs.

EUR-TRY Rate Calculator

 
 
   
   
   
   
   
 
 

EUR to TRY Market Data

Euro (EUR) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy TRY
1 EUR =
53.87We compare provider deals to this wholesale mid-market rate. Read more
TRY
1d−0.1%▼
EUR to TRY at 53.83 is 1.0% above its 3-month average of 53.29, having traded in a very stable 2.5% range from 52.63 to 53.94
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  1 TRY = 0.018564 EUR

Compare & Save - euro to Turkish lira

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare euro (EUR) to Turkish lira (TRY) rates from different sources before making a conversion.

Use our EUR to TRY calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Lira currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Turkish lira?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the euro vs Turkish lira current value is to look the EUR/TRY historic rate and change over a range of periods.

The following table looks at the change in the EUR to TRY exchange rate over periods from the previous week back to the last 10 years.

DateEUR/TRYChangePeriod
09 Jul 2026
53.68
0.6% ▲2 Week
24 Apr 2026
52.75
2.3% ▲3 Month
23 Jul 2025
47.63
13.3% ▲1 Year
24 Jul 2021
10.07
436% ▲5 Year
25 Jul 2016
3.3537
1509.6% ▲10 Year
28 Jul 2006
1.9111
2724.6% ▲20 Year
EUR/TRY historic rates & change to 23-Jul-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/TRY to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more