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    Currency outlook EUR/TRY

    EUR to TRY Forecast & Outlook

    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

    01 Aug 2026 • 00:49 GMT

    EUR/TRY 54.81

    Forecast snapshot

    Quick EUR/TRY forecast

    Near-term bias🔴 Mild downside
    Expected range53.8510 – 54.8100
    Dominant driver⚖️ Interest-rate differentials
    3-month trend⚪ Range-bound

    EUR/TRY is trading close to recent 90-day highs near 54.81, supported by the rate differential with Turkish rates at 45%. The pair remains within its recent range, but the dominant driver of the rate differential suggests a slight downward bias in the near-term. Current conditions may remain supported by the interest rate gap, though sentiment could shift if global risk appetite recovers or if Turkish policy outlooks change.

    💸 Transfer implications

    • Expats: sending money to Turkey may face conditions that could soften if the pair declines further.
    • Travellers: exchanging TRY may find recent levels less favourable if the pair weakens.
    • Businesses: paying Turkish Lira invoices with Euros might see less advantageous rates if the pair moves lower.

    🧭 Key drivers

    • Rate gap: Turkish rates are higher than Eurozone rates, maintaining TRY resilience despite global risks.
    • Risk/commodities: Elevated risk-off sentiment supports safe-haven currencies, pressuring risk-sensitive FX.
    • Global factors: Global risk sentiment remains cautious, influenced by broader macroeconomic and geopolitical factors.

    ⚠️ What could change it

    • Upside risk: A return of risk appetite could push EUR/TRY higher, improving Euro conversion conditions.
    • Downside risk: Declines in Turkish yields or a surge in global risk sentiment may weaken the pair further.

    BER suggests comparing FX providers to help offset less favourable exchange conditions.

    Compare before you exchange

    Compare EUR to TRY rates

    Check today’s provider offers alongside the market outlook before you make a transfer.

    EUR/TRY exchange-rate comparison Compare rates and typical FX costs

     
     
       

    Rate direction

    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 =
    54.92We compare provider deals to this wholesale mid-market rate. Read more
    TRY
    1D−0.1%▼
    90dHighs
    EUR to TRY at 54.93 is 2.6% above its 3-month average of 53.55, having traded in a quite stable 4.1% range from 52.81 to 54.97
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      1 TRY = 0.018209 EUR
     

    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
    23 Jul 2026
    53.83
    		2.1% ▲2 Week
    08 May 2026
    53.48
    		2.8% ▲3 Month
    06 Aug 2025
    47.43
    		15.9% ▲1 Year
    07 Aug 2021
    10.15
    		441.6% ▲5 Year
    08 Aug 2016
    3.3097
    		1560.9% ▲10 Year
    11 Aug 2006
    1.8466
    		2876.8% ▲20 Year
    EUR/TRY historic rates & change to 06-Aug-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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