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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

23 May 2026 • 00:52 GMT

EUR/TRY 53.05

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: 53.0500 – 54.4060
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟢 Uptrend

EUR/TRY is currently trading close to recent highs, holding near its 3-month range with a bias to rise. The dominant driver is the rate differential, supported by Turkey's higher interest rate at 45%, which makes the Turkish Lira more attractive. The pair’s recent stability and trading above its 90-day average suggest near-term conditions may remain supportive, but gains could face resistance if Turkish policy shifts or global risk sentiment improves.

💸 Transfer implications

  • Expats: sending money to Turkey may find current rates more favourable than recent levels.
  • Travellers: purchasing Turkish Lira could see moderate costs if the pair continues to trend higher.
  • Businesses: paying Turkish Lira invoices in Euro may benefit from a stronger euro environment, but should watch for potential sideways moves.

🧭 Key drivers

  • Rate gap: Turkey’s interest rate remains well above Eurozone yields, supported by ongoing hawkish policy measures.
  • Risk/commodities: Risk-off sentiment persists, supporting safe-haven currencies and pressuring risk-sensitive assets.
  • Global factors: Global risk aversion remains elevated, driven by wider macro concerns, reinforcing the current profile.

⚠️ What could change it

  • Upside risk: A further escalation in Turkey’s interest rate or increased safe-haven flows could drive EUR/TRY higher.
  • Downside risk: A shift to risk-on sentiment or easing Turkish monetary policy might cap or reverse recent gains.

Comparing FX providers may help offset less favourable exchange conditions, and shopping around for the lowest margin provider can reduce total 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 =
53.48We compare provider deals to this wholesale mid-market rate. Read more
TRY
1d−0.1%▼
EUR to TRY at 53.32 is 2.2% above its 3-month average of 52.15, having traded in a quite stable 6.0% range from 50.44 to 53.47
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  1 TRY = 0.018699 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
14 May 2026
53.12
0.2% ▲2 Week
27 Feb 2026
51.91
2.5% ▲3 Month
28 May 2025
43.91
21.2% ▲1 Year
29 May 2021
10.44
409.9% ▲5 Year
30 May 2016
3.2928
1516.6% ▲10 Year
02 Jun 2006
2.0011
2560% ▲20 Year
EUR/TRY historic rates & change to 28-May-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