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TRY to EUR Forecasts – Turkish lira to euro

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

 

TRY to EUR Forecast & Outlook

09 May 2026 • 01:08 GMT

TRY/EUR 0.018699

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.0180 – 0.0190
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, TRY/EUR is trading close to 90-day lows, holding near the recent bottom of its three-month range. The pair faces downward pressure from risk-off sentiment, supported by Turkish risk concerns and subdued Eurozone data. Near-term conditions suggest the Turkish Lira may remain less favourable for conversions if risk appetite improves.

💸 Transfer implications

  • Expats: sending money to Euro (EUR) may find fewer favorable exchange conditions than recently.
  • Travellers: exchanging Euro cash or loading currency cards might see limited benefit from recent lows.
  • Businesses: paying Euro invoices using Turkish Lira may face increased costs if the pair declines further.

🧭 Key drivers

  • Rate gap: Turkish monetary policy remains tight amid high inflation, keeping the yield differential narrow.
  • Risk/commodities: Risk-off flows boost safe-haven currencies, pressuring risk-sensitive FX like TRY/EUR.
  • Global factors: Overall risk sentiment remains bearish amid global uncertainty and subdued European growth signals.

⚠️ What could change it

  • Upside risk: A shift toward risk-on conditions could support Turkish Lira if global risk appetite recovers.
  • Downside risk: A further deterioration in risk sentiment or Turkish economic issues could deepen the pair’s decline.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

TRY-EUR Rate Calculator

 
 
   
   
   
   
   
 
 

TRY to EUR Market Data

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

 
Sell TRY   →   Buy EUR
1 TRY =
0.018699We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d−0.8%▼
90dLows◒
TRY to EUR is at 90-day lows near 0.018699, 3.0% below its 3-month average of 0.019284, having traded in a quite stable 6.0% range from 0.018699 to 0.019824
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  1 EUR = 53.48 TRY

Compare & Save - Turkish lira to euro

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

Use our TRY to EUR 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 Lira to Euro currency rates and the possible savings of using various providers.

 
 

Will the Turkish lira rise against the Euro?

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

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

DateTRY/EURPeriod
18 Apr 2026
0.0190
2 Week
01 Feb 2026
0.0194
3 Month
02 May 2025
0.0229
1 Year
03 May 2021
0.1004
5 Year
04 May 2016
0.2971
10 Year
07 May 2006
0.5966
20 Year
TRY/EUR historic rates

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 TRY/EUR 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