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AUD to TRY - Rate Guide

Australian Dollar to Turkish Lira exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD/TRY update & alerts

1 AUD = 4.0492 TRY

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AUD to TRY - Trading Range (90 Day)
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AUD/TRY at 4.0483 is trading 1.3% above the 90-day average 3.9945 with a range 3.8667 to 4.1745. There are no current rate alerts.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

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AUD/TRY Exchange Rates and Providers Compared

This guide to the Australian Dollar to Turkish Lira exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to TRY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AUD/TRY Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/TRY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

AUD to TRY International Money Transfers

  

Foreign Transfer ProvidersReceive TRY(₺)Exchange RateFee AUDTotal CostDeal Links
TorFX logo
39,694
Best Overall
3.969402.12%
OFX (OzForex) logo
39,733
₺39 more
3.97330^2.02%
WorldFirst logo
40,350
₺656 more
4.03500.5%
ANZ Bank logo
38,805
₺889 less
3.8875184.31%
National Australia Bank (nab) logo
37,918
₺1,776 less
3.8002226.5%
Banks - Average Rate
ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo
37,693
₺2,001 less
3.7755157.05%
Commonwealth Bank (CBA) logo
37,068
₺2,626 less
3.7096 8.59%
St George Bank logo
36,979
₺2,715 less
3.7053208.81%
 
TorFX logo
TorFX: Foreign Transfer AUD→TRY
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:3.9694 (2.12% from mid-rate)
To Amount (TRY)39,694
Total Cost:2.12%
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX (OzForex) logo
OFX (OzForex): Foreign Transfer AUD→TRY
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:3.9733 (2.02% from mid-rate)
To Amount (TRY)39,733
Total Cost:2.02%
Difference:
₺39 TRY more than using TorFX
Time:
Rate Fetched: Fri Jan 17 2020 17:02:02 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
WorldFirst logo
WorldFirst: Foreign Transfer AUD→TRY
From Amount (AUD)A$10,000
Fee:
Exchange Rate:4.0350 (0.5% from mid-rate)
To Amount (TRY)40,350
Total Cost:0.5%
Difference:
₺656 TRY more than using TorFX
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
ANZ Bank logo
ANZ Bank: Foreign Transfer AUD→TRY
From Amount (AUD)A$10,000
Fee:18
Exchange Rate:3.8875 (4.14% from mid-rate)
To Amount (TRY)38,805
Total Cost:4.31%
Difference:
₺889 TRY less than using TorFX
Time:
Rate Fetched: website - Fri Jan 17 2020 17:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 
National Australia Bank (nab) logo
National Australia Bank (nab): Foreign Transfer AUD→TRY
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:3.8002 (6.29% from mid-rate)
To Amount (TRY)37,918
Total Cost:6.5%
Difference:
₺1,776 TRY less than using TorFX
Time:
Rate Fetched: website - 18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer AUD→TRY
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:3.9395 (2.86% from mid-rate)
To Amount (TRY)37,693
Total Cost:7.05%
Difference:
₺2,001 TRY less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Foreign Transfer AUD→TRY
From Amount (AUD)A$10,000
Fee:6
Exchange Rate:3.709 (8.54% from mid-rate)
To Amount (TRY)37,068
Total Cost:8.59%
Difference:
₺2,626 TRY less than using TorFX
Time:
Rate Fetched: website - Fri Jan 17 2020 17:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 
St George Bank logo
St George Bank: Foreign Transfer AUD→TRY
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:3.7053 (8.63% from mid-rate)
To Amount (TRY)36,979
Total Cost:8.81%
Difference:
₺2,715 TRY less than using TorFX
Time:
Rate Fetched: website - 18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 01/17/2020 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount TRY(₺)Exchange RateFee AUDTotal CostDeal Links
Commonwealth Bank (CBA) logo
3,592.51
Compare
3.6288A$1011.41%
St George Bank logo
3,570.82
₺22 less
3.6252A$1511.95%
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Travel Money AUD→TRY
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:3.6288 (10.52% from mid-rate)
To Amount (TRY)3,592.51
Total Cost:11.41%
Time:
Rate Fetched: website - Fri Jan 17 2020 17:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
St George Bank logo
St George Bank: Travel Money AUD→TRY
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:3.6252 (10.61% from mid-rate)
To Amount (TRY)3,570.82
Total Cost:11.95%
Time:
Rate Fetched: website - 18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 01/17/2020 - See full table

AUD and TRY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs TRY, you should pay attention to the recent market trends for both currencies.

Australian Dollar (AUD)

The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely. In November it had been all downhill traffic for the Aussie dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end.

At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations.

For AUD forecasts and predictions read our Australian Dollar Forecasts report.

Read more in the article AUD Forecasts.

 

Turkish Lira (TRY)

In the second half of April, the lira slipped to its weakest level in 6 months against the dollar, at ₺5.83. It was 11.5 percent lower than its strongest level from January, but was 21.5 percent higher than its 2018 low (2018 was a crisis year for the lira).

In April, Turkey described a reform package aimed at lifting the economy out of recession. The package included billions injected into banks, reduced tax exemptions, lower corporate tax rates and a crackdown on the shadow economy; however, ratings agencies did not see many positives in the plans due to inadequate details.

TradingEconomics.com sees the lira quoted 5 percent weaker against the dollar in April 2020, at ₺6.14.

Why can't I just get the AUD/TRY market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / TRY was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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 foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates