Loading...

Home pages - full list (A-Z)

AUD/TRY - Convert Compare Save

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.

 

This resource page for the Australian Dollar to Turkish Lira exchange rate, has news, forecasts and AUD to TRY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/TRY Exchange Rates - How to Compare & Save

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.

 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Foreign Transfer Providers
Ratings & Reviews
Receive TRY(₺)Exchange RateFee AUDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX (OzForex) logo
39,614 TRY
Best Overall
3.96140^1.48%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
TorFX logo
39,575 TRY
39 TRY
3.957501.57%Bank Transfers - Online & Phone1-2 days
 
Commonwealth Bank (CBA) logo
39,109 TRY
505 TRY
3.91326 2.73%Online, Branch, Bank Transfers2-3 days
 
St George Bank logo
39,015 TRY
599 TRY
3.9093202.97%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo
38,642 TRY
972 TRY
3.8706153.89%Online, Branch, Bank Transfers2-3 days
 
ANZ Bank logo
38,638 TRY
976 TRY
3.8708183.9%Online, Branch, Bank Transfers2-3 days
 
National Australia Bank (nab) logo
37,806 TRY
1,808 TRY
3.7889225.97%Online, Branch, Bank Transfers2-3 days
OFX (OzForex): Foreign Transfer AUD→TRY
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:3.9614 (1.48% from mid-rate)
TRY amount:39,614 TRY
Total Cost:1.48%
Time:
Rate Fetched: Mon Mar 25 2019 04:01:59 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer AUD→TRY
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:3.9575 (1.57% from mid-rate)
TRY amount:39,575 TRY
Total Cost:1.57%
Difference:
39 TRY less than using OFX (OzForex)
Time:4:09 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
Commonwealth Bank (CBA): Foreign Transfer AUD→TRY
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:3.9132 (2.68% from mid-rate)
TRY amount:39,109 TRY
Total Cost:2.73%
Difference:
505 TRY less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Mar 25 2019 04:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Foreign Transfer AUD→TRY
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:3.9093 (2.77% from mid-rate)
TRY amount:39,015 TRY
Total Cost:2.97%
Difference:
599 TRY less than using OFX (OzForex)
Time:
Rate Fetched: website - 4:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→TRY
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:3.9277 (2.32% from mid-rate)
TRY amount:38,642 TRY
Total Cost:3.89%
Difference:
972 TRY less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
ANZ Bank: Foreign Transfer AUD→TRY
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:3.8708 (3.73% from mid-rate)
TRY amount:38,638 TRY
Total Cost:3.9%
Difference:
976 TRY less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Mar 25 2019 04:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→TRY
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:3.7889 (5.77% from mid-rate)
TRY amount:37,806 TRY
Total Cost:5.97%
Difference:
1,808 TRY less than using OFX (OzForex)
Time:
Rate Fetched: website - 4:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

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.

Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Travel Money Providers
Ratings & Reviews
Amount TRY(₺)Exchange RateFee AUDTotal CostCurrency ServicesDelivery/CollectDeal Links
 
Australia Post logo
3,880.1 TRY
Best Overall
3.8801$0 BPay, Card 0.72%-1%3.5%Online order, Branch pickup, $10 fee for orders under $10002-3 days
 
National Australia Bank (nab) logo
3,768.34 TRY
112 TRY
3.8064106.28%Branch-
Banks - Average Rate
Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo
3,676 TRY
204 TRY
3.7190108.58%Branch-
 
Commonwealth Bank (CBA) logo
3,640.43 TRY
240 TRY
3.6772$109.46%Branch-
 
St George Bank logo
3,618.4 TRY
262 TRY
3.6735$1510.01%Branch-
Australia Post: Travel Money AUD→TRY
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:3.8801 (3.5% from mid-rate)
TRY amount:3,880.1 TRY
Total Cost:3.5%
Time:4:09 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→TRY
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:3.8064 (5.33% from mid-rate)
TRY amount:3,768.34 TRY
Total Cost:6.28%
Time:
Rate Fetched: website - 4:09 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→TRY
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:3.8219 (4.95% from mid-rate)
TRY amount:3,676 TRY
Total Cost:8.58%
Currency Services:Branch
Delivery/Collect:-
Commonwealth Bank (CBA): Travel Money AUD→TRY
AUD amount:$1,000 AUD
Fee:$10 AUD (1%)
Exchange Rate:3.6772 (8.55% from mid-rate)
TRY amount:3,640.43 TRY
Total Cost:9.46%
Time:
Rate Fetched: website - Mon Mar 25 2019 04:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Travel Money AUD→TRY
AUD amount:$1,000 AUD
Fee:$15 AUD (Minimum fee)
Exchange Rate:3.6735 (8.64% from mid-rate)
TRY amount:3,618.4 TRY
Total Cost:10.01%
Time:
Rate Fetched: website - 4:09 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

AUD to TRY interbank exchange rate = 3.8869

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/TRY exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

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)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

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. Westpac has predicted three cuts this year.

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