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Best Exchange Rates

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Compare AUD to TRY foreign transfers

Use our comparison table to find the best exchange rates for Turkish Lira foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$AUD
₺TRY

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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
 
TorFX logo
38,207 TRY
Best Overall
3.820701.54%Bank Transfers - Online & Phone1-2 days
 
OFX (OzForex) logo
38,246 TRY
39 TRY
3.82460^1.44%Bank Transfers - Online & Phone1-2 days
 
Commonwealth Bank (CBA) logo
37,764 TRY
443 TRY
3.77876 2.68%Online, Branch, Bank Transfers2-3 days
 
St George Bank logo
37,674 TRY
533 TRY
3.7749202.91%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
37,239 TRY
968 TRY
3.7300154.04%Online, Branch, Bank Transfers2-3 days
 
ANZ Bank logo
37,019 TRY
1,188 TRY
3.7086184.6%Online, Branch, Bank Transfers2-3 days
 
National Australia Bank (nab) logo
36,499 TRY
1,708 TRY
3.6579225.94%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer AUD→TRY
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:3.8207 (1.54% from mid-rate)
TRY amount:38,207 TRY
Total Cost:1.54%
Time:0:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
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:3.8246 (1.44% from mid-rate)
TRY amount:38,246 TRY
Total Cost:1.44%
Difference:
39 TRY more than using TorFX
Time:
Rate Fetched: Tue Mar 19 2019 22:01:59 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
Commonwealth Bank (CBA): Foreign Transfer AUD→TRY
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:3.7787 (2.62% from mid-rate)
TRY amount:37,764 TRY
Total Cost:2.68%
Difference:
443 TRY less than using TorFX
Time:
Rate Fetched: website - Tue Mar 19 2019 22:02:02 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:3.7749 (2.72% from mid-rate)
TRY amount:37,674 TRY
Total Cost:2.91%
Difference:
533 TRY less than using TorFX
Time:
Rate Fetched: website - 0:07 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:3.7920 (2.28% from mid-rate)
TRY amount:37,239 TRY
Total Cost:4.04%
Difference:
968 TRY less than using TorFX
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:3.7086 (4.43% from mid-rate)
TRY amount:37,019 TRY
Total Cost:4.6%
Difference:
1,188 TRY less than using TorFX
Time:
Rate Fetched: website - Tue Mar 19 2019 22:03:04 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:3.6579 (5.74% from mid-rate)
TRY amount:36,499 TRY
Total Cost:5.94%
Difference:
1,708 TRY less than using TorFX
Time:
Rate Fetched: website - 0:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

1 AUD = 3.8696 TRY

This is the current AUD-TRY mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market AUD-TRY exchange rate.

3 Month Chart
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Currency news and forecasts for Australian Dollar and Turkish Lira

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs TRY, you should pay attention to both Australian Dollar and Turkish Lira news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Turkish Lira (TRY) - Market news and forecasts

12-February-2019: The lira has been remarkably stable since December, having floated between 5.15 and 5.55 per dollar, with a few brief exceptions.

Though the lira is considerably stronger than its August ’18 extreme, it is still worth nearly 30 percent less than it was a year ago. In mid-2018, the lira weakened beyond 7 to the dollar (a record low), shocking investors.

From here on in, the lira stands to appreciate, or will at least be among the best performing emerging market currencies of 2019, says an analyst at ING. The analyst said in February that the lira was “the most undervalued in the whole emerging market space.”

With the US Federal Reserve now likely to slow the pace of its interest rate hikes, or stop them, the dollar is forecast to weaken, and emerging market currencies typically gain value in such conditions because their respective governments usually hold high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheaper.

Currency News and Forecasts - Australian Dollar

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