Loading...

CAD to TRY - Rate Guide

Canadian 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/Card transactions as shown below.

 

1 CAD = 4.5892 TRY

   Sell CAD / Buy TRY  Switch

CAD to TRY - Trading Range (90 Day)
ALERTS: 1-DAY ▲ 0.5% 🔔 | 30-DAY HIGHS 🔔 |
CAD/TRY at 4.5998 is trading 3% above the 90-day average 4.465 with a range 4.2815 to 4.6071. ALERTS: Today CAD/TRY is UP 0.5% and has also risen to 30-DAY HIGHS.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

More Charts


Quick Conversions from Canadian Dollar to Turkish Lira

CAD

TRY

C$ 1
4.5892
C$ 5
22.95
C$ 10
45.89
C$ 20
91.78
C$ 50
229.46
C$ 100
458.92
C$ 250
1,147
C$ 500
2,295
C$ 1,000
4,589
C$ 2,000
9,178
C$ 5,000
22,946
C$ 10,000
45,892
C$ 50,000
229,460
C$ 100,000
458,920
More amounts

CAD

TRY

C$ 0.2179
1
C$ 1.0895
5
C$ 2.1790
10
C$ 4.3580
20
C$ 10.90
50
C$ 21.79
100
C$ 54.48
250
C$ 108.95
500
C$ 217.90
1,000
C$ 435.80
2,000
C$ 1,090
5,000
C$ 2,179
10,000
C$ 10,895
50,000
C$ 21,790
100,000
More amounts

To calculate specific CAD/TRY amounts use our Convert CAD to TRY quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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 CAD/TRY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

CAD to TRY International Money Transfers

  

Foreign Transfer Providers Receive TRY(₺)Exchange RateFee CADTotal CostDeal Links
XE logo
45,446
Best Overall
4.544601.25%
OFX logo
45,030
₺416 less
4.5030^2.15%
HSBC logo
44,085
₺1,361 less
4.4151C$154.21%
TD Canada Trust logo
43,829
₺1,617 less
4.4272C$1004.76%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
43,754
₺1,692 less
4.4196C$1004.93%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo HSBC logo TD Canada Trust logo Royal Bank of Canada logo
43,728
₺1,718 less
4.4094154.98%
Scotiabank logo
43,709
₺1,737 less
4.4151C$1005.02%
Royal Bank of Canada logo
43,263
₺2,183 less
4.37C$1005.99%
 
XE logo
XE: Foreign Transfer CAD→TRY
From Amount (CAD)C$10,000
Fee:
Exchange Rate:4.5446 (1.25% from mid-rate)
To Amount (TRY)45,446
Total Cost:1.25%
Time:6:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer CAD→TRY
From Amount (CAD)C$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:4.5030 (2.15% from mid-rate)
To Amount (TRY)45,030
Total Cost:2.15%
Difference:
₺416 TRY less than using XE
Time:
Rate Fetched: Thu Feb 20 2020 06:06:36 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer CAD→TRY
From Amount (CAD)C$10,000
Fee:C$15 CAD (.15%)
Exchange Rate:4.4151 (4.06% from mid-rate)
To Amount (TRY)44,085
Total Cost:4.21%
Difference:
₺1,361 TRY less than using XE
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
TD Canada Trust logo
TD Canada Trust: Foreign Transfer CAD→TRY
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:4.4272 (3.8% from mid-rate)
To Amount (TRY)43,829
Total Cost:4.76%
Difference:
₺1,617 TRY less than using XE
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Coast Capital Savings logo
Coast Capital Savings: Foreign Transfer CAD→TRY
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:4.4196 (3.97% from mid-rate)
To Amount (TRY)43,754
Total Cost:4.93%
Difference:
₺1,692 TRY less than using XE
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer CAD→TRY
From Amount (CAD)C$10,000
Fee:15
Exchange Rate:4.3720 (5% from mid-rate)
To Amount (TRY)43,728
Total Cost:4.98%
Difference:
₺1,718 TRY less than using XE
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Scotiabank logo
Scotiabank: Foreign Transfer CAD→TRY
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:4.4151 (4.06% from mid-rate)
To Amount (TRY)43,709
Total Cost:5.02%
Difference:
₺1,737 TRY less than using XE
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Royal Bank of Canada logo
Royal Bank of Canada: Foreign Transfer CAD→TRY
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:4.3700 (5.04% from mid-rate)
To Amount (TRY)43,263
Total Cost:5.99%
Difference:
₺2,183 TRY less than using XE
Time:6:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 02/20/2020 - View latest rates
 

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 Providers Amount TRY(₺)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
4,441
Best Overall
4.441$03.5%
Royal Bank of Canada logo
4,343.3
₺98 less
4.343305.62%
TD Canada Trust logo
4,298.9
₺142 less
4.298906.59%
Banks - Average Rate
Scotiabank logo TD Canada Trust logo Royal Bank of Canada logo
4,288
₺153 less
4.3167C$106.83%
Scotiabank logo
4,221.64
₺219 less
4.3078C$208.27%
 
Travelex Online CA logo
Travelex Online CA: Travel Money CAD→TRY
From Amount (CAD)C$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:4.4410 (3.5% from mid-rate)
To Amount (TRY)4,441
Total Cost:3.5%
Time:
Rate Fetched: 6:07 Local
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Royal Bank of Canada logo
Royal Bank of Canada: Travel Money CAD→TRY
From Amount (CAD)C$1,000
Fee:
Exchange Rate:4.3433 (5.62% from mid-rate)
To Amount (TRY)4,343.3
Total Cost:5.62%
Time:6:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
TD Canada Trust logo
TD Canada Trust: Travel Money CAD→TRY
From Amount (CAD)C$1,000
Fee:
Exchange Rate:4.2989 (6.59% from mid-rate)
To Amount (TRY)4,298.9
Total Cost:6.59%
Time:6:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money CAD→TRY
From Amount (CAD)C$1,000
Fee:C$10 CAD (1%)
Exchange Rate:4.0268 (12.5% from mid-rate)
To Amount (TRY)4,288
Total Cost:6.83%
Currency Services:Branch
Delivery/Collect:-
 
Scotiabank logo
Scotiabank: Travel Money CAD→TRY
From Amount (CAD)C$1,000
Fee:C$20 CAD (Minimum fee)
Exchange Rate:4.3078 (6.39% from mid-rate)
To Amount (TRY)4,221.64
Total Cost:8.27%
Time:6:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 02/20/2020 - View latest rates
 

Country Guides (CAD & TRY)

CanadaCanada (CAD)TurkeyTurkey (TRY)

CAD and TRY in the Markets

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

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

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

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD 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.


How to get Best CAD to TRY Exchange Rates

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).

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.

What is a good CAD to TRY exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the CAD to TRY exchange rate to the present day for periods going back upto 10 years.

PeriodChange*CAD/TRYDate
1 Day+0.5%4.575618 Feb 2020
7 Day+0.9%4.559912 Feb 2020
30 Day+1.5%4.533920 Jan 2020
3 Month+7.2%4.290921 Nov 2019
1 Year+15%4.000619 Feb 2019
5 Year+134.9%1.958420 Feb 2015
10 Year+216%1.455521 Feb 2010

*For period to 19-Feb 21UTC when CAD/TRY was 4.6001

When is the best time to exchange CAD to TRY?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all CAD Exchange Rates