Comparing EUR to TRY Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale EUR/TRY rate ( interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for EUR to TRY International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.
Euro to Turkish Lira - Quick Conversions
|
EUR |
TRY |
| € 1 |
₺ 9.0221 |
| € 5 |
₺ 45.11 |
| € 10 |
₺ 90.22 |
| € 20 |
₺ 180.44 |
| € 50 |
₺ 451.11 |
| € 100 |
₺ 902.21 |
| € 250 |
₺ 2,256 |
| € 500 |
₺ 4,511 |
| € 1,000 |
₺ 9,022 |
| € 2,000 |
₺ 18,044 |
| € 5,000 |
₺ 45,111 |
| € 10,000 |
₺ 90,221 |
| € 50,000 |
₺ 451,105 |
| € 100,000 |
₺ 902,210 |
| More amounts |
Calculate other EUR/TRY amounts (from or to) at mid-market with our
EUR to TRY Calculator .
Euro and Turkish Lira - Market News
When determining the best time to make a foreign exchange transaction, in this case the EUR vs TRY, you should pay attention to the recent market trends for both currencies.
Euro (EUR)
The Euro has regained it’s mojo in December after dropping back in November due to the COVID-19 second-wave outbreak with France, Italy, and Germany. EUR/USD is over $US1.215 and at its yearly highs.
Get more details in the article Euro Forecasts.
Turkish Lira (TRY)
The Turkish Lira weakened to record lows against most currencies including the US dollar and Euro in early November. An immediate turn around came when Turkish President Recep Tayyip Erdogan pledged market-friendly policies and Turkey’s new central bank governor will offer clearer guidance on monetary policy.
Country Guides - Turkish Lira
How to get Good EUR to TRY Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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 EUR to TRY exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Turkish Lira current value is to look the EUR/TRY historic rate and change over a range of periods.
The following table looks at the change in the EUR to TRY exchange rate over periods from the previous week back to the last 10 years.
| EUR/TRY | Change | Period |
|---|
| 9.0016 08 Jan 2021 | 0.2% â–² | 1 Week |
| 9.5118 16 Dec 2020 | 5.2% â–¼ | 30 Days |
| 9.2951 17 Oct 2020 | 3% â–¼ | 90 Days |
| 6.5219 16 Jan 2020 | 38.3% â–² | 1 Year |
| 3.3279 17 Jan 2016 | 171% â–² | 5 Years |
| 2.0568 18 Jan 2011 | 338.5% â–² | 10 Years |
EUR/TRY 10 year historic rates & change to 15-Jan-2021 : 9.0189
Will the Euro rise against the Turkish Lira?
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 EUR/TRY to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
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View My Alerts
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.