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Best EUR to TRY Exchange Rates Compared Live

The best EUR to TRY exchange rate is 34.89. Compare foreign transfer and currency exchange rates, find better rates & deals.

EUR-TRY Best Exchange Rate Calculator
 

Comparing EUR-TRY exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Turkish lira (TRY) rates from different sources before making a conversion.

The above Euro to Lira comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest EUR-TRY mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : Despite recent supportive factors, the Euro faces a decline against the Turkish Lira, currently at 34.86. Concerns over ECB rate cuts and Eurozone economic challenges cloud EUR outlook, while TRY weakens amid domestic issues. Market view urges caution as volatility persists. #EURTRY #ForexUpdate

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EUR to TRY Market Data

Euro (EUR) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 EUR =
34.89We compare provider deals to this wholesale mid-market rate. Read more
TRY
+0.1%
EUR to TRY at 34.91 is 4.1% above its 3-month average of 33.53, having traded in a fairly volatile 9.1% range from 32.41 to 35.36
|
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DateEUR/TRYChangePeriod
13 Mar 2024
35.19
0.7% 2 Week
28 Dec 2023
32.71
6.8% 3 Month
28 Mar 2023
20.73
68.6% 1 Year
29 Mar 2019
6.2686
457.5% 5 Year
30 Mar 2014
3.0060
1062.7% 10 Year
01 Apr 2004
1.6212
2055.8% 20 Year
EUR/TRY historic rates & change to 27-Mar-2024
 

What are equivalent amounts of EUR and TRY?

Here are some popular conversion amounts for EUR to TRY (Euro to Turkish lira)*.

EUR TRY
€ 1 34.89
€ 5 174.45
€ 10 348.90
€ 20 697.80
€ 50 1,745
€ 100 3,489
€ 250 8,723
€ 500 17,445
€ 1,000 34,890
€ 2,000 69,780
€ 5,000 174,450
€ 10,000 348,900
€ 20,000 697,800
€ 50,000 1,744,500
€ 100,000 3,489,000
EUR TRY
0.0287 ₺ 1
0.1433 ₺ 5
0.2867 ₺ 10
0.5733 ₺ 20
1.4333 ₺ 50
2.8665 ₺ 100
7.1663 ₺ 250
14.33 ₺ 500
28.67 ₺ 1,000
57.33 ₺ 2,000
143.33 ₺ 5,000
286.65 ₺ 10,000
573.30 ₺ 20,000
1,433 ₺ 50,000
2,867 ₺ 100,000

More amounts

*Converted at the current EURTRY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for EUR to TRY

 

The Euro (EUR) has faced downward pressure against the Turkish Lira (TRY) despite some supportive factors in recent market conditions. The Euro's weakness stems from concerns over potential European Central Bank rate cuts and the negative correlation with the US dollar. Economists predict that the Euro may continue to suffer amid Eurozone economic worries, especially if cooling inflation and weakness in the economy prompt policymakers to consider rate cuts. Furthermore, the potential for a Eurozone recession could further weigh on the EUR exchange rates. Despite some positive indicators such as the latest German business sentiment uptick, the overall outlook for the Euro against the Turkish Lira remains cautious due to prevailing uncertainties in the Eurozone economic landscape.

Read our full review of recent EUR to TRY forecasts.

 

How to get a good EUR to TRY exchange rate

There are several ways to save on exchange rates when converting Euro to Turkish lira:

  1. Shop around for the best EUR/TRY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the EUR/TRY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and TRY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Turkish lira with Euro, then it's better for the EUR/TRY exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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 personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Turkey - a practical currency and money guide to travel, living and doing business in Turkey with the Turkish lira.

 
 
 

Currency Country Guides

EurozoneEurozone (EUR)TurkeyTurkey (TRY)
 

What prime property does $US1m buy in Istanbul?

The area (㎡) of prime property that $US1million buys in Turkey's capital city Istanbul in Q1 2018 is 110㎡.

This is compared to equivalent areas for Hong Kong 22㎡, London 27㎡, Singapore 37㎡, Paris 45㎡, Shanghai 50㎡, Tokyo 70㎡, Berlin 74㎡, Mumbai 94㎡, Dubai 138㎡ and San Paulo 172㎡.

Read more at our Turkey (TRY) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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