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INR to TRY - Rate Guide

Indian Rupee 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 INR = 0.08501 TRY

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INR to TRY - Trading Range (90 Day)
ALERT: 90-DAY HIGHS 🔔 |
INR/TRY at 0.084948 is trading 3% above the 90-day average 0.082478 with a range 0.079302 to 0.084958. ALERT: INR/TRY has risen to 90-DAY HIGHS.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

More Charts


Quick Conversions from Indian Rupee to Turkish Lira

INR

TRY

1
0.0850
5
0.4251
10
0.8501
20
1.7002
50
4.2505
100
8.5010
250
21.25
500
42.51
1,000
85.01
2,000
170.02
5,000
425.05
10,000
850.10
50,000
4,251
100,000
8,501
More amounts

INR

TRY

11.76
1
58.80
5
117.60
10
235.20
20
588.00
50
1,176
100
2,940
250
5,880
500
11,760
1,000
23,520
2,000
58,800
5,000
117,600
10,000
588,000
50,000
1,176,000
100,000
More amounts

To calculate specific INR/TRY amounts use our Convert INR 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 INR/TRY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

INR to TRY International Money Transfers

  

Foreign Transfer ProvidersReceive TRY(₺)Exchange RateFee INRTotal CostDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
811.010.08192₹1004.56%
Banks - Average Rate
Indian Bank logo ICICI Bank logo
808.910.081708154.81%
Indian Bank International Money Transfers
Indian Bank logo
806.800.081495₹1005.06%
 
ICICI Bank logo
ICICI Bank: Foreign Transfer INR→TRY
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.081920 (3.6% from mid-rate)
To Amount (TRY)811.01
Total Cost:4.56%
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer INR→TRY
From Amount (INR)₹10,000
Fee:15
Exchange Rate:0.079880 (6% from mid-rate)
To Amount (TRY)808.91
Total Cost:4.81%
Difference:
₺2.1 TRY less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Indian Bank logo
Indian Bank: Foreign Transfer INR→TRY
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.081495 (4.1% from mid-rate)
To Amount (TRY)806.80
Total Cost:5.06%
Difference:
₺4.21 TRY less than using ICICI Bank
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 02/20/2020 - View latest rates
 

Country Guides (INR & TRY)

IndiaIndia (INR)TurkeyTurkey (TRY)

INR and TRY in the Markets

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

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

Read more in the article INR 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 INR 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 INR 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 INR to TRY exchange rate to the present day for periods going back upto 10 years.

PeriodINR/TRYDate
1 Day0.084716 Feb 2020
7 Day0.084210 Feb 2020
30 Day0.082918 Jan 2020
3 Month0.079419 Nov 2019
1 Year0.074117 Feb 2019
5 Year0.039318 Feb 2015
10 Year0.032919 Feb 2010

When is the best time to exchange INR 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 INR Exchange Rates