The Westpac AUD to TRY rate is 24.18. This is -1.8% below the mid-rate. Compare Westpac currency conversion rates - Reduce FX costs.
The Westpac AUD to TRY exchange rate is 24.18. This is -1.8% compared to the latest AUD-TRY mid-market rate 24.62.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Turkish lira (TRY) rates from different sources before making a conversion.
Looking at our comparison table the best AUD to TRY exchange rate is 24.5 from OFX, -0.49% from the mid-market rate 24.62. The next best rate is 24.47 from XE, -0.61% from the mid-rate. Then Wise with 24.45 is -0.69% from the mid-rate.
The Western Union rate is 24.38 which is -0.97% from the mid-rate.
Among the banks, the Commonwealth Bank rate is 23.50 at -4.5%, the ANZ Bank rate is N/A, and the ING Bank rate is 23.71 at -3.7% compared to the mid-rate 24.62.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Westpac often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Westpac Aussie to Lira comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Westpac and other foreign exchange providers against the latest AUD-TRY mid-rate (see Market Data below ) and the possible savings of using various providers.
Westpac is one of the largest banks in Australia, offering a range of financial products and services including personal and business banking, wealth management, and investment services. The bank was established in 1817 and has a long history of serving the Australian community.
Westpac bank allows its customers to buy and sell a range of major and minor currencies for international travel, trade, and investment.
Sending or receiving international transfers to or from your Westpac bank account will include a margin rate of between 3.5% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).
Transfers to Cambodia, Ghana, Indonesia, Laos, Mexico, Pakistan, Philippines, Thailand, and Vietnam are only available for amounts AUD $1,000 and above, or the foreign currency equivalent value.
Westpac Bank does allow you to request a real-time FX rate request, prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.
Australian dollar (AUD) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | AUD/TRY | Change | Period |
---|---|---|---|
11 Apr 2025 | 23.94 | 2.9% ▲ | 2 Week |
25 Jan 2025 | 22.52 | 9.4% ▲ | 3 Month |
25 Apr 2024 | 21.23 | 16% ▲ | 1 Year |
26 Apr 2020 | 4.4559 | 452.8% ▲ | 5 Year |
28 Apr 2015 | 2.1406 | 1050.6% ▲ | 10 Year |
30 Apr 2005 | 1.0877 | 2164.4% ▲ | 20 Year |
Here are some popular conversion amounts for AUD to TRY (Australian dollar to Turkish lira)*.
*Converted at the current AUDTRY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts and market updates indicate a complex and dynamic interplay influencing the AUD/TRY exchange rate. The Australian dollar (AUD) had shown significant strength recently, boosted by optimism surrounding the US-China trade negotiations. Analysts noted that the AUD surged amid expectations that rising trade tensions would de-escalate, which could enhance Australia's economic outlook. This performance can also be attributed to its status as a commodity currency; factors such as the demand for Australian exports, including iron ore and natural gas, play a critical role in its valuation.
Read our full review of recent AUD to TRY forecasts.
There are several ways to save on exchange rates when converting Australian dollar to Turkish lira:
Generally speaking, if you are buying Turkish lira with Australian dollar, then it's better for the AUD/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.
Read our Currency guide to Turkey — a practical currency and money guide to travel in Turkey plus living and doing business with the Turkish lira.
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.
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 AUD/TRY to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
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Living and conducting business in Turkey offer unique opportunities and challenges, particularly concerning currency matters.
Expatriate Life in Turkey:
Conducting Business in Turkey:
Recommendations:
In summary, while Turkey presents appealing opportunities for expatriates and businesses, it's imperative to proactively manage currency-related challenges to ensure financial stability and operational success.
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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