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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Turkey can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Turkey bank accounts or pay a Turkish lira invoice.
Euro (EUR) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/TRY Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver.
EUR/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a strong driving force.
USD/TRY Outlook: Likely to increase as the rate is above the recent average and near recent highs, supported by strong US labor data.
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Turkish lira across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
*Converted at the current EUR-TRY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best EUR to TRY exchange rate is 51.65 from OFX . This is -0.31% compared to the mid-market rate 51.81.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully 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 by banks and other foreign exchange providers against the latest EUR-TRY mid-rate and the possible savings of using various providers.
Looking at the full EUR to TRY - Send Money comparison table the provider with the best EUR to TRY exchange rate is OFX at 51.65, -0.31% from the latest mid-market rate 51.81.
The next best is XE at 51.5, -0.6% from the mid-rate.
Then Wise at 51.21, which is -1.2% from the mid-rate.
The Western Union rate is 51.03 which is -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.
View a full list of exchange rates by selecting your Base (from) currency:
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