EUR/TRY stands at 48.76, up 1% from the 3-month avg of 48.28, with fluctuations between 47.06-48.95. Analysts note challenges for TRY due to 33.3% inflation, while Eurozone momentum weakens as PMI dips to 49.7. Geopolitical tensions and ECB policies will shape future movements

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What is the best Send Money conversion rate for EUR to TRY?

The best EUR to TRY exchange rate is 48.56 from OFX . This is -0.29% compared to the mid-market rate 48.70.

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. 

How do EUR-TRY rates compare between 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 48.56, -0.29% from the latest mid-market rate 48.70.

The next best is XE at 48.41, -0.6% from the mid-rate.

Then Western Union at 48.22, which is -0.99% 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.