The comparison table above helps you see the total cost of your OFX 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’.
OFX - EUR Rate Margin Analysis
The average EUR rate margin offered by OFX is 3.2%.
This average is based on individual EUR 10K transfer rates in the currency pairs from OFX that we monitor.
💡 It is important to note that these OFX rates are their public quoted rates and do not include our special BER/OFX deals rates which start at 0.5% for major currencies and improve for larger amounts. Please use our calculators to check these special rates and use our 'Visit OFX' links to secure these deals.
OFX - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by OFX for Euro (EUR 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bias
EUR/TRY holds above the 90-day avg and near the upper end of the 3-month range. ECB policy stays firm while the CBRT has eased, keeping the gap supportive for EUR/TRY; oil volatility adds risk for Turkish imports. A firmer euro inflation print could push higher; otherwise TRY may hold.
Key drivers
- Rate gap: ECB policy remains firm and likely to stay higher than Turkey's, while the CBRT has eased since late 2025, widening the policy gap and supporting EUR/TRY.
- Oil/risk: Oil trades at elevated levels with greater daily swings, raising Turkish import costs and inflation risk, keeping TRY under pressure and supporting EUR/TRY.
- Macro factor: Eurozone inflation is easing toward target, allowing the ECB to maintain a neutral stance and provide a steadier backdrop for the euro.
Range
Likely to drift toward the upper end of the 3-month range as traders assess ongoing global risk and Turkish policy signals stay unsettled.
What could change it
- Upside risk: surprise firm Eurozone inflation data or hawkish ECB guidance could push the euro higher against the lira.
- Downside risk: Turkish inflation easing faster than expected or a pause in CBRT easing strengthens TRY and caps EUR/TRY
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EUR to TRY Conversion: What Is Your Money Worth?
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 * :
What is the
OFX Send Money conversion rate for EUR to TRY?
The OFX EUR to TRY exchange rate is 50.2. This is -0.3% compared to the latest EUR-TRY mid-market rate 50.35.
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
OFX - Euro to Lira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OFX and other foreign exchange providers against the latest EUR-TRY mid-rate and the possible savings of using various providers.
How do OFX 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 50.2, -0.3% from the latest mid-market rate 50.35.
The next best is XE at 50.05, -0.6% 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
like OFX or platforms that offer rates closer to the mid-market rate.