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TRY to EUR - Turkish Lira to Euro Converter

Convert Turkish Lira to Euro with daily ECB exchange rates

1 TRY = ~0.0193 EUR (rates vary)

Rates verified daily from ECB official reference ratesSource: European Central Bank (16:00 CET daily)For informational purposes only. Not financial advice.

Quick Insight

This currency pair is highly volatile. Always check live rates before transactions.

This pair is highly volatile. Mental math fails frequently—check live rates before every exchange.

Rates can swing quickly on policy news. Use live converter for accuracy.

⚠️ Always verify before transactions📈 Monitor rate trends🔔 Set rate alerts

Common TRY - EUR Conversions

24h Change
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7d Change
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30d Change
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1y Change
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Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Active
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Inflation differentials, central bank policy, political events, trade balances, and market risk sentiment drive moves. Global risk appetite and commodity prices can also shift flows between Europe and Turkey.

Economic Context

Trading Relationship

Türkiye and the Eurozone maintain substantial trade ties across goods, services, and tourism. TRY/EUR movements influence import costs, export competitiveness, and cross-border investment flows.

Key Rate Factors

  • Central Bank of Türkiye monetary policy
  • Inflation differentials between Türkiye and the Eurozone
  • US/EU trade trends and tariffs
  • Political stability and policy credibility
  • Market risk sentiment and global risk appetite

Central Banks

Central Bank of the Republic of Türkiye
Ankara, Türkiye
Sets monetary policy to achieve price stability, manage liquidity, and influence inflation expectations in Türkiye.
European Central Bank
Frankfurt, Germany
Governs single monetary policy for the Eurozone, targeting price stability and money supply across 20 member states.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates

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