1 Turkish Lira =
0.0188 Euros
today's official exchange rate from the European Central Bank.
Daily ECB reference rates over the last 90 days. Updates skip weekends and ECB holidays.
| TRY | EUR |
|---|---|
| 1 TRY | 0.0188 EUR |
| 5 TRY | 0.0941 EUR |
| 10 TRY | 0.1882 EUR |
| 25 TRY | 0.4705 EUR |
| 50 TRY | 0.941 EUR |
| 100 TRY | 1.882 EUR |
| 500 TRY | 9.41 EUR |
| 1,000 TRY | 18.82 EUR |
| 5,000 TRY | 94.1 EUR |
| 10,000 TRY | 188.2 EUR |
The Turkish Lira (symbol: โบ; code: TRY) is the official currency of Turkey, issued by the Central Bank of the Republic of Turkey. Each lira is divided into 100 kuruล. One of the most actively searched emerging market currencies, the Turkish lira has experienced significant volatility in recent years, making it a frequently monitored currency for travelers, investors, and businesses.
The Euro (symbol: โฌ; code: EUR) is the official currency of the Eurozone, issued by the European Central Bank. Each euro is divided into 100 cents. Adopted by 21 European Union member states, the euro is the second-most traded currency in the world after the U.S. dollar.
This conversion uses the European Central Bank reference rate, which is published once per business day at around 16:00 CET (Frankfurt time). The ECB calculates these rates from interbank market quotes provided by major banks. Reference rates are intended for information and statistical purposes โ they are not commercial rates at which currencies can actually be bought or sold.
No. The ECB reference rate is a benchmark used by economists, regulators, and accountants โ not a retail rate. Banks, currency exchange services, and credit cards typically add a markup of 1 to 4 percent on top of the reference rate, plus possible fixed transaction fees. To know the actual rate you would pay, check directly with your bank or money transfer service before exchanging.
The European Central Bank updates exchange rates once per business day, around 16:00 CET. Rates are not updated on weekends or eurozone bank holidays โ during these periods the most recent business-day rate remains in effect. We refresh our cached rate every six hours to balance accuracy with performance.
Exchange rates fluctuate based on many factors, including interest rate decisions by the Central Bank of the Republic of Turkey and the European Central Bank, inflation differences between Turkey and the Eurozone, trade balances, capital flows, and geopolitical events affecting market sentiment. Even small differences in expected economic conditions can move rates significantly over short periods.
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