11 Euro to TL: Real-Time Exchange Rate and Analysis
The euro to Turkish Lira exchange rate is a closely watched metric for businesses, travelers, and individuals alike. Understanding the fluctuations and trends of this currency pair is crucial for making informed financial decisions. As of today, the exchange rate is dynamically shifting, reflecting global market sentiments and economic indicators.
Currently, in the free market, the euro is trading at 37.4807 Turkish Lira for buying and 37.5107 Turkish Lira for selling, as recorded at 09:30 AM on October 11, 2024. Compared to yesterday, the euro has seen a slight increase of 0.08%. Monitoring these intraday changes is essential for those needing to convert currency in a timely manner. Alongside the euro, the US dollar is being exchanged at 34.2823 TL for buying and 34.2956 TL for selling, with a daily increase of 0.31%. The British Pound Sterling is also being traded at 44.7468 TL.
Yesterday’s trading activity saw the euro reach a high of 37.6489 TL and a low of 37.4064 TL, eventually closing the day at 37.4805 TL. These daily ranges provide insight into the volatility of the EUR/TRY pair.
| CURRENCY PAIR | BUYING RATE (TL) | SELLING RATE (TL) | CHANGE (%) | TIME |
|---|---|---|---|---|
| USD/TRY | 34.2823 | 34.2956 | 0.31 | 09:29 |
| EUR/TRY | 37.4807 | 37.5107 | 0.08 | 09:29 |
| GBP/TRY | 44.6996 | 44.7468 | -0.12 | 09:29 |
Examining the monthly and yearly performance of the euro against the Turkish Lira reveals broader trends.
Euro Performance: Monthly and Yearly
Compared to the beginning of October, the euro has slightly decreased by 1.02%, representing a -0.39 TL change. This monthly fluctuation can be influenced by various factors, including economic announcements and geopolitical events.
Looking at the year-to-date performance, since the beginning of the year when the euro stood at 32.5562 TL, it has gained 15.22%, an increase of 4.96 TL. This significant year-to-date appreciation reflects broader economic trends impacting the Turkish Lira.
Over the past year, the euro has risen from 29.4643 TL to 37.5123 TL, marking a substantial 27.31% increase in value. This long-term perspective is crucial for understanding the overall trajectory of the EUR/TRY exchange rate and its implications for the Turkish economy and international trade.
Dollar and Sterling Performance Context
For context, the US dollar has also seen significant gains. Since the start of October, it has appreciated by 0.24%, a 0.08 TL increase. Year-to-date, the dollar has risen by 15.19%, or 4.52 TL from a starting value of 29.7714 TL. In the last year, the dollar has increased by 23.77%, climbing from 27.7087 TL to 34.2948 TL.
The British Pound Sterling has experienced a monthly decrease of 1.61%, a -0.73 TL change since the beginning of October. Year-to-date, the Sterling has increased by 18.53%, a 7.00 TL gain from a starting point of 37.7568 TL. Over the last year, the Sterling has risen by 31.10%, from 34.1348 TL to 44.7519 TL.
For those looking to convert currency or track exchange rates in real-time, numerous online currency converters are available. Staying informed about these rates is vital for effective financial planning and international transactions.