Euro to Turkish Lira Exchange Rate: Understanding EUR/TRY
The current exchange rate of 1 Euro to Turkish Lira is 38.165 TRY. In today’s trading, the Euro has seen a slight change of 0.14%.
Today’s range for the EUR/TRY exchange rate has been between 38.1021 and 38.1652. Yesterday’s closing rate was 38.1326. The Euro has fluctuated by 0.0325 points today against the Turkish Lira. As the currency of the Eurozone, monitoring the Euro to Turkish Lira exchange rate is crucial for businesses and individuals alike.
Looking at the recent performance, the Euro has shown varied movements against the Turkish Lira.
Over the past week, the Euro has appreciated by 0.72% against the Turkish Lira, reaching 37.8934. In the last month, the increase was more significant at 2.76%, climbing to 37.1388. Over a year, the Euro has strengthened considerably by 13.73% compared to the Turkish Lira, standing at 33.5570. Looking further back, over three years, the Euro has seen a substantial increase of 145.43% against the Turkish Lira, from 15.5505. These figures highlight the dynamic nature of the Euro to Turkish Lira exchange rate.
For those looking to exchange Euros to Turkish Lira, it’s important to consider the rates offered by different financial institutions. Below is a comparison of Euro to Turkish Lira exchange rates from various banks in Turkey:
| BANK | BUYING RATE | SELLING RATE | MARGIN |
|---|---|---|---|
| Akbank | 35.9695 | 38.7785 | 7.24% |
| Albaraka Türk | 36.8740 | 39.1770 | 5.88% |
| Anadolu Bank | 36.6678 | 39.3929 | 6.92% |
| HSBC | 36.9618 | 39.6156 | 6.70% |
| TEB | 36.4530 | 39.6480 | 8.06% |
| Kuveyttürk | 35.7277 | 38.7386 | 7.77% |
| EnPara | 36.4139 | 39.6970 | 8.27% |
| Altınkaynak | 37.9820 | 38.2420 | 0.68% |
| Garanti BBVA | 37.0370 | 39.1270 | 5.34% |
| Yapı Kredi | 36.7400 | 39.4300 | 6.82% |
This table provides a snapshot of the varying exchange rates offered, demonstrating the importance of comparing rates when converting Euro to Turkish Lira. The Euro (€), the currency of the European Union, is managed by the European Central Bank (ECB). Its international currency code is EUR. A subunit of the Euro is the cent, with 100 cents making up one Euro. Euro banknotes come in denominations of €5, €10, €20, €50, €100, €200, and €500.
Introduced to the international stage in 1995 and first put into circulation in 1999, the Euro has become a major global currency. The name “Euro” is derived from “Europe,” and its symbol is €. Currently, 19 of the 27 EU member states use the Euro as their official currency, including major economies like Germany, France, Italy, and Spain. While some EU countries have opted out through referendums or have not yet met the criteria for adoption, several non-EU countries also utilize the Euro.
To stay updated on the Euro to Turkish Lira exchange rate, resources like “euro.tlkur.com” offer real-time tracking. These platforms provide up-to-the-minute data on buying and selling rates in Turkish Lira, and historical charts stretching back 20 years for the EUR/TRY pair, enabling users to effectively monitor and understand the fluctuations of the Euro against the Turkish Lira. For anyone wondering “Bir Euro Kaç Tl Yapar,” or how much is one euro in Turkish lira, real-time monitoring tools are readily available.