Euro to Turkish Lira Exchange Rate on August 15, 2024: Real-Time Analysis
The euro exchange rate against the Turkish lira (EUR/TRY) is a closely watched indicator in financial markets, especially for those conducting business or managing personal finances between Europe and Turkey. As of August 15, 2024, at 09:30 AM local time, the live exchange rate reveals important movements in the currency pair.
Currently, the euro is trading at 37.0332 Turkish Lira for buying and 37.1311 Turkish Lira for selling in the free market. This reflects a 0.29% increase compared to the previous day’s rates. Yesterday, the euro experienced a trading range between a high of 37.1223 TL and a low of 36.8529 TL, ultimately closing the day at 37.0206 TL. Monitoring these intraday fluctuations is crucial for understanding market volatility and making informed decisions related to currency exchange.
| Currency Pair | Buying Rate | Selling Rate | Change % | Time (Local) |
|---|---|---|---|---|
| USD/TRY | 33.5868 | 33.6110 | 0.03% | 09:29 |
| EUR/TRY | 37.0332 | 37.1311 | 0.29% | 09:29 |
| GBP/TRY | 43.1483 | 43.2902 | 0.43% | 09:29 |
Analyzing the monthly and yearly performance of the euro against the Turkish lira provides a broader perspective on currency trends. When examining the euro’s performance since the beginning of August, we observe a significant appreciation. Compared to the first day of August, the euro has increased by 1.36 TL, marking a 3.79% gain in value. This monthly increase highlights the euro’s strengthening position relative to the lira in the short term.
Looking at the year-to-date performance, the euro has also demonstrated substantial growth. Starting from a base value of 32.5562 TL at the beginning of the year, the euro has risen by 4.57 lira. This translates to a 14.05% increase in value since the start of the year. This yearly growth indicates a consistent upward trend for the euro against the Turkish lira throughout 2024.
Over the past year, the euro’s appreciation against the Turkish lira is even more pronounced. One year ago, the euro traded at 29.5271 TL. Today, it stands at 37.1292 TL, representing a significant increase of 25.75% in value. This annual performance underscores the long-term trend of euro strengthening against the Turkish lira.
While the focus here is on the euro to Turkish lira exchange rate for August 15, 2024, it’s also relevant to note the performance of other major currencies. The US dollar (USD/TRY) is currently trading at 33.5868 TL (buying) and 33.6110 TL (selling), with a marginal daily increase of 0.03%. The British pound (GBP/TRY) is being exchanged at 43.1483 TL (buying) and 43.2902 TL (selling), showing a daily increase of 0.43%.
For individuals and businesses needing to convert currency, it is essential to stay informed about these dynamic exchange rates and consider using a reliable currency converter for up-to-date figures. The August 15, 2024 euro exchange rate data, along with the broader trends, provides valuable insights for financial planning and decision-making in the EUR/TRY market.