Euro to Turkish Lira Exchange Rate: Understanding EUR/TRY Conversion

The Turkish Lira (TRY) is the official currency of Turkey, and understanding its exchange rate with the Euro (EUR) is crucial for travelers, businesses, and anyone monitoring international finance. This article provides an overview of the EUR/TRY exchange rate, recent fluctuations, and key facts about the Turkish Lira.

As of recent updates, the exchange rate indicates that 0.026113 Euro is needed to convert 1 Turkish Lira. Conversely, 1 Euro will give you approximately 38.3 Turkish Lira. These figures are subject to daily market changes, but they provide a general understanding of the current conversion rate between EUR and TRY.

Throughout the past year, the Turkish Lira’s exchange rate has experienced some volatility. The currency’s value against the Euro has fluctuated by 12.6% around its average rate of 0.02751 TRY per 1 EUR. The lowest point was recorded on 26/09/2024 at 0.02617 EUR, while the highest was on 25/02/2024 at 0.02995 EUR.

Since the beginning of 2025, specifically from January 1st when 1 TRY was valued at 0.02732 EUR, the Turkish Lira has seen a depreciation of 3.92% in its exchange rate. In just the last week, the Turkish Lira has slightly weakened by 0.26% on the foreign exchange market, which means the purchasing power of the Euro has marginally increased in relation to the TRY.

It is important to remember that the Turkish Lira is exclusively the official currency within Turkey. When traveling to or conducting business in Turkey, all transactions will be in TRY. Understanding the EUR/TRY exchange rate allows for better financial planning and awareness of currency values in Turkey.