Converting Euros to Turkish Lira: A Guide to the TRY Exchange Rate

The Turkish Lira (TRY) is the official currency of Turkey. Understanding the Euro (EUR) to Turkish Lira exchange rate is crucial for anyone planning to travel to or do business with Turkey. This guide provides an overview of the current exchange rate, historical trends, and factors influencing the conversion.

Understanding the Euro to Turkish Lira (EUR/TRY) Exchange Rate

As of March 16, 2025, 1 Euro equals 39.99 Turkish Lira, while 1 Turkish Lira equals 0.025007 Euro. This means you will receive approximately 39.99 TRY for every EUR you exchange.

Historical Fluctuations of the Turkish Lira

The Turkish Lira has experienced significant fluctuations against the Euro in recent years. In 2025, the exchange rate has varied by 13.9%, reaching a low of 0.02501 EUR per TRY on March 11, 2025, and a high of 0.02905 EUR on April 1, 2024. Since January 1, 2025, the TRY has depreciated by 8.29% against the EUR.

Over the past week, the Turkish Lira has weakened by 1.08% against the Euro. These fluctuations highlight the importance of staying updated on the current exchange rate before and during your trip to Turkey.

Factors Influencing the Euro en Lire Turque Exchange Rate

Various factors contribute to the fluctuations in the EUR/TRY exchange rate, including:

• Economic Performance: The health of the Turkish economy, including inflation rates, interest rates, and economic growth, significantly impacts the value of the TRY.
• Political Stability: Political events and government policies can affect investor confidence and, consequently, the exchange rate.
• Global Market Trends: International events, such as changes in commodity prices or global economic crises, can influence the value of the TRY.
• Supply and Demand: The demand for Turkish Lira relative to the Euro in the foreign exchange market plays a crucial role in determining the exchange rate.

Keeping Up-to-Date with the Exchange Rate

It’s essential to monitor the EUR to TRY exchange rate before and during your trip to Turkey. You can use various online resources and currency converter tools to stay updated on the latest rates. This will help you budget effectively and get the most out of your money while in Turkey.

This information provides a general overview of the Euro to Turkish Lira exchange rate. It’s advisable to consult with financial professionals or utilize real-time currency conversion tools for the most accurate and up-to-date information.