The Turkish Lira is the official currency of Turkey. The ISO currency code is TRY and identified by the symbol ₺ or TL. It is subdivided into 100 Kuruş. The Turkish Lira is issued by the central bank of the Republic of Turkey (Merkez Bankasi).
Currency Name: Turkish lira
Local Name: Türk lirası (Turkish)
Official user(s): Turkey, North Cyprus
Currency Symbol/Sign: ₺ or TL.
Nicknames: Kağıt, Mangır, Papel
ISO code: TRY
Central bank: Central Bank of the Republic of Turkey
Kuruş: Kr
Subunit: 1 lira = 100 kuruş(kr)
Banknotes: 5, 10, 20, 50, 100 and 200 lira
Coins: 5, 10, 25, 50kr and 1 lira.
Currency Peg:No
Black Market for Currency:Yes
Currency Volatility:unknown
Central Bank Rate
The current central bank interest rate is 5.50%.
| Country | Turkish Lira | Euro | |
|---|---|---|---|
| 1 TRY | = | 0.0196 € |
| 51.129930897856 TRY | = | 1 € | |
| 20 TRY | = | 0.3912 € | |
| 50 TRY | = | 0.9779 € | |
| 100 TRY | = | 1.9558 € | |
| 500 TRY | = | 9.779 € | |
| 1000 TRY | = | 19.558 € |
| Date | EUR → TRY |
| 23.01.2026 | 51.13 |
| 22.01.2026 | 50.809 |
| 21.01.2026 | 50.693 |
| 20.01.2026 | 50.793 |
| 19.01.2026 | 50.357 |
| 16.01.2026 | 50.2 |
| 15.01.2026 | 50.149 |
The rates are set on the basis of the regular daily concertation procedure between national central banks, which normally takes place at 2.15 p.m. CET. The exchange rates are for reference only and are published daily when TARGET system is open.
All currencies are quoted against the euro (base currency) - The foreign exchange reference rates are published by the European Central Bank: 23-01-2026
ARS - Argentine Peso: 33.0667
AUD - Australian dollar: 0.0335
BGN - Bulgarian Lev: 0.0387
BRL - Brazilian Real: 0.1218
CAD - Canadian Dollar: 0.0316
CHF - Swiss Franc: 0.0181
CNY - Chinese Yuan Renminbi: 0.1608
CZK - Czech Koruna: 0.4744
DKK - Danish Krone: 0.1461
DZD - Algerian Dinar: 2.9896
EGP - Egyptian Pound: 1.0874
EUR - Euro: 0.0196
GBP - British Pound Sterling: 0.0169
HKD - Hong Kong Dollar: 0.1799
HRK - Croatian Kuna: 0.1474
HUF - Hungarian Forint: 7.4717
IDR - Indonesian Rupiah: 387.3803
ILS - Israeli Shekel: 0.0723
INR - Indian Rupee: 2.1189
JPY - Japanese Yen: 3.6121
KRW - South Korean Won: 33.5749
MAD - Moroccan Dirham: 0.2112
MXN - Mexican Peso: 0.4012
MYR - Malaysian Ringgit: 0.0924
NOK - Norwegian Krone: 0.2259
NZD - New Zealand Dollar: 0.0388
PHP - Philippine Peso: 1.3617
PLN - Polish Zloty: 0.0823
RON - Romanian New Leu: 0.0997
RUB - Russian Ruble: 1.7414
SAR - Saudi Arabian Riyal: 0.0865
SEK - Swedish Krona: 0.207
SGD - Singapore Dollar: 0.0294
THB - Thai Baht: 0.7163
TND - Tunisian Dinar: 0.0671
TRY - Turkish Lira: 1
USD - United States dollar: 0.0199
ZAR - South African Rand: 0.3713