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 | = | 0.0197 € |
| 50.87557792364 TRY | = | 1 € | |
| 20 TRY | = | 0.3931 € | |
| 50 TRY | = | 0.9828 € | |
| 100 TRY | = | 1.9656 € | |
| 500 TRY | = | 9.8279 € | |
| 1000 TRY | = | 19.6558 € |
| Date | EUR → TRY |
| 23.01.2026 | 50.876 |
| 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: 32.9573
AUD - Australian dollar: 0.0337
BGN - Bulgarian Lev: 0.0387
BRL - Brazilian Real: 0.1219
CAD - Canadian Dollar: 0.0318
CHF - Swiss Franc: 0.0182
CNY - Chinese Yuan Renminbi: 0.1608
CZK - Czech Koruna: 0.477
DKK - Danish Krone: 0.1468
DZD - Algerian Dinar: 2.9918
EGP - Egyptian Pound: 1.0872
EUR - Euro: 0.0197
GBP - British Pound Sterling: 0.0171
HKD - Hong Kong Dollar: 0.1798
HRK - Croatian Kuna: 0.1481
HUF - Hungarian Forint: 7.519
IDR - Indonesian Rupiah: 388.1328
ILS - Israeli Shekel: 0.0724
INR - Indian Rupee: 2.1179
JPY - Japanese Yen: 3.6514
KRW - South Korean Won: 33.8708
MAD - Moroccan Dirham: 0.2116
MXN - Mexican Peso: 0.4034
MYR - Malaysian Ringgit: 0.0923
NOK - Norwegian Krone: 0.2276
NZD - New Zealand Dollar: 0.0391
PHP - Philippine Peso: 1.3642
PLN - Polish Zloty: 0.0827
RON - Romanian New Leu: 0.1001
RUB - Russian Ruble: 1.7496
SAR - Saudi Arabian Riyal: 0.0865
SEK - Swedish Krona: 0.2083
SGD - Singapore Dollar: 0.0295
THB - Thai Baht: 0.72
TND - Tunisian Dinar: 0.0662
TRY - Turkish Lira: 1
USD - United States dollar: 0.02
ZAR - South African Rand: 0.3732