Currency Lira to Euro: Latest Exchange Rates and Trends

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A collection of US dollars, euros, and Turkish lira banknotes on a wooden surface.
Credit: pexels.com, A collection of US dollars, euros, and Turkish lira banknotes on a wooden surface.

The Turkish lira to euro exchange rate has been a topic of interest for many, especially those traveling to Turkey or investing in the Turkish economy. The current exchange rate is around 1 TRY = 0.16 EUR.

The exchange rate has been fluctuating due to various economic factors, including inflation and interest rates. In 2020, the lira lost around 20% of its value against the euro.

The Turkish Central Bank has been working to stabilize the lira, but the exchange rate remains volatile. This makes it essential for travelers and investors to stay informed about the current exchange rate and any changes that may occur.

Conversion

To convert Turkish lira to Euros, you can use our currency converter. Simply type in the box how much you want to convert. Then, click on the dropdown to select TRY in the first dropdown as the currency that you want to convert and EUR in the second dropdown as the currency you want to convert to.

Credit: youtube.com, How To Convert Any Currency Using Calculator | Easy Money Conversion Method | Learn Turkish Money

Our currency converter will show you the current TRY to EUR rate and how it's changed over the past day, week or month.

You can also find conversion rates for Turkish lira to Euros in the following table:

In the past 30 days, the TRY to EUR exchange rate reached a high of 0.02755 and a low of 0.02720, with an average rate of 0.02735. The overall change in this period was +0.66%.

Stats

The Turkish Lira has seen a 30 day high of 0.0276 against the Euro.

In the last 30 days, the 30 day average exchange rate was 0.0274, with a change of 0.68.

The 90 day average exchange rate was 0.0273, with a 90 day high of 0.0278 and a low of 0.0267.

Over the past year, the Turkish Lira has decreased in value by -10.28% compared to the Euro.

100 Turkish Lira is equivalent to 2.7401 Euros as of January 16, 2025, at 07:55 PM UTC.

The Turkish Lira has increased by +0.36% year-to-date against the Euro.

Over the past 10 years, the Turkish Lira has declined by -91.33% against the Euro, resulting in a significant loss of purchasing power.

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Credit: youtube.com, "Exploring the Value: Turk Lira and Euro Coins (2002, 2014, 2019)"|History of Coins|

The exchange rate history of the Turkish Lira (TRY) to the Euro (EUR) has been relatively stable over the past two weeks, with a minor fluctuation on January 6th, 2025.

On January 6th, the exchange rate dropped to 0.0272 EUR per TRY, which is the lowest rate observed in the given time period. This slight dip may be worth noting for those planning to convert TRY to EUR.

However, the rate quickly returned to its previous levels, with 1 TRY being worth 0.0274 EUR by January 5th and 4th. This stability suggests that the exchange rate has been relatively consistent during this period.

Here's a summary of the exchange rate fluctuations:

Overall, the exchange rate has been remarkably consistent, making it easier to plan conversions.

By Year

In the last 10 years, the highest TRY to EUR exchange rate was on January 1, 2016 when each Turkish Lira was worth 0.3160 Euros.

The lowest TRY to EUR exchange rate in the last year was 0.02617 Euros per Turkish Lira on September 26, 2024.

Money and finances. Stock charts office screens. Euro currency banknote.
Credit: pexels.com, Money and finances. Stock charts office screens. Euro currency banknote.

If you're looking for the highest TRY to EUR exchange rate in the last year, it was 0.03052 Euros per Turkish Lira on January 16, 2024.

You can view Turkish Lira to Euro rates for specific years by clicking on the links below:

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

The high point for the TRY/EUR rate was 0.03052 Euros per Turkish Lira on January 16, 2024, and the low point was 0.02617 Euros per Turkish Lira on September 26, 2024.

History

History is a fascinating topic, and in this case, it's all about the exchange rate history of the Turkish Lira (TRY) to the Euro (EUR).

On January 12th, 2025, the exchange rate was 1 TRY = 0.0275 EUR. This is a slight increase from the previous day.

Looking at the data, we can see that the exchange rate remained stable at 1 TRY = 0.0274 EUR from January 15th to 14th, 2025. This consistency suggests a relatively calm market.

Man at a currency exchange office window, showing currency rates inside a bustling city.
Credit: pexels.com, Man at a currency exchange office window, showing currency rates inside a bustling city.

The exchange rate also remained the same on January 10th, 2025, at 1 TRY = 0.0275 EUR. This indicates that the market was stable during this period.

On January 6th, 2025, the exchange rate dropped slightly to 1 TRY = 0.0272 EUR. This is a decrease of 0.0002 EUR compared to the previous day.

Here's a summary of the exchange rates on specific days:

The exchange rate on January 5th, 2025, was 1 TRY = 0.0274 EUR, which is the same as the previous day. This suggests that the market was stable during this period.

The exchange rate on January 2nd, 2025, was 1 TRY = 0.0275 EUR, which is a slight increase from the previous day.

When to Convert

The best time to convert Turkish Lira to Euros is between 3-4 PM GMT when currency market liquidity and trading volume tend to be the highest.

During this time, you're more likely to get a better exchange rate due to increased market activity. The TRY and EUR can be traded 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

If you need Euros urgently, it's advisable to convert Turkish Lira to Euros early in the week to avoid a delayed settlement. This is because forex markets are closed on weekends, and executing a trade late in the week might result in a delayed settlement until the following week.

Consider reading: Mid Market Exchange Rate

Frequently Asked Questions

Is Turkey using lira or euro?

Turkey uses the Turkish lira as its official currency, although some businesses in tourist areas may accept euros. In the countryside, lira is the only accepted currency.

Virgil Wuckert

Senior Writer

Virgil Wuckert is a seasoned writer with a keen eye for detail and a passion for storytelling. With a background in insurance and construction, he brings a unique perspective to his writing, tackling complex topics with clarity and precision. His articles have covered a range of categories, including insurance adjuster and roof damage assessment, where he has demonstrated his ability to break down complex concepts into accessible language.

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