EUR → TRY · Real-time rate

Convert euros
into Turkish lira (EUR → TRY)

Change your euros (EUR) into Turkish lira (TRY) at the real interbank rate, in real time. Ideal for sending money to Turkey — family, property purchase, spending on site — with a margin from 0.40% and no hidden fees.

Open my free account Conversion tables
EUR → TRYCurrency pair
Real timeMarket rate
0.40%Margin from
35'000+ clientsIndividuals & businesses
CHF 1 Billion+Exchanged since 2018
Up to 10× cheaperThan a traditional bank
4.7/5 · ExcellentOn 2'000+ client reviews
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Affiliated with SO-FIT (SRO)*
EUR/TRY conversion in a nutshell

Convert euros into Turkish lira, at the right rate

The essentials to change your EUR into TRY with no nasty surprises on the rate or the fees.

The real EUR/TRY rate

The interbank (mid-market) rate, with no inflated margin hidden in the displayed rate.

A margin from 0.40%

Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.

Multi-currency account

Manage your euros from an account in your name before sending your funds to Turkey.

A reliable Swiss partner

ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, recognised by FINMA.

What you really pay

EUR → TRY: ibani, bank or exchange office ?

On a EUR 5'000 transfer to Turkey, the margin applied to the rate makes all the difference to the amount received.

CriterionibaniBankExchange office
Starting rateReal interbank"House" rate"House" rate
Exchange marginFrom 0.40%~1.5 to 2%Often > 2%
Transfer feesTransparentVariable—
Estimated cost*~20 EUR~75 EUR> 100 EUR
100% digital trackingYesPartialNo

*Indicative orders of magnitude for a EUR 5'000 transfer to Turkey. Correspondent bank fees may apply. See the details on our Rates page.

Rate movement

Live EUR / TRY exchange rate

Follow the pair's trend to choose the right moment for your exchange.

Conversion tables

How much is 1 EUR in TRY (and the reverse) ?

Indicative amounts, ibani margin included, updated continuously.

EURTRY
EUR 1—
EUR 5—
EUR 10—
EUR 50—
EUR 100—
EUR 500—
EUR 1'000—
EUR 5'000—
EUR 10'000—
EUR 50'000—
TRYEUR
TRY 100—
TRY 500—
TRY 1'000—
TRY 5'000—
TRY 10'000—
TRY 50'000—
TRY 100'000—
TRY 500'000—
TRY 1'000'000—
How to convert

Your EUR changed into TRY, in 3 steps

Create your ibani account for free

100% digital sign-up in 5 minutes, with no opening or account maintenance fees.

Fund your account in euros

Top up your account in EUR, ready to be converted into Turkish lira at the real rate.

Send your Turkish lira at the real rate

ibani converts your EUR into TRY at the market rate and transfers the funds to an account in Turkey.

Other pairs

Convert other currencies

From the euro (EUR)
EUR CHF EUR USD EUR GBP EUR CAD EUR JPY EUR SGD
To the Turkish lira (TRY)
CHF TRY

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The economics of the pair

EUR/TRY: the ECB versus the CBRT

The rate between the euro (EUR) and the Turkish lira (TRY) pits two very different monetary realities against each other. On one side, the European Central Bank (ECB) steers the monetary policy of a eurozone with relatively contained inflation ; on the other, the Central Bank of Turkey (CBRT) faces inflation that remains, despite its decline, markedly higher.

The underlying EUR/TRY trend reflects the structural depreciation of the Turkish lira. After an inflation peak exceeding 75% in 2024, Turkey has embarked on gradual disinflation, but the inflation and interest-rate gap with the eurozone continues to weigh on the TRY. This gap, combined with the CBRT's adjustments to its key rates, explains why the euro tends to appreciate durably against the lira.

The pair is also sensitive to the regional geopolitical context : Turkey sits at the crossroads of areas of tension, and any shock — capital flows, risk premiums, inflation releases — can trigger pronounced movements. For the user sending EUR to Turkey, monitoring the real interbank rate remains essential when converting.

Written by Brice Delhome.

Frequently asked questions

Frequently asked questions about EUR/TRY exchange

Over time, the EUR/TRY trend mainly reflects the structural depreciation of the Turkish lira. High Turkish inflation and the monetary policy of the CBRT (Central Bank of Turkey) weigh on the TRY, while the euro, managed by the ECB (European Central Bank), benefits from more contained inflation. The inflation and interest-rate gap between the eurozone and Turkey is the main driver of the pair.

There is no universally ideal moment. The EUR/TRY rate can be very volatile, as the Turkish lira reacts strongly to CBRT (Central Bank of Turkey) decisions, inflation releases and the regional geopolitical context. Monitor the real interbank rate continuously and trigger your exchange when the level suits your project in Turkey.

With ibani, you open an account for free and fund it in euros. You convert your euros into Turkish lira at the real market rate, then send the funds to an account in Turkey. Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.

ibani applies a transparent margin from 0.40% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. For transfers to Turkey, correspondent bank fees may apply depending on the banking route. It's up to 10× cheaper than a traditional bank.

Change your euros
into Turkish lira at the right rate.

Open an account, convert your EUR into TRY at the real rate and send your funds to Turkey with no hidden fees on the rate. Free account opening, 100% digital, in 5 minutes.
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✓ Real interbank rate  ·  ✓ Margin from 0.40%  ·  ✓ Affiliated with SO-FIT (SRO)

* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.

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Swiss financial intermediary subject to the AMLA regulatory framework

Your money is handled with the utmost regulatory rigour.

ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and exchange operations to our name.

ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).