AUD/TRY: what to know
The AUD/TRY rate shows how much TRY you get for 1 AUD. Right now, 1 AUD buys 34.5704 TRY at the mid-market rate. In the other direction, 1 TRY is worth 0.0289 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while TRY responds to high inflation and central-bank policy.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira.
Over the past 12 months the AUD/TRY rate has ranged between 26.9875 and 35.0196 — a change of +26.47% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.