CNY/TRY: what to know
The CNY/TRY rate shows how much TRY you get for 1 CNY. Right now, 1 CNY buys 7.1855 TRY at the mid-market rate. In the other direction, 1 TRY is worth 0.1392 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while TRY responds to high inflation and central-bank policy.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. 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 CNY/TRY rate has ranged between 5.7949 and 7.2177 — a change of +24.55% 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.