INR/TRY: what to know
The INR/TRY rate shows how much TRY you get for 1 INR. Right now, 1 INR buys 0.5047 TRY at the mid-market rate. In the other direction, 1 TRY is worth 1.9814 INR.
In the short term INR is driven mainly by oil prices and capital flows, while TRY responds to high inflation and central-bank policy.
The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010. 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 INR/TRY rate has ranged between 0.4665 and 0.5130 — a change of +8.89% 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.