NZD/TRY: what to know
The NZD/TRY rate shows how much TRY you get for 1 NZD. Right now, 1 NZD buys 28.0153 TRY at the mid-market rate. In the other direction, 1 TRY is worth 0.0357 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while TRY responds to high inflation and central-bank policy.
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin. 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 NZD/TRY rate has ranged between 23.7253 and 28.7512 — a change of +14.60% 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.