TRY/BTC: what to know
The TRY/BTC rate shows how much BTC you get for 1 TRY. Right now, 1 TRY buys 0.000000268626 BTC at the mid-market rate. In the other direction, 1 BTC is worth 3,722,654.04 TRY.
In the short term TRY is driven mainly by high inflation and central-bank policy, while BTC responds to crypto-market sentiment and liquidity.
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. The supply is capped at 21 million coins.
Over the past 12 months the TRY/BTC rate has ranged between 0.000000192172 and 0.000000366068 — a change of +28.00% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.