TRY/CZK: what to know
The TRY/CZK rate shows how much CZK you get for 1 TRY. Right now, 1 TRY buys 0.4335 CZK at the mid-market rate. In the other direction, 1 CZK is worth 2.3066 TRY.
In the short term TRY is driven mainly by high inflation and central-bank policy, while CZK responds to Czech central-bank policy and euro moves.
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 Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
Over the past 12 months the TRY/CZK rate has ranged between 0.4286 and 0.5039 — a change of -14.20% 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.