TRY/INR: what to know
The TRY/INR rate shows how much INR you get for 1 TRY. Right now, 1 TRY buys 1.9814 INR at the mid-market rate. In the other direction, 1 INR is worth 0.5047 TRY.
In the short term TRY is driven mainly by high inflation and central-bank policy, while INR responds to oil prices and capital flows.
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 Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the TRY/INR rate has ranged between 1.9494 and 2.1436 — a change of -8.17% 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.