XPD/TRY: what to know
The XPD/TRY rate shows how much TRY you get for 1 XPD. Right now, 1 XPD buys 62,822.71 TRY at the mid-market rate. In the other direction, 1 TRY is worth 0.0000159178 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while TRY responds to high inflation and central-bank policy.
Palladium is used mainly in petrol-engine catalytic converters. 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.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.