Yatırımcı.AI

Euro to Turkish Lira in 2011

Last updated: Source: CBRT

According to Yatırımcı.AI data, the average CBRT euro rate in 2011 was TRY 2.3338 (forex selling) and TRY 2.3226 (forex buying). The year opened at TRY 2.0705 on January 3, 2011; the last rate was TRY 2.4556 on December 30, 2011. The high was TRY 2.5809 on August 23, 2011 and the low TRY 2.0298 on January 6, 2011 (forex selling).

2011 at a glance

Yearly average (selling)
TRY 2.3338
Yearly average (buying)
TRY 2.3226
First rate (January 3, 2011)
TRY 2.0705
Last rate (December 30, 2011)
TRY 2.4556
High (August 23, 2011)
TRY 2.5809
Low (January 6, 2011)
TRY 2.0298

CBRT euro rate by month, 2011

CBRT euro rate by month, 2011
MonthAvg. sellingHighLow
January 2011TRY 2.0900TRY 2.1947January 31, 2011TRY 2.0298January 6, 2011
February 2011TRY 2.1710TRY 2.2146February 24, 2011TRY 2.1397February 17, 2011
March 2011TRY 2.2123TRY 2.2447March 7, 2011TRY 2.1868March 28, 2011
April 2011TRY 2.2007TRY 2.2605April 29, 2011TRY 2.1652April 7, 2011
May 2011TRY 2.2614TRY 2.2954May 31, 2011TRY 2.2198May 9, 2011
June 2011TRY 2.3070TRY 2.3605June 29, 2011TRY 2.2587June 13, 2011
July 2011TRY 2.3665TRY 2.4883July 26, 2011TRY 2.3041July 12, 2011
August 2011TRY 2.5175TRY 2.5809August 23, 2011TRY 2.4110August 2, 2011
September 2011TRY 2.4746TRY 2.5278September 29, 2011TRY 2.4244September 14, 2011
October 2011TRY 2.5105TRY 2.5708October 20, 2011TRY 2.4569October 31, 2011
November 2011TRY 2.4590TRY 2.4994November 23, 2011TRY 2.4219November 4, 2011
December 2011TRY 2.4637TRY 2.4821December 28, 2011TRY 2.4432December 15, 2011

Source: Central Bank of the Republic of Türkiye (CBRT) indicative exchange rates. The CBRT sets and announces these rates at 15:30 every business day; the tables show the CBRT forex buying and selling rates, not free-market or bank rates. Averages are simple means over the business days with an announcement; highs and lows use the forex selling rate.

Frequently Asked Questions

Based on CBRT indicative rates, the average euro rate in 2011 was TRY 2.3338 (forex selling) and TRY 2.3226 (forex buying). It is the simple mean over 251 business days with an announced rate.

In 2011 the CBRT forex selling rate peaked at TRY 2.5809 on August 23, 2011 and bottomed at TRY 2.0298 on January 6, 2011.

The CBRT did not announce rates on December 31, 2011; the rate announced on the last business day, December 30, 2011, was TRY 2.4438 (forex buying) and TRY 2.4556 (forex selling) for 1 euro.

The tables show the indicative forex buying and selling rates the CBRT announces at 15:30 on every business day. Rates at banks, exchange offices and in the free market can differ because of spreads and timing.