Yatırımcı.AI

Euro to Turkish Lira in 2016

Last updated: Source: CBRT

According to Yatırımcı.AI data, the average CBRT euro rate in 2016 was TRY 3.3483 (forex selling) and TRY 3.3423 (forex buying). The year opened at TRY 3.2174 on January 4, 2016; the last rate was TRY 3.7166 on December 30, 2016. The high was TRY 3.7832 on December 6, 2016 and the low TRY 3.1670 on March 10, 2016 (forex selling).

2016 at a glance

Yearly average (selling)
TRY 3.3483
Yearly average (buying)
TRY 3.3423
First rate (January 4, 2016)
TRY 3.2174
Last rate (December 30, 2016)
TRY 3.7166
High (December 6, 2016)
TRY 3.7832
Low (March 10, 2016)
TRY 3.1670

CBRT euro rate by month, 2016

CBRT euro rate by month, 2016
MonthAvg. sellingHighLow
January 2016TRY 3.2751TRY 3.3389January 20, 2016TRY 3.2119January 5, 2016
February 2016TRY 3.2687TRY 3.3213February 11, 2016TRY 3.2247February 3, 2016
March 2016TRY 3.2112TRY 3.2377March 21, 2016TRY 3.1670March 10, 2016
April 2016TRY 3.2183TRY 3.2546April 8, 2016TRY 3.1940April 27, 2016
May 2016TRY 3.3253TRY 3.3810May 11, 2016TRY 3.2103May 2, 2016
June 2016TRY 3.2796TRY 3.3051June 6, 2016TRY 3.2102June 29, 2016
July 2016TRY 3.2888TRY 3.3928July 21, 2016TRY 3.2042July 11, 2016
August 2016TRY 3.3243TRY 3.3747August 3, 2016TRY 3.2970August 31, 2016
September 2016TRY 3.3260TRY 3.3669September 29, 2016TRY 3.2862September 6, 2016
October 2016TRY 3.3951TRY 3.4326October 5, 2016TRY 3.3515October 24, 2016
November 2016TRY 3.5516TRY 3.6499November 25, 2016TRY 3.4120November 1, 2016
December 2016TRY 3.6913TRY 3.7832December 6, 2016TRY 3.6369December 8, 2016

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 2016 was TRY 3.3483 (forex selling) and TRY 3.3423 (forex buying). It is the simple mean over 249 business days with an announced rate.

In 2016 the CBRT forex selling rate peaked at TRY 3.7832 on December 6, 2016 and bottomed at TRY 3.1670 on March 10, 2016.

The CBRT did not announce rates on December 31, 2016; the rate announced on the last business day, December 30, 2016, was TRY 3.7099 (forex buying) and TRY 3.7166 (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.