Yatırımcı.AI

Euro to Turkish Lira in 2020

Last updated: Source: CBRT

According to Yatırımcı.AI data, the average CBRT euro rate in 2020 was TRY 8.0453 (forex selling) and TRY 8.0308 (forex buying). The year opened at TRY 6.6750 on January 2, 2020; the last rate was TRY 9.1329 on December 31, 2020. The high was TRY 10.0460 on November 6, 2020 and the low TRY 6.5213 on January 13, 2020 (forex selling).

2020 at a glance

Yearly average (selling)
TRY 8.0453
Yearly average (buying)
TRY 8.0308
First rate (January 2, 2020)
TRY 6.6750
Last rate (December 31, 2020)
TRY 9.1329
High (November 6, 2020)
TRY 10.0460
Low (January 13, 2020)
TRY 6.5213

CBRT euro rate by month, 2020

CBRT euro rate by month, 2020
MonthAvg. sellingHighLow
January 2020TRY 6.5835TRY 6.6838January 6, 2020TRY 6.5213January 13, 2020
February 2020TRY 6.6194TRY 6.8716February 28, 2020TRY 6.5546February 19, 2020
March 2020TRY 7.0173TRY 7.2280March 30, 2020TRY 6.7902March 5, 2020
April 2020TRY 7.4479TRY 7.6014April 28, 2020TRY 7.2409April 3, 2020
May 2020TRY 7.5728TRY 7.8084May 7, 2020TRY 7.4198May 22, 2020
June 2020TRY 7.6806TRY 7.7503June 24, 2020TRY 7.5575June 3, 2020
July 2020TRY 7.8425TRY 8.1628July 29, 2020TRY 7.6912July 1, 2020
August 2020TRY 8.6203TRY 8.7868August 19, 2020TRY 8.1823August 4, 2020
September 2020TRY 8.8929TRY 9.1446September 29, 2020TRY 8.7479September 2, 2020
October 2020TRY 9.3050TRY 9.7160October 30, 2020TRY 9.0539October 1, 2020
November 2020TRY 9.4567TRY 10.0460November 6, 2020TRY 9.0112November 20, 2020
December 2020TRY 9.3918TRY 9.6414December 11, 2020TRY 9.0241December 30, 2020

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 2020 was TRY 8.0453 (forex selling) and TRY 8.0308 (forex buying). It is the simple mean over 250 business days with an announced rate.

In 2020 the CBRT forex selling rate peaked at TRY 10.0460 on November 6, 2020 and bottomed at TRY 6.5213 on January 13, 2020.

The CBRT indicative rates announced on December 31, 2020 put 1 euro at TRY 9.1164 (forex buying) and TRY 9.1329 (forex selling).

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.