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Euro to Turkish Lira in 2023

Last updated: Source: CBRT

According to Yatırımcı.AI data, the average CBRT euro rate in 2023 was TRY 25.7796 (forex selling) and TRY 25.7333 (forex buying). The year opened at TRY 20.0166 on January 2, 2023; the last rate was TRY 32.6326 on December 29, 2023. The high was TRY 32.7526 on December 28, 2023 and the low TRY 19.7395 on January 6, 2023 (forex selling).

2023 at a glance

Yearly average (selling)
TRY 25.7796
Yearly average (buying)
TRY 25.7333
First rate (January 2, 2023)
TRY 20.0166
Last rate (December 29, 2023)
TRY 32.6326
High (December 28, 2023)
TRY 32.7526
Low (January 6, 2023)
TRY 19.7395

CBRT euro rate by month, 2023

CBRT euro rate by month, 2023
MonthAvg. sellingHighLow
January 2023TRY 20.2508TRY 20.5301January 26, 2023TRY 19.7395January 6, 2023
February 2023TRY 20.2132TRY 20.7033February 2, 2023TRY 19.9419February 27, 2023
March 2023TRY 20.3620TRY 20.8825March 31, 2023TRY 19.9682March 8, 2023
April 2023TRY 21.2122TRY 21.4790April 27, 2023TRY 20.8448April 3, 2023
May 2023TRY 21.4974TRY 22.0979May 31, 2023TRY 21.3690May 2, 2023
June 2023TRY 25.1498TRY 28.2048June 26, 2023TRY 22.2332June 1, 2023
July 2023TRY 29.3304TRY 30.2374July 19, 2023TRY 28.3671July 6, 2023
August 2023TRY 29.4507TRY 29.7900August 10, 2023TRY 28.5412August 25, 2023
September 2023TRY 28.8730TRY 29.0828September 29, 2023TRY 28.7551September 8, 2023
October 2023TRY 29.4563TRY 30.1094October 31, 2023TRY 28.8193October 3, 2023
November 2023TRY 30.9690TRY 31.7608November 29, 2023TRY 29.9077November 1, 2023
December 2023TRY 31.7654TRY 32.7526December 28, 2023TRY 31.1663December 7, 2023

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 2023 was TRY 25.7796 (forex selling) and TRY 25.7333 (forex buying). It is the simple mean over 251 business days with an announced rate.

In 2023 the CBRT forex selling rate peaked at TRY 32.7526 on December 28, 2023 and bottomed at TRY 19.7395 on January 6, 2023.

The CBRT did not announce rates on December 31, 2023; the rate announced on the last business day, December 29, 2023, was TRY 32.5739 (forex buying) and TRY 32.6326 (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.