EUR/TRY

20.38614
0.06%
Daily
  • L. 20.37573
  • H. 20.4318
  • Ch. -0.01279
  • Ch.% -0.06%
Overview
Costs & Margins
  • EUR/TRY is an exotic forex pair representing how many Turkish liras equal one euro. The Turkish lira has at times been linked to the French franc, British pound and US dollar. Now it is free floating, but the Turkish economy experiences extreme volatility as it struggles with inflation and economic growth. Turkey has experienced an ongoing debt crisis from 2018 through 2022, with the lira losing 44% of its value in 2021.

    A large portion of Turkey’s economy relies on foreign aid from other countries, so political friction with countries like the US or UK can strongly influence the emerging market’s economy. Once a candidate for the EU, Turkey’s relationship with the union has deteriorated since 2016 with the increase of political unrest in the country.

  • Margin From
    12.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1000
  • Long
    0.0
  • Short
    0.0
  • Min Stop Distance
    0.0015 points
  • Spreads
  • Spreads From
    0.02758 Points
  • Margins
  • 0 - 90 000
    12.0 %
  • 90 000 - 900 000
    20.0 %
  • 900 000 - 2250 000
    30.0 %
  • 2250 000 +
    40.0 %
  • Dealing
  • Spreads
    0.02758 Points
  • Margins
  • 0 - 90 000
    12.0 %
  • 90 000 - 900 000
    20.0 %
  • 900 000 - 2250 000
    30.0 %
  • 2250 000 +
    40.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
20.44859
Bid
20.43318
Offer
20.47746
Distance
0
Last Updated: 1/24/2023 10:00:00 PM

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