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1 Turkish Lira to British Pound Sterling

Updated 2 minutes ago
Convert 1 TRY:GBP
 TRY =
    GBP
 Turkish Lira =  British Pounds Sterling
Trending: TL exchange rates for the last 24 hours
  • TRY/USD 0.031049 -0.00137394
  • TRY/EUR 0.028567 -0.00151857
  • TRY/JPY 4.830404 -0.04032729
  • TRY/GBP 0.024445 -0.00128335
  • TRY/CHF 0.028192 -0.00036343
  • TRY/MXN 0.516073 -0.03682210
  • TRY/INR 2.586290 -0.10527429
  • TRY/BRL 0.158846 -0.00220132
  • TRY/CNY 0.224282 -0.00654621

TRY/GBP exchange rate analysis over the past 90 days

Turkish Lira to British Pound Sterling exchange rate: Over the last 90 days, the Turkish Lira weakened by -5.25% against the British Pound Sterling, declining from £0.0257 to £0.0244 per Turkish Lira. This trend reflects the evolving economic dynamics between the Turkey and the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Turkey and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Turkey and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Turkey or United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Turkey relative to the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

try/gbp Historical Chart

TL
Turkish Lira Currency

Country: Turkey

Symbol: TL

ISO Code: TRY

Bank: Central Bank of the Republic of Turkey

Interesting fact about Turkish Lira

The Turkish Lira (TRY) is the official currency of Turkey. It was first introduced in 1923 during the establishment of the modern Turkish Republic. Over the years, the Lira has faced periods of high inflation and numerous currency reforms. Today, it is a significant symbol of Turkey's economy and has a crucial role in trade, commerce, and daily transactions within the country.

£
British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

Quick Conversion Guide

Frequently Asked Questions

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The Turkish Lira to British Pound Sterling exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 TRY to GBP is £0.02.
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Yes, our site provides historical charts that show the trends and fluctuations in the Turkish Lira to British Pound Sterling exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.