Currency Converter: 1 TRY to KRW

The Turkish Lira to South Korean Won exchange rate shows how much one Turkish Lira is worth in South Korean Won. It changes often based on things like interest rates, inflation, and global events. If the rate is , that means 1 Turkish Lira equals South Korean Won. When the Turkish Lira gets stronger, you get more South Korean Won for your Turkish Lira. When it weakens, you get less. People and businesses use these rates when trading, traveling, or sending money across countries.

As of 20-06-2025, the Turkish Lira to South Korean Won exchange rate is approximately 1 Turkish Lira = South Korean Won. This means if you exchange 1 Turkish Lira, you'll receive about South Korean Won. Keep in mind, exchange rates can change throughout the day due to market conditions.

Yes, the Turkish Lira to South Korean Won exchange rate changes every day. It moves based on factors like economic news, interest rates, trade, and global events. Because these factors keep shifting, the rate can go up or down throughout the day and from one day to the next. This constant change is why the exchange rate you see today might be different tomorrow.

Here’s a simple explanation of each factor affecting the Turkish Lira to South Korean Won exchange rate. All these factors work together to push the Turkish Lira South Korean Won exchange rate up or down.

• Interest Rates: When a country’s central bank raises interest rates, saving or investing there becomes more attractive because you earn more money. For example, if Europe’s rates go up, more people want Turkish Lira to invest, so the Turkish Lira’s value rises compared to the South Korean Won.
• Inflation: Inflation means prices for goods and services go up. If inflation is low, the currency keeps its buying power. High inflation makes money less valuable, so a country with lower inflation usually has a stronger currency.
• Economic Performance: If Europe’s economy is doing well—lots of jobs, good business growth—investors feel confident buying Turkish Lira. That demand pushes the Turkish Lira’s value higher against the South Korean Won.
• Political Stability: Stable governments make investors feel safe. If Europe is politically calm, more people want Turkish Lira. Political troubles or uncertainty scare investors, which can weaken the Turkish Lira.
• Trade Balance: If Europe sells more goods to other countries than it buys (a trade surplus), there’s more demand for Turkish Lira because buyers need Turkish Lira to pay. This demand can raise the Turkish Lira’s value.
• Market Sentiment: Traders react quickly to news, rumors, or global events. If people expect the Turkish Lira to get stronger, they buy Turkish Lira now, which can actually make the Turkish Lira stronger. This is why exchange rates can sometimes jump suddenly.