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IOTA to Turkish Lira Converter and calculator

Convert 1IOTA (IOTA) to Turkish Lira (TRY) equals ₺ 6.96 | Bitget
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of IOTA(IOTA) to Turkish Lira(TRY). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 6.96 TRY . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

TRY information

About the Turkish Lira (TRY)

What Is the Turkish Lira (TRY)?

The Turkish Lira, represented by the symbol ₺ and the ISO code TRY, is the official currency of Turkey and Northern Cyprus. It is divided into 100 smaller units called kuruş. The lira, which has a rich history dating back to the Ottoman Empire, has undergone significant transformations over the years.

The Turkish Lira is issued by the Central Bank of the Republic of Turkey, which is the country's central bank. It is responsible for regulating and issuing the Turkish Lira as the official currency of Turkey. The Central Bank of Turkey is also responsible for monetary policy and maintaining the stability of the Turkish Lira in the financial markets.

What Is the History of TRY?

The lira's roots can be traced back to the ancient Roman unit of weight, the libra. The Ottoman lira was introduced in 1844, replacing the kuruş as the main unit of account. The first Turkish lira was introduced in 1923. Over the years, the lira experienced various pegs to foreign currencies, including the sterling and the franc, and later the US dollar. However, due to persistent devaluation, the lira's value fell drastically, leading to its ranking as the world's least valuable currency in certain years. In 2005, a significant revaluation occurred with the introduction of the new Turkish lira, which removed six zeros from the old currency. This change aimed to stabilize the currency and simplify financial transactions.

Notes and Coins of TRY

The coin denominations include 1, 5, 10, 25, and 50 kuruş, as well as the 1 lira coin. Each coin showcases distinct Turkish symbols and landmarks, such as the snowdrop on the 1 kuruş and the Bosphorus Bridge on the 50 kuruş. The banknotes, on the other hand, come in denominations of 5, 10, 20, 50, 100, and 200 liras. They are adorned with portraits of prominent Turkish figures, including Mustafa Kemal Atatürk.

Economic Challenges and Currency Crisis

The Turkish lira has faced significant challenges, particularly since 2018. Factors such as political influence on monetary policy, unorthodox banking methods, and external economic pressures have led to rapid inflation and depreciation of the lira. Despite attempts to stabilize the currency, including interest rate adjustments, the lira has continued to struggle, experiencing record lows against major currencies like the US dollar.

Is TRY A Stable Currency?

The Turkish Lira has been facing significant instability, marked by a notable depreciation against major currencies and high inflation rates. The lira's volatility is largely attributed to unconventional economic policies and political influence on monetary decisions. For instance, the lira experienced a dramatic decline in value, with inflation soaring to over 80% in 2022, as reported by various financial sources. This economic turbulence has been further exacerbated by global economic pressures and geopolitical factors. The currency's rapid devaluation was highlighted by its steep fall against the US Dollar, where it lost over 400% of its value since 2008.

Is TRY Pegged to Other Currencies?

The Turkish Lira (TRY) is not pegged to any specific foreign currency. Historically, Turkey has used various exchange rate regimes, including fixed pegs to foreign currencies, such as the US Dollar, in the past. However, the country transitioned to a more flexible exchange rate regime, which allows the lira's value to be determined by supply and demand in the foreign exchange market.

This move towards a floating exchange rate system occurred after the 2001 economic crisis in Turkey, which led to a major devaluation of the currency. Since then, the Turkish government has generally allowed the lira to float freely, with occasional interventions in the foreign exchange market to stabilize extreme fluctuations.

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Bitget crypto-to-fiat exchange data shows that the most popular IOTA currency pair is the IOTA to TRY, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for TRY.

IOTA to TRY conversion rate trend

In the past 1D, IOTA has changed -1.98% to TRY. Based on the trend and price charts, IOTA(IOTA) has changed -1.98% to TRY while Turkish Lira(TRY) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/05/19 02:00:19(UTC+0)

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What factors influence the conversion rate of IOTA to Turkish Lira?

IOTA to Turkish Lira is rising this week.
IOTA's current market price is ₺ 6.96 per IOTA, with a total market cap of ₺ 22,740,368,212.22 TRY based on a circulating supply of 3,267,780,900 IOTA. The trading volume of IOTA has changed by -24.63% (₺ -94,916,311.07 TRY) in the last 24 hours. Last trading day, IOTA's trading volume was ₺ 385,439,122.34.
Market cap
24h volume
Circulating supply
3.27B IOTA

Conversion tables

The exchange rate of IOTA is increasing.
1 IOTA is currently valued at ₺ 6.96 TRY , which means buying 5 IOTA will cost ₺ 34.79 TRY . Similarly, ₺1 TRY can be traded for 0.1437 IOTA, and ₺50 TRY can be converted to 7.18 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Turkish Lira has changed by +2.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.98%, reaching a high of 7.14 TRY and a low of 6.94 TRY . One month ago, the value of 1 IOTA was ₺ 6.75 TRY , which represents a +3.07% change from its current value. Over the last year, IOTA has changed by
, resulting in a change of +18.72% in its value.


02:18 am today
0.5 IOTA
100 IOTA
500 IOTA
1000 IOTA


Amount02:18 am today
0.5TRY0.07185  IOTA
1TRY0.1437  IOTA
5TRY0.7185  IOTA
10TRY1.44  IOTA
50TRY7.18  IOTA
100TRY14.37  IOTA
500TRY71.85  IOTA
1000TRY143.7  IOTA
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Today vs. 24 hours ago

Amount02:18 am today24 hours ago24h change
0.5 IOTA$0.1079$0.1101
1 IOTA$0.2158$0.2202
5 IOTA$1.08$1.1
10 IOTA$2.16$2.2
50 IOTA$10.79$11.01
100 IOTA$21.58$22.02
500 IOTA$107.91$110.09
1000 IOTA$215.83$220.18

Today vs. 1 month ago

Amount02:18 am today1 month ago1M change
0.5 IOTA$0.1079$0.1047
1 IOTA$0.2158$0.2094
5 IOTA$1.08$1.05
10 IOTA$2.16$2.09
50 IOTA$10.79$10.47
100 IOTA$21.58$20.94
500 IOTA$107.91$104.69
1000 IOTA$215.83$209.39
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Today vs. 1 year ago

Amount02:18 am today1 year ago1Y change
0.5 IOTA$0.1079$0.09090
1 IOTA$0.2158$0.1818
5 IOTA$1.08$0.9090
10 IOTA$2.16$1.82
50 IOTA$10.79$9.09
100 IOTA$21.58$18.18
500 IOTA$107.91$90.9
1000 IOTA$215.83$181.79

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.2988 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by -10.00%. By the end of 2030, the IOTA price is projected to reach $0.6862, with a cumulative ROI of +217.93%.
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Buy IOTA for 1 TRY
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy IOTA for 1 TRY
A welcome pack worth 1000 USDT for new Bitgetters!
Buy IOTA now


Buy IOTA for 1 TRY

A welcome pack worth 1000 USDT for new Bitgetters!

Buy IOTA now
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