Australian Dollar / Turkish Lira

AUD/TRY shows the value of one Australian dollar in Turkish lira. The Australian dollar is managed by the Reserve Bank of Australia (RBA). A sizeable Turkish community lives in Australia, and the Anzac Day commemorations at Gallipoli are among the symbols of the human ties between the two countries.

Australia's economy is built on exports of iron ore, coal, natural gas and agricultural products, so the Australian dollar is sensitive to commodity prices and demand in China. It can tend to gain value when risk appetite is strong and to weaken during periods of uncertainty. RBA interest rate decisions and Australian inflation data are also decisive for the currency's path. The Australian dollar's value is closely related to the country's current account and foreign trade data as well.

The AUD/TRY rate combines the Australian dollar's moves against the US dollar with the Turkish lira's general trend. The AUD/TRY value shown on Lzzo.com is a cross reference rate derived from market exchange rates, not a bank buy/sell price; prices applied to money transfers to Australia or to cash currency transactions differ.