EUR/TRY


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EURO / Turkish Lira Trading


The Euro's History

After a decade of planning, the euro was introduced on January 1, 1999; for the first three years, it was a 'invisible' currency, used solely for accounting and electronic payments. On January 1, 2002, coins and banknotes were introduced, and the largest cash changeover in history occurred in 12 EU countries.

History of the Turkish Lira

The Ottoman Lira was introduced as the Ottoman Empire's primary currency in 1844, replacing the kurus. Following the fall of the Ottoman Empire in 1923 and the foundation of the Republic of Turkey, the Lira was renamed the Turkish Lira.

EUR/TRY Forex Chart
Instrument: EUR/TRY
Spread: floating
Leverage: 1:20
Margin: 5.00%
Minimum Nominal Trade Size: 1000
Overnight Interest (daily) Sell: -888.52%
Overnight Interest (daily) Buy: -21.38%
Trading Hours (GMT): 24/5
MT5 / MT4 Symbol: EUR/TRY

EUR/TRY Trading FAQs

The optimum periods to trade these products are around 1:30 a.m., 2 a.m., 8:30 a.m., and 10:00 a.m. Eastern Time in the United States, as well as between midnight and midday, when European and American exchanges maintain all cross markets active and liquid.

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