Rate source
The tool uses the buying and selling rates published by the Central Bank of the Republic of Türkiye (TCMB) at 15:30 every business day. Rates are cached on our server for one hour. On weekends and public holidays the last business day's rate applies.
Which rate in accounting?
| Transaction | Rate (general rule) |
|---|---|
| Sales invoice in foreign currency | TCMB buying rate on the transaction date |
| Purchase invoice in foreign currency | TCMB selling rate on the invoice date (in practice) |
| Year-end valuation (Tax Procedure Law art. 280) | TCMB buying rate on the valuation date |
| Exports | TCMB buying rate on the customs declaration date |
| SGK and tax payments | Turkish lira; for foreign-currency salaries, the rate on the payment date |
Payroll for employees paid in foreign currency is converted to TRY at the payment-date rate. The salary calculator also shows foreign-currency equivalents.
Note
This tool is for information; banks' rates differ from TCMB rates. Under Decree No. 32 on the Protection of the Value of the Turkish Currency, setting prices in foreign currency is restricted in certain contracts between residents of Türkiye.