1 TRY to GEL - Convert Turkish Lira to Georgian Lari

Over the last 7 days, the TRY to GEL exchange rate moved between 0.058000 and 0.061300. The average rate for the week was 0.059757, with a volatility of 1.57%. The Turkish Lira weakened against the Georgian Lari by 2.8% during this period.

Looking at the 30-day window, the TRY/GEL pair traded in a range of 0.057700 to 0.062100. The monthly average was 0.059917 with 1.75% volatility. This downward movement of 2.9% suggests significant momentum in the TRY/GEL exchange rate.

The current mid-market exchange rate is 1 TRY = 0.056531 GEL, updated as of July 3, 2026, 8:50 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Turkish Lira to Georgian Lari Exchange Rate

The TRY/GEL exchange rate tells you how many Georgian Lari (GEL) you receive for every Turkish Lira (TRY). At the current mid-market rate of 1 TRY = 0.056531 GEL, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the TRY to GEL Rate

Exchange rates between Turkish Lira and Georgian Lari are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the TRY/GEL rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from TRY to GEL

International money transfers from Turkish Lira to Georgian Lari can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Turkish Lira Overview

The Turkish Lira (TRY) is the official currency of Turkey. It has experienced significant volatility in recent years due to monetary policy decisions and economic conditions. The Central Bank of the Republic of Turkey manages its monetary policy. Understanding the fundamentals behind TRY helps contextualize its exchange rate movements against GEL and other currencies.

Georgian Lari Overview

The Georgian Lari (GEL) is the official currency of Georgia, an EU candidate since 2023. Tourism, wine production, and a growing tech sector drive the economy. The GEL exchange rate against TRY reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 TRY = 0.056531 GEL shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.