1 TRY = 8.5 PKR
Exchange rate for 1 TRY to PKR is RS. 8.5
Last updated on 25-Dec-2025 at 12:00 AM
TRY to PKR Open Market Rates
The global currency exchange market is witnessing dynamic fluctuations, and one currency pair gaining attention is the Turkish Lira (TRY) to Pakistani Rupee (PKR). Whether you are a traveler, investor, remitter, or forex enthusiast, staying updated with the TRY to PKR open market rate and forecast is essential. Current economic conditions in Turkey and Pakistan, combined with global market trends, are impacting this pair significantly.
In this post, we explore TRY to PKR rate trends, real-time open market rates, historical movements, and expert forecasts, giving you a complete outlook. You can check live rates and perform currency conversions via our dedicated TRY to PKR converter.
Current TRY to PKR Open Market Rate
As of today, 1 Turkish Lira (TRY) is trading around PKR 9.70 – 9.90 in the open market. Rates may vary slightly depending on city, exchange provider, and market conditions.
| Currency | Buy Rate (PKR) | Sell Rate (PKR) | Date |
|---|---|---|---|
| Turkish Lira (TRY) | 9.70 | 9.90 | 21 May 2026 |
| USD to PKR | 280.50 | 282.20 | 21 May 2026 |
| EUR to PKR | 303.80 | 307.40 | 21 May 2026 |
Historical Performance of TRY to PKR
Over the past year, the Turkish Lira has seen significant volatility due to inflation, political changes, and monetary policy shifts.
Annual Trend Overview
- January 2024: TRY at ~PKR 14.20
- June 2024: Lira fell to PKR 11.00 due to inflation near 45%
- December 2024: Central Bank measures stabilized TRY at PKR 10.50
- May 2026: TRY near PKR 9.70 due to continued depreciation
Factors Influencing TRY to PKR Exchange Rate
1. Inflation & Monetary Policies in Turkey
High inflation and central bank interest rate policies directly affect the Lira’s value, influencing the TRY to PKR rate.
2. Political & Economic Stability
Political uncertainty in Turkey and Pakistan’s economic challenges can lead to rapid currency fluctuations.
3. Trade Relations Between Pakistan & Turkey
Bilateral trade volumes affect demand and supply for TRY. Increased exports from Turkey to Pakistan can strengthen the Lira.
4. Remittances & Tourism
Tourism and remittance inflows influence currency demand and impact PKR to TRY conversions.
TRY to PKR Forecast – What to Expect
Forecasts consider economic indicators, technical analysis, and geopolitical developments. Experts anticipate continued TRY depreciation in the near term.
Short-Term Forecast (Q2 2026)
- TRY may trade between PKR 9.40 – 10.00
- Central Bank interventions may temporarily stabilize rates
Medium-Term Forecast (End of 2026)
- TRY to PKR expected between PKR 8.90 – 10.20 depending on fiscal and monetary reforms in Turkey
- IMF support or economic reforms may slightly strengthen the Lira
| Timeframe | Forecasted Rate | Expected Trend |
|---|---|---|
| Q2 2026 | 9.40 - 10.00 PKR | Slight Decrease |
| Q3 2026 | 9.00 - 9.80 PKR | Stable to Weak |
| Q4 2026 | 8.90 - 10.20 PKR | Volatile |
Expert Insights
- Inflation control in Turkey
- Investor confidence and capital flow
- Political transparency and stability
- Oil and energy price fluctuations
Meanwhile, PKR faces pressure due to imports, debt repayments, and State Bank tightening.
Conclusion
The TRY to PKR pair reflects the economic realities of Turkey and Pakistan. With Turkey combating inflation and Pakistan handling external imbalances, expect volatility. Use real-time tools, forecasts, and trusted forex platforms to make informed decisions for remittances, travel, or investments.
FAQs – TRY to PKR Rate & Forecast
1. What is the current open market rate?
1 TRY ≈ PKR 9.70 – 9.90 as of May 21, 2026.
2. Why is the Turkish Lira falling against PKR?
High inflation, political uncertainty, and monetary policies in Turkey are causing depreciation.
3. Should I convert TRY to PKR now?
If expecting further depreciation, converting now may be advantageous. Check latest forecasts before transactions.
4. Will TRY strengthen in the future?
Potential for slight rebound exists if Turkey manages inflation and improves investor confidence, but short-term forecasts remain bearish.
5. Where can I check live TRY to PKR rates?
Check XE, Forex.pk, or our live TRY to PKR converter page for real-time updates.
