Location map
author: OCHAReliefWeb

- Southeastern Europe and Southwestern Asia (the West of the Bosporus portion is geographically part of Europe), bordering the Black Sea, the Aegean Sea and the Mediterranean Sea;
- Neighbours: Cyprus, Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria.

- temperate;
- hot, dry summers with mild, wet winters;
- harsher in interior.

Natural hazards:
- severe earthquakes, especially in northern Turkey, along an arc extending from the Sea of Marmara to Lake Van.

European Union:

Currency: Lira
Code: TRY
Since: 2005

Exchange rates at December 31st:

1 EUR = 6.0530 TRY (2018)
1 EUR = 4.5237 TRY (2017)
1 EUR = 3.7166 TRY (2016)
1 EUR = 3.1896 TRY (2015)
1 EUR = 2.8323 TRY (2014)
1 EUR = 2.9397 TRY (2013)
1 EUR = 2.3565 TRY (2012)
1 EUR = 2.4556 TRY (2011)
1 EUR = 2.0650 TRY (2010)




Turkey FY2018 Market Portfolio

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Latest news

TURKEY: Can Akin CAGLAR steps down as CEO of EUREKO Sigorta

Dutch insurer ACHMEA announced that Can Akin CAGLAR has decided to step down from his position as CEO of EUREKO Sigorta, Achmea's subsidiary in Turkey, as per the 10th of May 2019. He held this position for the past five years.

TURKEY: MTPL prices determined by driver history

The Ministry of the Treasury and Finance of Turkey added a new amendment to current MTPL Tariffs Principles Regulation, according to which insurance companies can use drivers' history to determine the final MTPL price.