20 TRY = 38.43 PHP
21 TRY = 40.35 PHP. 22 TRY = 42.27 PHP. 23 TRY = 44.19 PHP. 24 TRY = 46.11 PHP. 25 TRY = 48.03 PHP. 26 TRY = 49.95 PHP. 27 TRY = 51.87 PHP. 28 TRY = 53.80 PHP. 29 TRY = 55.72 PHP.
30 TRY = 57.64 PHP
31 TRY = 59.56 PHP. 32 TRY = 61.48 PHP. 33 TRY = 63.40 PHP. 34 TRY = 65.32 PHP. 35 TRY = 67.24 PHP. 36 TRY = 69.17 PHP. 37 TRY = 71.09 PHP. 38 TRY = 73.01 PHP. 39 TRY = 74.93 PHP.
40 TRY = 76.85 PHP
41 TRY = 78.77 PHP. 42 TRY = 80.69 PHP. 43 TRY = 82.62 PHP. 44 TRY = 84.54 PHP. 45 TRY = 86.46 PHP. 46 TRY = 88.38 PHP. 47 TRY = 90.30 PHP. 48 TRY = 92.22 PHP. 49 TRY = 94.14 PHP.
50 TRY = 96.06 PHP
51 TRY = 97.99 PHP. 52 TRY = 99.91 PHP. 53 TRY = 101.83 PHP. 54 TRY = 103.75 PHP. 55 TRY = 105.67 PHP. 56 TRY = 107.59 PHP. 57 TRY = 109.51 PHP. 58 TRY = 111.43 PHP. 59 TRY = 113.36 PHP.
60 TRY = 115.28 PHP
61 TRY = 117.20 PHP. 62 TRY = 119.12 PHP. 63 TRY = 121.04 PHP. 64 TRY = 122.96 PHP. 65 TRY = 124.88 PHP. 66 TRY = 126.80 PHP. 67 TRY = 128.73 PHP. 68 TRY = 130.65 PHP. 69 TRY = 132.57 PHP.
70 TRY = 134.49 PHP
71 TRY = 136.41 PHP. 72 TRY = 138.33 PHP. 73 TRY = 140.25 PHP. 74 TRY = 142.18 PHP. 75 TRY = 144.10 PHP. 76 TRY = 146.02 PHP. 77 TRY = 147.94 PHP. 78 TRY = 149.86 PHP. 79 TRY = 151.78 PHP.
80 TRY = 153.70 PHP
81 TRY = 155.62 PHP. 82 TRY = 157.55 PHP. 83 TRY = 159.47 PHP. 84 TRY = 161.39 PHP. 85 TRY = 163.31 PHP. 86 TRY = 165.23 PHP. 87 TRY = 167.15 PHP. 88 TRY = 169.07 PHP. 89 TRY = 170.99 PHP.
90 TRY = 172.92 PHP
91 TRY = 174.84 PHP. 92 TRY = 176.76 PHP. 93 TRY = 178.68 PHP. 94 TRY = 180.60 PHP. 95 TRY = 182.52 PHP. 96 TRY = 184.44 PHP. 97 TRY = 186.36 PHP. 98 TRY = 188.29 PHP. 99 TRY = 190.21 PHP.
100 TRY = 192.13 PHP
110 TRY = 211.34 PHP. 120 TRY = 230.55 PHP. 130 TRY = 249.77 PHP. 140 TRY = 268.98 PHP. 150 TRY = 288.19 PHP. 160 TRY = 307.41 PHP. 170 TRY = 326.62 PHP. 180 TRY = 345.83 PHP. 190 TRY = 365.04 PHP.
200 TRY = 384.26 PHP
210 TRY = 403.47 PHP. 220 TRY = 422.68 PHP. 230 TRY = 441.90 PHP. 240 TRY = 461.11 PHP. 250 TRY = 480.32 PHP. 260 TRY = 499.53 PHP. 270 TRY = 518.75 PHP. 280 TRY = 537.96 PHP. 290 TRY = 557.17 PHP.
300 TRY = 576.39 PHP
310 TRY = 595.60 PHP. 320 TRY = 614.81 PHP. 330 TRY = 634.02 PHP. 340 TRY = 653.24 PHP. 350 TRY = 672.45 PHP. 360 TRY = 691.66 PHP. 370 TRY = 710.88 PHP. 380 TRY = 730.09 PHP. 390 TRY = 749.30 PHP.
400 TRY = 768.51 PHP
410 TRY = 787.73 PHP. 420 TRY = 806.94 PHP. 430 TRY = 826.15 PHP. 440 TRY = 845.37 PHP. 450 TRY = 864.58 PHP. 460 TRY = 883.79 PHP. 470 TRY = 903.00 PHP. 480 TRY = 922.22 PHP. 490 TRY = 941.43 PHP.
500 TRY = 960.64 PHP
510 TRY = 979.85 PHP. 520 TRY = 999.07 PHP. 530 TRY = 1,018.28 PHP. 540 TRY = 1,037.49 PHP. 550 TRY = 1,056.71 PHP. 560 TRY = 1,075.92 PHP. 570 TRY = 1,095.13 PHP. 580 TRY = 1,114.34 PHP. 590 TRY = 1,133.56 PHP.
600 TRY = 1,152.77 PHP
610 TRY = 1,171.98 PHP. 620 TRY = 1,191.20 PHP. 630 TRY = 1,210.41 PHP. 640 TRY = 1,229.62 PHP. 650 TRY = 1,248.83 PHP. 660 TRY = 1,268.05 PHP. 670 TRY = 1,287.26 PHP. 680 TRY = 1,306.47 PHP. 690 TRY = 1,325.69 PHP.
700 TRY = 1,344.90 PHP
710 TRY = 1,364.11 PHP. 720 TRY = 1,383.32 PHP. 730 TRY = 1,402.54 PHP. 740 TRY = 1,421.75 PHP. 750 TRY = 1,440.96 PHP. 760 TRY = 1,460.18 PHP. 770 TRY = 1,479.39 PHP. 780 TRY = 1,498.60 PHP. 790 TRY = 1,517.81 PHP.
800 TRY = 1,537.03 PHP
810 TRY = 1,556.24 PHP. 820 TRY = 1,575.45 PHP. 830 TRY = 1,594.67 PHP. 840 TRY = 1,613.88 PHP. 850 TRY = 1,633.09 PHP. 860 TRY = 1,652.30 PHP. 870 TRY = 1,671.52 PHP. 880 TRY = 1,690.73 PHP. 890 TRY = 1,709.94 PHP.
900 TRY = 1,729.16 PHP
910 TRY = 1,748.37 PHP. 920 TRY = 1,767.58 PHP. 930 TRY = 1,786.79 PHP. 940 TRY = 1,806.01 PHP. 950 TRY = 1,825.22 PHP. 960 TRY = 1,844.43 PHP. 970 TRY = 1,863.65 PHP. 980 TRY = 1,882.86 PHP. 990 TRY = 1,902.07 PHP.
1000 TRY = 1,921.28 PHP
1100 TRY = 2,113.41 PHP. 1200 TRY = 2,305.54 PHP. 1300 TRY = 2,497.67 PHP. 1400 TRY = 2,689.80 PHP. 1500 TRY = 2,881.93 PHP. 1600 TRY = 3,074.05 PHP. 1700 TRY = 3,266.18 PHP. 1800 TRY = 3,458.31 PHP. 1900 TRY = 3,650.44 PHP.
2000 TRY = 3,842.57 PHP
2100 TRY = 4,034.70 PHP. 2200 TRY = 4,226.83 PHP. 2300 TRY = 4,418.95 PHP. 2400 TRY = 4,611.08 PHP. 2500 TRY = 4,803.21 PHP. 2600 TRY = 4,995.34 PHP. 2700 TRY = 5,187.47 PHP. 2800 TRY = 5,379.60 PHP. 2900 TRY = 5,571.72 PHP.
3000 TRY = 5,763.85 PHP
3100 TRY = 5,955.98 PHP. 3200 TRY = 6,148.11 PHP. 3300 TRY = 6,340.24 PHP. 3400 TRY = 6,532.37 PHP. 3500 TRY = 6,724.49 PHP. 3600 TRY = 6,916.62 PHP. 3700 TRY = 7,108.75 PHP. 3800 TRY = 7,300.88 PHP. 3900 TRY = 7,493.01 PHP.
4000 TRY = 7,685.14 PHP
4100 TRY = 7,877.27 PHP. 4200 TRY = 8,069.39 PHP. 4300 TRY = 8,261.52 PHP. 4400 TRY = 8,453.65 PHP. 4500 TRY = 8,645.78 PHP. 4600 TRY = 8,837.91 PHP. 4700 TRY = 9,030.04 PHP. 4800 TRY = 9,222.16 PHP. 4900 TRY = 9,414.29 PHP.
5000 TRY = 9,606.42 PHP
5100 TRY = 9,798.55 PHP. 5200 TRY = 9,990.68 PHP. 5300 TRY = 10,182.81 PHP. 5400 TRY = 10,374.93 PHP. 5500 TRY = 10,567.06 PHP. 5600 TRY = 10,759.19 PHP. 5700 TRY = 10,951.32 PHP. 5800 TRY = 11,143.45 PHP. 5900 TRY = 11,335.58 PHP.
6000 TRY = 11,527.71 PHP
6100 TRY = 11,719.83 PHP. 6200 TRY = 11,911.96 PHP. 6300 TRY = 12,104.09 PHP. 6400 TRY = 12,296.22 PHP. 6500 TRY = 12,488.35 PHP. 6600 TRY = 12,680.48 PHP. 6700 TRY = 12,872.60 PHP. 6800 TRY = 13,064.73 PHP. 6900 TRY = 13,256.86 PHP.
7000 TRY = 13,448.99 PHP
7100 TRY = 13,641.12 PHP. 7200 TRY = 13,833.25 PHP. 7300 TRY = 14,025.37 PHP. 7400 TRY = 14,217.50 PHP. 7500 TRY = 14,409.63 PHP. 7600 TRY = 14,601.76 PHP. 7700 TRY = 14,793.89 PHP. 7800 TRY = 14,986.02 PHP. 7900 TRY = 15,178.15 PHP.
8000 TRY = 15,370.27 PHP
8100 TRY = 15,562.40 PHP. 8200 TRY = 15,754.53 PHP. 8300 TRY = 15,946.66 PHP. 8400 TRY = 16,138.79 PHP. 8500 TRY = 16,330.92 PHP. 8600 TRY = 16,523.04 PHP. 8700 TRY = 16,715.17 PHP. 8800 TRY = 16,907.30 PHP. 8900 TRY = 17,099.43 PHP.
9000 TRY = 17,291.56 PHP
9100 TRY = 17,483.69 PHP. 9200 TRY = 17,675.81 PHP. 9300 TRY = 17,867.94 PHP. 9400 TRY = 18,060.07 PHP. 9500 TRY = 18,252.20 PHP. 9600 TRY = 18,444.33 PHP. 9700 TRY = 18,636.46 PHP. 9800 TRY = 18,828.58 PHP. 9900 TRY = 19,020.71 PHP.
10000 TRY = 19,212.84 PHP
10100 TRY = 19,404.97 PHP. 10200 TRY = 19,597.10 PHP. 10300 TRY = 19,789.23 PHP. 10400 TRY = 19,981.36 PHP. 10500 TRY = 20,173.48 PHP. 10600 TRY = 20,365.61 PHP. 10700 TRY = 20,557.74 PHP. 10800 TRY = 20,749.87 PHP. 10900 TRY = 20,942.00 PHP.
11000 TRY = 21,134.13 PHP
11100 TRY = 21,326.25 PHP. 11200 TRY = 21,518.38 PHP. 11300 TRY = 21,710.51 PHP. 11400 TRY = 21,902.64 PHP. 11500 TRY = 22,094.77 PHP. 11600 TRY = 22,286.90 PHP. 11700 TRY = 22,479.02 PHP. 11800 TRY = 22,671.15 PHP. 11900 TRY = 22,863.28 PHP.
12000 TRY = 23,055.41 PHP
12100 TRY = 23,247.54 PHP. 12200 TRY = 23,439.67 PHP. 12300 TRY = 23,631.80 PHP. 12400 TRY = 23,823.92 PHP. 12500 TRY = 24,016.05 PHP. 12600 TRY = 24,208.18 PHP. 12700 TRY = 24,400.31 PHP. 12800 TRY = 24,592.44 PHP. 12900 TRY = 24,784.57 PHP.
13000 TRY = 24,976.69 PHP
13100 TRY = 25,168.82 PHP. 13200 TRY = 25,360.95 PHP. 13300 TRY = 25,553.08 PHP. 13400 TRY = 25,745.21 PHP. 13500 TRY = 25,937.34 PHP. 13600 TRY = 26,129.46 PHP. 13700 TRY = 26,321.59 PHP. 13800 TRY = 26,513.72 PHP. 13900 TRY = 26,705.85 PHP.
14000 TRY = 26,897.98 PHP
14100 TRY = 27,090.11 PHP. 14200 TRY = 27,282.24 PHP. 14300 TRY = 27,474.36 PHP. 14400 TRY = 27,666.49 PHP. 14500 TRY = 27,858.62 PHP. 14600 TRY = 28,050.75 PHP. 14700 TRY = 28,242.88 PHP. 14800 TRY = 28,435.01 PHP. 14900 TRY = 28,627.13 PHP.
15000 TRY = 28,819.26 PHP
Currency graphs have been hyperactive with high jumps and low dips lately. This fluctuation is normal and is governed by supply and demand.
Currency exchange involves the buying and selling of the world's monies vis-à-vis any other commodity. If the need for a particular country's currency is high, the high demand leads to a higher forex rate, and vice versa.
Just like the demand and supply of oil is influenced by the number of vehicles on the road or the technological efficiency in the production of that oil, money has similar determinants.
They range from monetary policies to politics and other factors that affect the economy.
Inflation rates are direct indicators of the purchasing power of a country's currency. If the inflation rate is high in your country, you might need more money to buy a cup of coffee now than you did last year. If it is low, the same cup of coffee will cost surprisingly lower.
High inflation rates indicate a weakening economy, while low inflation rates denote a strengthening economy. Currency values rise when the inflation rate is lower, and the economy is stronger. They fall when inflation rises.
Economy and politics are tied at the hip. Bad political temperatures can lead to the weakening of a country's currency and cause it to trade for less in the forex market. That is why you find that 1 USD can be worth thousands in countries with unstable politics from Venezuela to Zimbabwe. When politics is bad, it destroys the business environment and productivity, leading to a weaker economy.
Politically sound countries, on the other hand, have an encouraging environment for investors and innovators. Their economy gets stronger, and the demand for their currencies increases. However, even politically stable countries can have rapid changes in exchange rates when nearing an election.
Higher interest rate is another investor magnet. Let's say country A has a higher interest rate than country B. Lenders get high rates and investors are guaranteed a higher return on their investments in country A. This country will, therefore, attract more business from the outside and entrepreneurship from the inside than country B which has lower interest’s rates. The economy of country A will outperform that of country B, and it will see its currency value appreciate significantly.
International trade affects the balance of trade between country A and B. It shows interest, dividend, and earnings made from the exchange of goods between those two countries. Country A would have a deficit of its buying more of country B's products.
This country would spend more currency than it receives from trading with country B. The excess demand for country B's currency drives up its value because it starts to become scarce. On the other hand, country A's currency value will start to decline because the world is oversupplied with it.
Countries that operate on a deficit budget spend more than they make (collect in taxes). These countries often turn to internal or international borrowing to fill the gap in their finances and stimulate the economy.
However, that can lead to a massive public debt that discourages foreign investors and domestic entrepreneurs because large public debt drives up inflation and minimize returns on investment. The economy of such a country takes on a downturn. That eventuality leads to a weaker currency and a lower exchange rate.
Much of the whipsawing currently happening in the Forex market is linked to the coronavirus. Health disasters like these wreak havoc to a country's economy and make it impossible to work. A lot of resources are directed towards the health issue, while other areas of the economy suffer.
When it comes to ailments like influenza, malaria, and HIV AIDs, developed countries, have created better response strategies and lowered their infection rates. These countries boast of better economies as a result, and higher exchange rates in the Forex market.
But for a new epidemic that is affecting all parts of the world equally, exchange rates are dropping and rising based on individual country's response measures, death tolls, and progress in developing a cure vaccine.
Countless factors affect the demand and supply of a country's currency and in turn, the exchange rate. It all boils down to economic productivity and stability. Countries with stronger or strengthening economies will have a higher exchange rate (you will buy more foreign currency with their money) compared to countries with weaker or weakening economies.
Exchange Rates Tomorrow (ERT)