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CTY to TRY Converter and calculator

CTY/TRY: 1 CTY = 43.27 TRY. The price of converting 1 Custodiy (CTY) to Turkish Lira (TRY) is 43.27 TRY today.
CTY
CTY
TRY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides CTY to TRY real-time exchange rates, making it easy to convert Custodiy (CTY) to Turkish Lira (TRY). The conversion result is based on real-time data. The conversion result shows that 1 CTY is currently valued at 43.27 TRY. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 CTY is currently valued at 43.27 TRY, which means buying 5 CTY would cost 216.37 TRY. Similarly, ₺1 TRY can be converted to 0.02311 CTY, and ₺50 TRY can be converted to 0.1155 CTY, excluding any platform or gas fees.

Convert CTY to TRY

Convert TRY to CTY

Custodiy
Turkish Lira
100 CTY
4,327.44  TRY
200 CTY
8,654.87  TRY
500 CTY
21,637.19  TRY
1000 CTY
43,274.37  TRY
5000 CTY
216,371.87  TRY
10000 CTY
432,743.74  TRY
In the table above, you'll find a comprehensive CTY to TRY converter that shows the value of Custodiy in Turkish Lira across commonly used conversion amounts. The list covers conversions from 1 CTY to TRY, all the way up to 10000 CTY, providing a clear view of their respective values.
Turkish Lira
Custodiy
100000 TRY
2,310.84 CTY
In the table above, you'll find a comprehensive TRY to CTY converter that shows the value of Turkish Lira in Custodiy across commonly used conversion amounts. The list covers conversions from 1 TRY to CTY, all the way up to 100000 TRY, providing a clear view of their respective values.

CTY to TRY chart

CTY/TRY: 1 CTY = 43.27 TRY; 2025/04/29 19:26:16
In the past 1D, Custodiy has changed -14.83% to TRY. Based on the trend and price charts, Custodiy(CTY) has changed -14.83% to TRY while Turkish Lira(TRY) has changed % to CTY in the last 24 hours.
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CTY to TRY conversion data: Volatility and price changes of Custodiy in TRY

The highest Custodiy price in TRY over the past 7 days was 57.67 TRY while the lowest Custodiy price in TRY over the past 7 days was 36.38 TRY. The relative change between the highs and lows in Custodiy price in TRY over the last 7 days indicates a volatility of %. You can view additional volatility data and CTY to TRY prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
50.82 TRY
57.67 TRY
119.67 TRY
170.6 TRY
Low
36.38 TRY
36.38 TRY
34.59 TRY
34.59 TRY
Average
0 TRY
0 TRY
0 TRY
0 TRY
Volatility
%
%
%
%
Change
-14.83%
-24.96%
-65.28%
-49.37%

Custodiy information

CTY to TRY market statistics

CTY/TRY:
₺43.27
CTY 24h volume:
₺1,930,954.46
CTY market cap:
₺21,487,545
CTY circulating supply:
496.54K CTY

Current CTY to TRY exchange rate

Custodiy to Turkish Lira is falling this week.
Custodiy's current market price is ₺43.27 per CTY, with a total market cap of ₺21,487,545 TRY based on a circulating supply of 496,542 CTY. The trading volume of Custodiy has changed by +86.66% (₺896,483.17 TRY) in the last 24 hours. Last trading day, CTY's trading volume was ₺1,034,471.29.

More info about Custodiy on Bitget

Turkish Lira information

About the Turkish Lira (TRY)

What Is the Turkish Lira (TRY)?

The Turkish Lira, represented by the symbol ₺ and the ISO code TRY, is the official currency of Turkey and Northern Cyprus. It is divided into 100 smaller units called kuruş. The lira, which has a rich history dating back to the Ottoman Empire, has undergone significant transformations over the years.

The Turkish Lira is issued by the Central Bank of the Republic of Turkey, which is the country's central bank. It is responsible for regulating and issuing the Turkish Lira as the official currency of Turkey. The Central Bank of Turkey is also responsible for monetary policy and maintaining the stability of the Turkish Lira in the financial markets.

What Is the History of TRY?

The lira's roots can be traced back to the ancient Roman unit of weight, the libra. The Ottoman lira was introduced in 1844, replacing the kuruş as the main unit of account. The first Turkish lira was introduced in 1923. Over the years, the lira experienced various pegs to foreign currencies, including the sterling and the franc, and later the US dollar. However, due to persistent devaluation, the lira's value fell drastically, leading to its ranking as the world's least valuable currency in certain years. In 2005, a significant revaluation occurred with the introduction of the new Turkish lira, which removed six zeros from the old currency. This change aimed to stabilize the currency and simplify financial transactions.

Notes and Coins of TRY

The coin denominations include 1, 5, 10, 25, and 50 kuruş, as well as the 1 lira coin. Each coin showcases distinct Turkish symbols and landmarks, such as the snowdrop on the 1 kuruş and the Bosphorus Bridge on the 50 kuruş. The banknotes, on the other hand, come in denominations of 5, 10, 20, 50, 100, and 200 liras. They are adorned with portraits of prominent Turkish figures, including Mustafa Kemal Atatürk.

Economic Challenges and Currency Crisis

The Turkish lira has faced significant challenges, particularly since 2018. Factors such as political influence on monetary policy, unorthodox banking methods, and external economic pressures have led to rapid inflation and depreciation of the lira. Despite attempts to stabilize the currency, including interest rate adjustments, the lira has continued to struggle, experiencing record lows against major currencies like the US dollar.

Is TRY A Stable Currency?

The Turkish Lira has been facing significant instability, marked by a notable depreciation against major currencies and high inflation rates. The lira's volatility is largely attributed to unconventional economic policies and political influence on monetary decisions. For instance, the lira experienced a dramatic decline in value, with inflation soaring to over 80% in 2022, as reported by various financial sources. This economic turbulence has been further exacerbated by global economic pressures and geopolitical factors. The currency's rapid devaluation was highlighted by its steep fall against the US Dollar, where it lost over 400% of its value since 2008.

Is TRY Pegged to Other Currencies?

The Turkish Lira (TRY) is not pegged to any specific foreign currency. Historically, Turkey has used various exchange rate regimes, including fixed pegs to foreign currencies, such as the US Dollar, in the past. However, the country transitioned to a more flexible exchange rate regime, which allows the lira's value to be determined by supply and demand in the foreign exchange market.

This move towards a floating exchange rate system occurred after the 2001 economic crisis in Turkey, which led to a major devaluation of the currency. Since then, the Turkish government has generally allowed the lira to float freely, with occasional interventions in the foreign exchange market to stabilize extreme fluctuations.

Bitget crypto-to-fiat exchange data shows that the most popular Custodiy currency pair is the CTY to TRY, with for Custodiy's currency code being CTY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for TRY.

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How to convert CTY to TRY

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CTY to TRY Conversion tables

The exchange rate of Custodiy is decreasing.
The exchange rate of 1 CTY to Turkish Lira has changed by -24.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -14.83%, reaching a high of 50.82 TRY and a low of 36.38 TRY . One month ago, the value of 1 CTY was ₺124.63 TRY , which represents a -65.28% change from its current value. Over the last year, Custodiy has changed by
-
761.18TRY
, resulting in a change of -94.62% in its value.
24 hours ago1 month ago1 year ago
Amount19:26 today24 hours ago24h change
0.5 CTY₺21.64₺25.4
-14.83%
1 CTY₺43.27₺50.81
-14.83%
5 CTY₺216.37₺254.03
-14.83%
10 CTY₺432.74₺508.07
-14.83%
50 CTY₺2,163.72₺2,540.34
-14.83%
100 CTY₺4,327.44₺5,080.67
-14.83%
500 CTY₺21,637.19₺25,403.37
-14.83%
1000 CTY₺43,274.37₺50,806.73
-14.83%

CTY to TRY FAQ

How much is 1 Custodiy in TRY?
Right now, the price of 1 Custodiy (CTY) in Turkish Lira (TRY) is ₺43.27.
How much CTY can I buy for 1 TRY?
Based on the current exchange rate, you can get 0.02311 CTY for 1 TRY.
How do I calculate or convert CTY to TRY?
You can use our CTY to TRY calculator at the top of this page to convert any amount of CTY to TRY. We've also included quick-reference tables for the most popular conversions. For example, 5 TRY is equivalent to 0.1155 CTY, while 5 CTY will cost around 216.37TRY.
What is the highest price of CTY/TRY in history?
The all-time high price of 1 CTY in TRY is ₺6,217.21. It remains to be seen if the value of 1 CTY/TRY will exceed the current all-time high.
What is the price trend of Custodiy in TRY?
Over the past 7 days, the exchange rate of Custodiy (CTY) has gone down by 24.96%.   Over the last month, the exchange rate of Custodiy (CTY) has gone down by 65.28% against Turkish Lira (TRY).

What factors influence the conversion rate of CTY to TRY?

There are many factors that affect the relationship between Custodiy and Turkish Lira, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of CTY/TRY. When there is positive news in the market about the widespread adoption of CTY or major technological breakthroughs, it tends to trigger market optimism and drive the rise of CTY/TRY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in CTY/TRY.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of CTY/TRY. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Custodiy and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.