Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

OTK to TRY Converter and calculator

OTK/TRY: 1 OTK = 0.1498 TRY. The price of converting 1 Octokn (OTK) to Turkish Lira (TRY) is 0.1498 TRY today.
OTK
OTK
TRY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides OTK to TRY real-time exchange rates, making it easy to convert Octokn (OTK) to Turkish Lira (TRY). The conversion result is based on real-time data. The conversion result shows that 1 OTK is currently valued at 0.15 TRY. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OTK is currently valued at 0.15 TRY, which means buying 5 OTK would cost 0.75 TRY. Similarly, ₺1 TRY can be converted to 6.67 OTK, and ₺50 TRY can be converted to 33.37 OTK, excluding any platform or gas fees.

Convert OTK to TRY

Convert TRY to OTK

Octokn
Turkish Lira
10000 OTK
1,498.44  TRY
In the table above, you'll find a comprehensive OTK to TRY converter that shows the value of Octokn in Turkish Lira across commonly used conversion amounts. The list covers conversions from 1 OTK to TRY, all the way up to 10000 OTK, providing a clear view of their respective values.
Turkish Lira
Octokn
50000 TRY
333,679.98 OTK
100000 TRY
667,359.97 OTK
In the table above, you'll find a comprehensive TRY to OTK converter that shows the value of Turkish Lira in Octokn across commonly used conversion amounts. The list covers conversions from 1 TRY to OTK, all the way up to 100000 TRY, providing a clear view of their respective values.

OTK to TRY chart

OTK/TRY: 1 OTK = 0.1498 TRY; 2025/04/29 19:30:13
In the past 1D, Octokn has changed +5.61% to TRY. Based on the trend and price charts, Octokn(OTK) has changed +5.61% to TRY while Turkish Lira(TRY) has changed % to OTK in the last 24 hours.
1D7D1M3M1YAll

OTK to TRY conversion data: Volatility and price changes of Octokn in TRY

The highest Octokn price in TRY over the past 7 days was 0.2614 TRY while the lowest Octokn price in TRY over the past 7 days was 0.1004 TRY. The relative change between the highs and lows in Octokn price in TRY over the last 7 days indicates a volatility of %. You can view additional volatility data and OTK 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
0.1548 TRY
0.2614 TRY
0.2971 TRY
0.6591 TRY
Low
0.1166 TRY
0.1004 TRY
0.1004 TRY
0.1004 TRY
Average
0 TRY
0 TRY
0 TRY
0 TRY
Volatility
%
%
%
%
Change
+5.61%
-32.89%
-46.22%
-68.71%

Octokn information

OTK to TRY market statistics

OTK/TRY:
₺0.1498
OTK 24h volume:
₺6,788,338.54
OTK market cap:
₺45,423,296.31
OTK circulating supply:
303.14M OTK

Current OTK to TRY exchange rate

Octokn to Turkish Lira is falling this week.
Octokn's current market price is ₺0.1498 per OTK, with a total market cap of ₺45,423,296.31 TRY based on a circulating supply of 303,136,900 OTK. The trading volume of Octokn has changed by +208.25% (₺4,586,119.32 TRY) in the last 24 hours. Last trading day, OTK's trading volume was ₺2,202,219.22.

More info about Octokn 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 Octokn currency pair is the OTK to TRY, with for Octokn's currency code being OTK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for TRY.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 95082.58 USD
popular info ethereum
ETH to USD
1 ETH to 1822.24 USD
popular info ripple
XRP to USD
1 XRP to 2.28 USD
popular info solana
SOL to USD
1 SOL to 148.18 USD
popular info bitcoin
BTC to EUR
1 BTC to 83406.44 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70912.59 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131622.82 CAD
popular info bitcoin
BTC to BRL
1 BTC to 535400.50 BRL
popular info bitcoin
BTC to INR
1 BTC to 8094303.97 INR
popular info pi-network
PI to INR
1 PI to 49.82 INR

Hot promotions

How to convert OTK to TRY

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert OTK to TRY
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy OTK (or USDT) for TRY (Turkish Lira) offers
Bitget P2P trading does not currently support direct buying of OTK with TRY. However, you can buy USDT in Bitget P2P trading first, and then buy OTK with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Octokn Converter

popular info New Taiwan dollar
OTK to TWD
1 OTK to NT$0.1258 TWD
popular info Chinese Yuan
OTK to CNY
1 OTK to ¥0.02834 CNY
popular info United States Dollar
OTK to USD
1 OTK to $0.003897 USD
popular info Turkish Lira
OTK to TRY
1 OTK to ₺0.1498 TRY
popular info Euro
OTK to EUR
1 OTK to €0.003418 EUR
popular info Canadian Dollar
OTK to CAD
1 OTK to C$0.005395 CAD
popular info South Korean Won
OTK to KRW
1 OTK to ₩5.59 KRW
popular info Japanese Yen
OTK to JPY
1 OTK to ¥0.5540 JPY
popular info Pound Sterling
OTK to GBP
1 OTK to £0.002906 GBP
popular info Brazilian Real
OTK to BRL
1 OTK to R$0.02194 BRL

Popular cryptocurrencies to TRY

other assets Sign
SIGN to TRY
1 SIGN to ₺3.98 TRY
other assets Pi
PI to TRY
1 PI to ₺22.69 TRY
other assets Alpaca Finance
ALPACA to TRY
1 ALPACA to ₺7.02 TRY
other assets Cookie DAO
COOKIE to TRY
1 COOKIE to ₺6.89 TRY
other assets Solayer
LAYER to TRY
1 LAYER to ₺124.05 TRY
other assets BNB
BNB to TRY
1 BNB to ₺23,218.39 TRY
other assets Safe
SAFE to TRY
1 SAFE to ₺21.6 TRY
other assets Pundi X (New)
PUNDIX to TRY
1 PUNDIX to ₺15.85 TRY
other assets Initia
INIT to TRY
1 INIT to ₺33.43 TRY
other assets Bitcoin
BTC to TRY
1 BTC to ₺3,665,882 TRY

OTK to TRY Conversion tables

The exchange rate of Octokn is decreasing.
The exchange rate of 1 OTK to Turkish Lira has changed by -32.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.61%, reaching a high of 0.1548 TRY and a low of 0.1166 TRY . One month ago, the value of 1 OTK was ₺0.2787 TRY , which represents a -46.22% change from its current value. Over the last year, Octokn has changed by
-
1.47TRY
, resulting in a change of -90.76% in its value.
24 hours ago1 month ago1 year ago
Amount19:30 today24 hours ago24h change
0.5 OTK₺0.07492₺0.07094
+5.61%
1 OTK₺0.1498₺0.1419
+5.61%
5 OTK₺0.7492₺0.7094
+5.61%
10 OTK₺1.5₺1.42
+5.61%
50 OTK₺7.49₺7.09
+5.61%
100 OTK₺14.98₺14.19
+5.61%
500 OTK₺74.92₺70.94
+5.61%
1000 OTK₺149.84₺141.88
+5.61%

OTK to TRY FAQ

How much is 1 Octokn in TRY?
Right now, the price of 1 Octokn (OTK) in Turkish Lira (TRY) is ₺0.1498.
How much OTK can I buy for 1 TRY?
Based on the current exchange rate, you can get 6.67 OTK for 1 TRY.
How do I calculate or convert OTK to TRY?
You can use our OTK to TRY calculator at the top of this page to convert any amount of OTK to TRY. We've also included quick-reference tables for the most popular conversions. For example, 5 TRY is equivalent to 33.37 OTK, while 5 OTK will cost around 0.7492TRY.
What is the highest price of OTK/TRY in history?
The all-time high price of 1 OTK in TRY is ₺4.63. It remains to be seen if the value of 1 OTK/TRY will exceed the current all-time high.
What is the price trend of Octokn in TRY?
Over the past 7 days, the exchange rate of Octokn (OTK) has gone down by 32.89%.   Over the last month, the exchange rate of Octokn (OTK) has gone down by 46.22% against Turkish Lira (TRY).

What factors influence the conversion rate of OTK to TRY?

There are many factors that affect the relationship between Octokn 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 OTK/TRY. When there is positive news in the market about the widespread adoption of OTK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OTK/TRY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OTK/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 OTK/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 Octokn and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.