How have Euro and Turkish Lira changed over the years?

Examples of Annual Changes

As of 2023, let's say you bought 1,000 Euros. Last year, the value of Euro against TL was 17 TL, but it is currently 23 TL. This change offers significant earning opportunities for Turkish investors.

•    2022: 1,000 EUR x 17 TL = 17,000 TL
•    2023: 1,000 EUR x 23 TL = 23,000 TL
•    Increase: 23,000 TL - 17,000 TL = 6,000 TL gain
•    Change Percentage: 6,00017,000×100≈35.29%\frac{6,000}{17,000} \times 100 \approx 35.29\%17,0006,000×100≈35.29%

The 35.29% gain achieved on an annual basis emphasizes the importance of earning in Euros for Turkish investors.

Three-Year Change

In 2021, the value of the Euro against the TL was around 10 TL. In this case:

•    2021: 1,000 EUR x 10 TL = 10,000 TL
•    2023: 1,000 EUR x 23 TL = 23,000 TL
•    Total Earnings:
•    23,000 TL - 10,000 TL = 13,000 TL
•    Change Percentage: 13,00010,000×100≈130%\frac{13,000}{10,000} \times 100 \approx 130\%10,00013,000×100≈130%

This 130% increase shows that investors' earnings in Euros have significant potential. Turkish investors can also seize the opportunity to earn in Euros by purchasing real estate in Thailand.

Conclusion:

Making a real estate investment in Thailand offers an attractive option for Turkish investors. The exchange between Euro and TL reveals the potential for investors to increase their foreign exchange earnings. The growing real estate market in Thailand offers opportunities to earn in Euros. Turkish investors may consider making a real estate investment in Thailand to evaluate these opportunities.

Thailand is not only a beautiful holiday destination for Turkish investors, it also offers opportunities to make profitable real estate investments. Fluctuations in exchange rates and economic growth in Thailand provide significant advantages for investors.
Real estate investments in Thailand are supported not only by local economic growth but also foreign exchange earnings. Turkish investors should consider making an investment in Thailand to evaluate these opportunities. Real estate investment in Thailand is an opportunity that offers the potential to earn significant profits in the future.