Silver Price in Turkish Lira (₺) Today
Live silver price converted to Turkish Lira (TRY) using real-time exchange rates. Prices shown for .999 fine, .925 sterling, .900 coin, and .800 silver purities.
The current price of silver in Turkish Lira is ₺3.181,54 per troy ounce for .999 fine silver. Sterling silver (.925) is worth ₺2.942,93 per ounce.
.999 Fine
₺3.181,54
.925 Sterling
₺2.942,93
.900 Coin
₺2.863,39
.800 Silver
₺2.545,23
Data source: TwelveData XAG/USD spot price × TRY/USD exchange rate. Last updated: 3/25/2026, 7:09:57 PM
Silver Price by Quantity (TRY)
| Quantity | .999 Fine | .925 Sterling | .900 Coin | .800 Silver |
|---|---|---|---|---|
| 1 Troy Ounce | ₺3.181,54 | ₺2.942,93 | ₺2.863,39 | ₺2.545,23 |
| 1 Gram | ₺102,29 | ₺94,62 | ₺92,06 | ₺81,83 |
| 10 Grams | ₺1.022,89 | ₺946,17 | ₺920,60 | ₺818,31 |
| 100 Grams | ₺10.228,89 | ₺9.461,72 | ₺9.206,00 | ₺8.183,11 |
| 1 Kilogram | ₺102.288,87 | ₺94.617,20 | ₺92.059,98 | ₺81.831,09 |
| 1 Tola (11.66g) | ₺1.192,69 | ₺1.103,24 | ₺1.073,42 | ₺954,15 |
| 5 Troy Ounces | ₺15.907,71 | ₺14.714,63 | ₺14.316,94 | ₺12.726,17 |
| 10 Troy Ounces | ₺31.815,42 | ₺29.429,26 | ₺28.633,88 | ₺25.452,33 |
Silver Prices in Turkish Lira: What You Need to Know
Turkey has experienced dramatic currency depreciation, making the Turkish lira one of the weakest major currencies in recent years. Silver prices in lira have skyrocketed — often showing triple-digit annual percentage gains purely from currency effects. This has driven enormous interest in precious metals among Turkish citizens seeking to preserve purchasing power against persistent inflation.
Tax, VAT & Import Duties
Silver purchases in Turkey are subject to 20% KDV (Katma Deger Vergisi / VAT). Gold coins and bars are KDV-exempt when traded through the Istanbul Gold Exchange (Borsa Istanbul Precious Metals Market), but silver does not receive this exemption. There is no capital gains tax on precious metals for individuals in Turkey, which partially offsets the high VAT burden.
How Silver Is Traded in Turkey
Turkey's precious metals market is anchored by the Borsa Istanbul Precious Metals and Diamond Market (BIST-KIYMETLI). Istanbul's Grand Bazaar (Kapali Carsi) remains a major physical trading center with hundreds of gold and silver dealers. Turkish banks — particularly Ziraat, Vakif, and Halk — offer gold savings accounts but silver banking products are limited. Gramm gold (small denominated gold) is culturally dominant, but silver interest is growing rapidly as gold prices rise beyond many savers' reach.
How Silver Price in TRY Is Calculated
The silver price in Turkish Lira is calculated by multiplying the global XAG/USD spot price by the current TRY/USD exchange rate. Today's rate: 1 USD = 44,3627 TRY.
Formula: Silver Price (TRY) = XAG/USD Spot Price × TRY/USD Rate
Example: $71.72 × 44.3627 = ₺3.181,54 per troy ounce
Frequently Asked Questions
How much is 1 ounce of silver in Turkish Lira today?
One troy ounce of .999 fine silver is currently worth ₺3.181,54 (TRY). Sterling silver (.925 purity) is worth ₺2.942,93 per troy ounce. Prices are converted from the live XAG/USD spot rate using real-time exchange rates.
Why has silver risen so dramatically in Turkish lira?
Silver's explosive gains in TRY are primarily driven by the Turkish lira's severe depreciation. When the lira loses 40-50% of its value against the USD in a year, silver priced in lira can double or triple even with modest USD price movements. Turkish citizens have increasingly turned to precious metals, foreign currency, and real estate to escape lira devaluation.
Is silver taxed in Turkey?
Silver purchases carry 20% KDV (VAT) in Turkey. Unlike gold (which is KDV-exempt through Borsa Istanbul), silver does not receive this exemption. However, there is no capital gains tax on precious metals for individuals, making the tax burden a one-time cost at purchase rather than an ongoing concern.
Can I buy silver at the Grand Bazaar in Istanbul?
Yes. The Grand Bazaar (Kapali Carsi) has hundreds of precious metals dealers selling both jewelry and investment silver. Prices are negotiable, particularly for larger purchases. For investment-grade bullion, verify purity certificates and buy from established shops with Borsa Istanbul connections. Street vendors outside the bazaar should be avoided.
Is silver becoming more popular than gold in Turkey?
Silver interest is growing as gold prices have risen beyond many Turkish savers' budgets. At roughly 1/80th the price of gold, silver offers an accessible entry point for precious metals ownership. However, gold remains culturally dominant in Turkey (gifted at weddings, births, and holidays). Silver is gaining ground primarily among younger, investment-focused buyers.