TRY to PHP today: Turkish lira to Philippine peso
1 Turkish lira = ₱1.2768, and ₱1,000 buys 783.21 TRY. The BSP does not publish a Turkish lira rate; this figure is the European Central Bank rate worked through the BSP dollar rate. Against 2 Oct 2025, when it was ₱1.3994, 1,000 TRY brings ₱122.64 less (1,000 × ₱0.1226). Next: ask the sending firm how many pesos will arrive and test it in the quote checker; collect at a BSP-registered office near you (offices by province).
Rate: European Central Bank euro reference rate of 49.15 TRY per US dollar on 2 Oct 2026, converted at the BSP weighted average dollar rate on the 2 Oct 2026 bulletin (₱62.7480). Working: ₱62.7480 per US$ ÷ 49.15 TRY per US$ = ₱1.2768.
1 TRY = ₱1.2768 · ₱1 = 0.7832 TRY · official rate (ECB via BSP dollar rate), 2 Oct 2026
The converter applies the 2 Oct 2026 rate with no fee or spread.
Check a quote against the official rate
Type the TRY amount and the pesos your app or counter promises; the checker shows what the rate and fee cost you in pesos. If the gap is wide, try another firm before you send.
- What this transfer costs you against the official rate
- ₱9.58 (1.50%)
- At the official rate
- ₱638.40
- Provider's effective rate
- ₱1.2576
Rate used: 1 TRY = ₱1.2768, 2 Oct 2026. Cost = value at that rate minus the pesos that arrive, plus the fee converted at the same rate.
TRY to PHP over 30, 90 and 365 days
| Period to 2 Oct 2026 | High | Low | Average | Change |
|---|---|---|---|---|
| 30 days 23 rates | ₱1.29603 Sep 2026 | ₱1.274730 Sep 2026 | ₱1.2859 | -1.12%from ₱1.2912 |
| 90 days 64 rates | ₱1.31593 Jul 2026 | ₱1.27247 Aug 2026 | ₱1.2918 | -2.97%from ₱1.3159 |
| 365 days 245 rates | ₱1.409129 Oct 2025 | ₱1.27247 Aug 2026 | ₱1.3410 | -8.76%from ₱1.3994 |
Pesos per 1 TRY. Change = (today − start of period) ÷ start of period. Each day computed the same way as today's rate: BSP weighted-average dollar rate / European Central Bank TRY per US dollar.
TRY and PHP amounts, both ways
TRY to PHP
| 1 TRY | ₱1.2768 |
|---|---|
| 5 TRY | ₱6.38 |
| 10 TRY | ₱12.77 |
| 50 TRY | ₱63.84 |
| 100 TRY | ₱127.68 |
| 500 TRY | ₱638.40 |
| 1,000 TRY | ₱1,276.79 |
| 5,000 TRY | ₱6,383.97 |
Each row: amount × ₱1.2768, the 2 Oct 2026 rate, before fees.
PHP to TRY
| ₱100 | 78.32 TRY |
|---|---|
| ₱500 | 391.61 TRY |
| ₱1,000 | 783.21 TRY |
| ₱5,000 | 3,916.06 TRY |
| ₱10,000 | 7,832.12 TRY |
| ₱50,000 | 39,160.61 TRY |
Each row: pesos ÷ ₱1.2768, before fees. Sending one of these amounts? Test the pesos promised in the quote checker.
Receiving TRY transfers in the Philippines
Cash remittances from Turkey reached US$7 million in 2025 (BSP, preliminary).
Lira sent to the Philippines are normally converted by the sending firm and paid out in pesos: into a bank account, an e-wallet such as GCash or Maya, or as cash at a remittance agent. Ask for the peso amount before you send, because that figure already includes the firm's rate.
Neither BPI nor Metrobank posts a board rate for Turkish lira notes, so ask the sender to have the money paid out in pesos rather than carry the cash home. Find a registered office near you on the remittance centres by province page, compare e-wallet cash-in and cash-out fees, and check the InstaPay and PESONet fee before moving the pesos to your bank.
How Philippine tax treats TRY you receive
- Money family abroad sends you is not part of your gross income: gifts are excluded under NIRC Sec. 32(B)(3), and an OFW's pay earned abroad is not taxed here under Sec. 23(C). Money paid to you for work is income in any currency. More: are remittances taxable?
- OFW remittances are exempt from documentary stamp tax when the recipient shows the OFW's OEC or OWWA certificate (RA 8042 Sec. 35 as amended by RA 10022). More: documentary stamp tax.
- Kept in a foreign currency deposit, the interest of a resident is taxed at a 20% final tax since 1 July 2025 (RA 12214, CMEPA). More: final tax.
- A business converts TRY amounts at the BSP rate on the transaction day, is taxed on forex gains only when realized, and loses other rates in an audit unless it filed the sworn statement (BIR RMC 12-2024). More: income tax.
TRY to PHP questions
How much is 2,000 TRY in Philippine pesos?
2,000 × ₱1.2768 = ₱2,553.59 at the 2 Oct 2026 rate, and 10,000 TRY is ₱12,767.93. What arrives is lower by the provider's fee and rate margin.
What is the highest TRY to PHP rate?
In the three years to 2 Oct 2026 the highest daily value was ₱2.0632 on 2 Oct 2023 and the lowest ₱1.2724 on 7 Aug 2026. By monthly average, the highest since October 2023 was ₱2.0382 in October 2023. Source: European Central Bank.
Will the Turkish lira go up against the peso?
Nobody can know that in advance. It moves with interest-rate decisions of the BSP and the central bank of Turkey, trade and remittance flows, and global risk appetite. Over the last year it ranged from ₱1.2724 (7 Aug 2026) to ₱1.4091 (29 Oct 2025).
Why does my bank or app give less than ₱1.2768?
This is a reference rate with no spread; anyone buying lira from you pays less and may add a fee. Neither BPI nor Metrobank posts a board rate for the Turkish lira (boards as of 2 Oct 2026, 4:19 PM and 2 Oct 2026, 9:09 AM), so ask the sender to have the money paid out in pesos and compare the pesos that arrive.
Which rate applies on a weekend or holiday?
The European Central Bank and the BSP publish only on their working days, so the 2 Oct 2026 figure stays in use until both publish again, Monday 5 Oct 2026 at the earliest. Source: European Central Bank rates page.
Does the sender owe tax on a large gift from Turkey?
Possibly. Donor's tax is 6% of a donor's total gifts above ₱250,000 in a calendar year (NIRC Sec. 99 as amended by RA 10963), and the sender owes it, not the recipient. At the 2 Oct 2026 rate, ₱250,000 is 195,803.05 TRY. Source: RA 10963 (TRAIN), Sec. 99.