Inflation calculator - Turkish Lira

This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.

₺100.00 in June 1973
₺1,538,021,002.47 (≈ ₺1.54 billion) in May 2026

The cumulative inflation rate in Turkey between June 1973 and May 2026 was 1.54 billion percent, meaning that overall prices were 15.38 million times higher than they were in June 1973. In other words, the purchasing power of ₺100 in Jun 1973 was equivalent to ₺1.54 billion in May 2026. The average annual inflation rate over this period was 2.64%.

Inflation timeline in Turkey (Jun 1973 - May 2026)

The chart below shows how the value of ₺100 changes over time when adjusted for inflation, based on Consumer Price Index (CPI) data. All values are equivalent in terms of purchasing power, indicating how much money would be needed each year to buy the same goods or services.

All calculations are performed in Turkish lira with six-decimal precision, though displayed values are rounded to two decimals for readability. Inflation figures are sourced from official government and international reports released monthly.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1973-06 to 2026-05 1.54B%
Avg. Monthly inflation from 1973-06 to 2026-05 2.64%
CPI 1973-06 0.0001
CPI 2026-05 1,572.41

How to calculate the time value of money with inflation data?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end months, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between June 1973 and May 2026, use the corresponding CPI values:

ValueMay 2026
=ValueJun 1973 ×
CPIMay 2026/CPIJun 1973
=₺ 100 ×
1,572.41/0.0001
₺1.54B

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of months)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are ₺100 worth today. There are 635 months between June 1973 and May 2026 and the average inflation rate was 2.6403%. Therefore, we can resolve the formula like this:

ValueMay 2026
=PV × (1 + i)n
=₺100 × (1 + 0.026403)635
₺1.54B

Turkey inflation - Conversion table

Initial Value Equivalent value
₺1 lira in 1973-06 ₺15.38M lira in 2026-05
₺5 lira in 1973-06 ₺76.9M lira in 2026-05
₺10 lira in 1973-06 ₺153.8M lira in 2026-05
₺50 lira in 1973-06 ₺769.01M lira in 2026-05
₺100 lira in 1973-06 ₺1.54B lira in 2026-05
₺500 lira in 1973-06 ₺7.69B lira in 2026-05
₺1,000 lira in 1973-06 ₺15.38B lira in 2026-05
₺5,000 lira in 1973-06 ₺76.9B lira in 2026-05
₺10,000 lira in 1973-06 ₺153.8B lira in 2026-05
₺50,000 lira in 1973-06 ₺769.01B lira in 2026-05
₺100,000 lira in 1973-06 ₺1.54T lira in 2026-05
₺500,000 lira in 1973-06 ₺7.69T lira in 2026-05
₺1,000,000 lira in 1973-06 ₺15.38T lira in 2026-05
Cumulative inflation Jun 1973-May 2026 1.54B%
Avg. monthly inflation Jun 1973-May 2026 2.64%
Avg. annual inflation 1973-2025 36.77%
CPI 1973-06 0.0001
CPI 2026-05 1,572.41

Value of Lira over time (by month)

Period Value
1973-06 ₺100
1973-07 ₺100.29
1973-08 ₺101.41
1973-09 ₺106.02
1973-10 ₺108.64
1973-11 ₺109.85
1973-12 ₺111.55
1974-01 ₺112.63
1974-02 ₺112.55
1974-03 ₺118.82
1974-04 ₺120.65
1974-05 ₺122.68
1974-06 ₺124.72
1974-07 ₺126.26
1974-08 ₺127.3
1974-09 ₺130.49
1974-10 ₺133.15
1974-11 ₺136.02
1974-12 ₺139.01
1975-01 ₺140.26
1975-02 ₺146.53
1975-03 ₺149.56
1975-04 ₺150.15
1975-05 ₺151.27
1975-06 ₺151.02
1975-07 ₺151.18
1975-08 ₺151.68
1975-09 ₺153.64
1975-10 ₺157.29
1975-11 ₺159.41
1975-12 ₺161.61
1976-01 ₺167.39
1976-02 ₺171.08
1976-03 ₺172.91
1976-04 ₺173.2
1976-05 ₺173.95
1976-06 ₺176.24
1976-07 ₺177.61
1976-08 ₺180.1
1976-09 ₺183.34
1976-10 ₺186.12
1976-11 ₺187.12
1976-12 ₺192.85
1977-01 ₺194.14
1977-02 ₺197.17
1977-03 ₺202.12
1977-04 ₺204.57
1977-05 ₺207.85
1977-06 ₺209.22
1977-07 ₺216.78
1977-08 ₺220.98
1977-09 ₺237.14
1977-10 ₺254.26
1977-11 ₺271.21
1977-12 ₺283.05
1978-01 ₺294.35
1978-02 ₺310.01
1978-03 ₺315.79
1978-04 ₺325.22
1978-05 ₺342.04
1978-06 ₺356.09
1978-07 ₺369.59
1978-08 ₺379.35
1978-09 ₺396.39
1978-10 ₺415.54
1978-11 ₺428.62
1978-12 ₺435.81
1979-01 ₺445.99
1979-02 ₺455.96
1979-03 ₺467.35
1979-04 ₺491.15
1979-05 ₺512.8
1979-06 ₺568.3
1979-07 ₺617.53
1979-08 ₺643.33
1979-09 ₺673.2
1979-10 ₺719.73
1979-11 ₺757.04
1979-12 ₺792.48
1980-01 ₺874.99
1980-02 ₺991.28
1980-03 ₺1,028.67
1980-04 ₺1,067.97
1980-05 ₺1,100.17
1980-06 ₺1,144.29
1980-07 ₺1,168.63
1980-08 ₺1,210.59
1980-09 ₺1,256.79
1980-10 ₺1,314.79
1980-11 ₺1,334.11
1980-12 ₺1,387.41
1981-01 ₺1,436.85
1981-02 ₺1,457.42
1981-03 ₺1,467.26
1981-04 ₺1,475.49
1981-05 ₺1,516.16
1981-06 ₺1,575.9
1981-07 ₺1,597.51
1981-08 ₺1,610.76
1981-09 ₺1,687.58
1981-10 ₺1,727.38
1981-11 ₺1,764.02
1981-12 ₺1,784.17
1982-01 ₺1,870.17
1982-02 ₺1,912.75
1982-03 ₺1,956.34
1982-04 ₺1,974.88
1982-05 ₺1,980.89
1982-06 ₺2,014.45
1982-07 ₺2,034.99
1982-08 ₺2,062.55
1982-09 ₺2,126.67
1982-10 ₺2,184.29
1982-11 ₺2,234.89
1982-12 ₺2,313.04
1983-01 ₺2,410.23
1983-02 ₺2,470.85
1983-03 ₺2,520.95
1983-04 ₺2,558.02
1983-05 ₺2,575.05
1983-06 ₺2,609.12
1983-07 ₺2,636.17
1983-08 ₺2,697.8
1983-09 ₺2,784.97
1983-10 ₺2,932.76
1983-11 ₺3,042.47
1983-12 ₺3,170.22
1984-01 ₺3,279.44
1984-02 ₺3,329.53
1984-03 ₺3,432.74
1984-04 ₺3,646.66
1984-05 ₺3,823.5
1984-06 ₺4,071.49
1984-07 ₺4,109.06
1984-08 ₺4,211.26
1984-09 ₺4,298.44
1984-10 ₺4,485.8
1984-11 ₺4,658.64
1984-12 ₺4,745.31
1985-01 ₺5,009.83
1985-02 ₺5,175.16
1985-03 ₺5,422.64
1985-04 ₺5,467.73
1985-05 ₺5,598.99
1985-06 ₺5,556.41
1985-07 ₺5,635.56
1985-08 ₺5,781.35
1985-09 ₺6,055.89
1985-10 ₺6,435.13
1985-11 ₺6,733.72
1985-12 ₺6,842.43
1986-01 ₺7,061.36
1986-02 ₺7,184.1
1986-03 ₺7,277.78
1986-04 ₺7,305.34
1986-05 ₺7,444.11
1986-06 ₺7,621.96
1986-07 ₺7,764.74
1986-08 ₺7,832.37
1986-09 ₺8,012.73
1986-10 ₺8,600.88
1986-11 ₺8,796.76
1986-12 ₺8,941.05
1987-01 ₺9,204.06
1987-02 ₺9,452.55
1987-03 ₺9,805.74
1987-04 ₺10,011.15
1987-05 ₺10,505.12
1987-06 ₺10,494.09
1987-07 ₺10,694.99
1987-08 ₺10,878.35
1987-09 ₺11,196.47
1987-10 ₺11,734.02
1987-11 ₺12,466.97
1987-12 ₺13,863.2
1988-01 ₺14,692.84
1988-02 ₺15,241.71
1988-03 ₺16,086.12
1988-04 ₺17,088.87
1988-05 ₺17,679.96
1988-06 ₺17,838.29
1988-07 ₺18,123.28
1988-08 ₺18,556.04
1988-09 ₺19,653.78
1988-10 ₺20,751.52
1988-11 ₺21,859.81
1988-12 ₺22,398.13
1989-01 ₺23,875.86
1989-02 ₺25,015.82
1989-03 ₺25,775.8
1989-04 ₺27,380.19
1989-05 ₺28,214.05
1989-06 ₺28,805.14
1989-07 ₺29,681.22
1989-08 ₺30,726.19
1989-09 ₺32,457.24
1989-10 ₺34,462.72
1989-11 ₺35,961.56
1989-12 ₺36,795.42
1990-01 ₺38,209.82
1990-02 ₺39,898.65
1990-03 ₺41,967.48
1990-04 ₺44,754.04
1990-05 ₺46,126.21
1990-06 ₺46,822.86
1990-07 ₺46,390.1
1990-08 ₺47,572.28
1990-09 ₺51,709.91
1990-10 ₺55,245.91
1990-11 ₺58,011.37
1990-12 ₺59,024.67
1991-01 ₺61,895.69
1991-02 ₺65,252.24
1991-03 ₺68,102.14
1991-04 ₺72,566.99
1991-05 ₺74,984.13
1991-06 ₺77,200.72
1991-07 ₺78,214.02
1991-08 ₺81,327.81
1991-09 ₺86,278.19
1991-10 ₺91,967.45
1991-11 ₺96,791.18
1991-12 ₺101,013.25
1992-01 ₺110,481.28
1992-02 ₺116,043.82
1992-03 ₺121,690.88
1992-04 ₺126,261.3
1992-05 ₺127,369.62
1992-06 ₺127,992.3
1992-07 ₺129,681.15
1992-08 ₺134,631.58
1992-09 ₺144,659
1992-10 ₺155,594.14
1992-11 ₺163,183.37
1992-12 ₺167,648.26
1993-01 ₺176,514.64
1993-02 ₺183,533.82
1993-03 ₺192,284
1993-04 ₺200,717.66
1993-05 ₺210,196.25
1993-06 ₺214,048.82
1993-07 ₺224,498.51
1993-08 ₺230,493.88
1993-09 ₺243,381.76
1993-10 ₺260,154
1993-11 ₺276,789.01
1993-12 ₺286,805.87
1994-01 ₺299,450.97
1994-02 ₺318,950.15
1994-03 ₺337,520.69
1994-04 ₺416,445.84
1994-05 ₺450,801.38
1994-06 ₺459,622.38
1994-07 ₺474,014.63
1994-08 ₺487,478.33
1994-09 ₺517,655.59
1994-10 ₺555,261.08
1994-11 ₺590,545.17
1994-12 ₺631,864.73
1995-01 ₺676,434.24
1995-02 ₺709,397.02
1995-03 ₺741,431.36
1995-04 ₺784,608
1995-05 ₺810,606.87
1995-06 ₺831,498.81
1995-07 ₺857,033.36
1995-08 ₺894,174.53
1995-09 ₺962,885.82
1995-10 ₺1.02M
1995-11 ₺1.07M
1995-12 ₺1.11M
1996-01 ₺1.2M
1996-02 ₺1.26M
1996-03 ₺1.33M
1996-04 ₺1.42M
1996-05 ₺1.48M
1996-06 ₺1.52M
1996-07 ₺1.55M
1996-08 ₺1.63M
1996-09 ₺1.73M
1996-10 ₺1.84M
1996-11 ₺1.93M
1996-12 ₺2M
1997-01 ₺2.12M
1997-02 ₺2.24M
1997-03 ₺2.36M
1997-04 ₺2.51M
1997-05 ₺2.63M
1997-06 ₺2.71M
1997-07 ₺2.88M
1997-08 ₺3.05M
1997-09 ₺3.28M
1997-10 ₺3.55M
1997-11 ₺3.79M
1997-12 ₺3.98M
1998-01 ₺4.27M
1998-02 ₺4.46M
1998-03 ₺4.65M
1998-04 ₺4.87M
1998-05 ₺5.04M
1998-06 ₺5.16M
1998-07 ₺5.33M
1998-08 ₺5.54M
1998-09 ₺5.91M
1998-10 ₺6.27M
1998-11 ₺6.54M
1998-12 ₺6.76M
1999-01 ₺7.08M
1999-02 ₺7.31M
1999-03 ₺7.6M
1999-04 ₺7.97M
1999-05 ₺8.21M
1999-06 ₺8.47M
1999-07 ₺8.8M
1999-08 ₺9.17M
1999-09 ₺9.72M
1999-10 ₺10.33M
1999-11 ₺10.76M
1999-12 ₺11.41M
2000-01 ₺11.96M
2000-02 ₺12.4M
2000-03 ₺12.76M
2000-04 ₺13.06M
2000-05 ₺13.35M
2000-06 ₺13.44M
2000-07 ₺13.74M
2000-08 ₺14.04M
2000-09 ₺14.47M
2000-10 ₺14.92M
2000-11 ₺15.48M
2000-12 ₺15.86M
2001-01 ₺16.25M
2001-02 ₺16.55M
2001-03 ₺17.55M
2001-04 ₺19.37M
2001-05 ₺20.34M
2001-06 ₺20.98M
2001-07 ₺21.48M
2001-08 ₺22.12M
2001-09 ₺23.42M
2001-10 ₺24.84M
2001-11 ₺25.89M
2001-12 ₺26.72M
2002-01 ₺28.15M
2002-02 ₺28.64M
2002-03 ₺28.98M
2002-04 ₺29.58M
2002-05 ₺29.75M
2002-06 ₺29.92M
2002-07 ₺30.35M
2002-08 ₺31.01M
2002-09 ₺32.09M
2002-10 ₺33.15M
2002-11 ₺34.11M
2002-12 ₺34.67M
2003-01 ₺35.57M
2003-02 ₺36.12M
2003-03 ₺36.83M
2003-04 ₺37.19M
2003-05 ₺37.55M
2003-06 ₺37.58M
2003-07 ₺37.51M
2003-08 ₺37.57M
2003-09 ₺38.08M
2003-10 ₺38.43M
2003-11 ₺38.92M
2003-12 ₺39.08M
2004-01 ₺39.34M
2004-02 ₺39.54M
2004-03 ₺39.92M
2004-04 ₺40.12M
2004-05 ₺40.29M
2004-06 ₺40.24M
2004-07 ₺40.43M
2004-08 ₺40.74M
2004-09 ₺41.13M
2004-10 ₺42.05M
2004-11 ₺42.6M
2004-12 ₺42.74M
2005-01 ₺42.97M
2005-02 ₺42.98M
2005-03 ₺43.1M
2005-04 ₺43.4M
2005-05 ₺43.8M
2005-06 ₺43.85M
2005-07 ₺43.59M
2005-08 ₺43.97M
2005-09 ₺44.42M
2005-10 ₺45.21M
2005-11 ₺45.85M
2005-12 ₺46.04M
2006-01 ₺46.38M
2006-02 ₺46.48M
2006-03 ₺46.61M
2006-04 ₺47.24M
2006-05 ₺48.12M
2006-06 ₺48.28M
2006-07 ₺48.69M
2006-08 ₺48.48M
2006-09 ₺49.1M
2006-10 ₺49.72M
2006-11 ₺50.37M
2006-12 ₺50.48M
2007-01 ₺50.99M
2007-02 ₺51.21M
2007-03 ₺51.68M
2007-04 ₺52.3M
2007-05 ₺52.56M
2007-06 ₺52.43M
2007-07 ₺52.05M
2007-08 ₺52.06M
2007-09 ₺52.6M
2007-10 ₺53.55M
2007-11 ₺54.6M
2007-12 ₺54.72M
2008-01 ₺55.16M
2008-02 ₺55.87M
2008-03 ₺56.41M
2008-04 ₺57.35M
2008-05 ₺58.21M
2008-06 ₺58M
2008-07 ₺58.33M
2008-08 ₺58.19M
2008-09 ₺58.45M
2008-10 ₺59.97M
2008-11 ₺60.47M
2008-12 ₺60.22M
2009-01 ₺60.4M
2009-02 ₺60.19M
2009-03 ₺60.85M
2009-04 ₺60.86M
2009-05 ₺61.26M
2009-06 ₺61.32M
2009-07 ₺61.48M
2009-08 ₺61.29M
2009-09 ₺61.53M
2009-10 ₺63.02M
2009-11 ₺63.82M
2009-12 ₺64.15M
2010-01 ₺65.34M
2010-02 ₺66.28M
2010-03 ₺66.67M
2010-04 ₺67.07M
2010-05 ₺66.83M
2010-06 ₺66.45M
2010-07 ₺66.13M
2010-08 ₺66.4M
2010-09 ₺67.22M
2010-10 ₺68.45M
2010-11 ₺68.47M
2010-12 ₺68.26M
2011-01 ₺68.54M
2011-02 ₺69.04M
2011-03 ₺69.33M
2011-04 ₺69.93M
2011-05 ₺71.62M
2011-06 ₺70.6M
2011-07 ₺70.31M
2011-08 ₺70.82M
2011-09 ₺71.35M
2011-10 ₺73.69M
2011-11 ₺74.96M
2011-12 ₺75.39M
2012-01 ₺75.82M
2012-02 ₺76.24M
2012-03 ₺76.56M
2012-04 ₺77.72M
2012-05 ₺77.55M
2012-06 ₺76.86M
2012-07 ₺76.68M
2012-08 ₺77.11M
2012-09 ₺77.91M
2012-10 ₺79.43M
2012-11 ₺79.73M
2012-12 ₺80.04M
2013-01 ₺81.36M
2013-02 ₺81.6M
2013-03 ₺82.14M
2013-04 ₺82.49M
2013-05 ₺82.61M
2013-06 ₺83.24M
2013-07 ₺83.5M
2013-08 ₺83.41M
2013-09 ₺84.05M
2013-10 ₺85.56M
2013-11 ₺85.57M
2013-12 ₺85.96M
2014-01 ₺87.66M
2014-02 ₺88.04M
2014-03 ₺89.03M
2014-04 ₺90.23M
2014-05 ₺90.58M
2014-06 ₺90.86M
2014-07 ₺91.28M
2014-08 ₺91.36M
2014-09 ₺91.49M
2014-10 ₺93.23M
2014-11 ₺93.4M
2014-12 ₺92.98M
2015-01 ₺94.01M
2015-02 ₺94.68M
2015-03 ₺95.8M
2015-04 ₺97.36M
2015-05 ₺97.91M
2015-06 ₺97.41M
2015-07 ₺97.5M
2015-08 ₺97.89M
2015-09 ₺98.76M
2015-10 ₺100.3M
2015-11 ₺100.96M
2015-12 ₺101.17M
2016-01 ₺103.01M
2016-02 ₺102.99M
2016-03 ₺102.95M
2016-04 ₺103.76M
2016-05 ₺104.36M
2016-06 ₺104.85M
2016-07 ₺106.07M
2016-08 ₺105.76M
2016-09 ₺105.95M
2016-10 ₺107.48M
2016-11 ₺108.03M
2016-12 ₺109.81M
2017-01 ₺112.51M
2017-02 ₺113.42M
2017-03 ₺114.57M
2017-04 ₺116.07M
2017-05 ₺116.59M
2017-06 ₺116.28M
2017-07 ₺116.45M
2017-08 ₺117.06M
2017-09 ₺117.82M
2017-10 ₺120.27M
2017-11 ₺122.06M
2017-12 ₺122.9M
2018-01 ₺124.15M
2018-02 ₺125.06M
2018-03 ₺126.3M
2018-04 ₺128.67M
2018-05 ₺130.75M
2018-06 ₺134.17M
2018-07 ₺134.91M
2018-08 ₺138M
2018-09 ₺146.71M
2018-10 ₺150.62M
2018-11 ₺148.45M
2018-12 ₺147.85M
2019-01 ₺149.42M
2019-02 ₺149.66M
2019-03 ₺151.2M
2019-04 ₺153.76M
2019-05 ₺155.22M
2019-06 ₺155.26M
2019-07 ₺157.37M
2019-08 ₺158.72M
2019-09 ₺160.29M
2019-10 ₺163.5M
2019-11 ₺164.13M
2019-12 ₺165.35M
2020-01 ₺167.58M
2020-02 ₺168.17M
2020-03 ₺169.13M
2020-04 ₺170.58M
2020-05 ₺172.9M
2020-06 ₺174.86M
2020-07 ₺175.88M
2020-08 ₺177.4M
2020-09 ₺179.13M
2020-10 ₺182.94M
2020-11 ₺187.15M
2020-12 ₺189.49M
2021-01 ₺192.67M
2021-02 ₺194.42M
2021-03 ₺196.51M
2021-04 ₺199.81M
2021-05 ₺201.59M
2021-06 ₺205.5M
2021-07 ₺209.21M
2021-08 ₺211.55M
2021-09 ₺214.2M
2021-10 ₺219.33M
2021-11 ₺227.03M
2021-12 ₺257.85M
2022-01 ₺286.49M
2022-02 ₺300.26M
2022-03 ₺316.67M
2022-04 ₺339.62M
2022-05 ₺349.75M
2022-06 ₺367.06M
2022-07 ₺375.75M
2022-08 ₺381.23M
2022-09 ₺392.96M
2022-10 ₺406.89M
2022-11 ₺418.62M
2022-12 ₺423.58M
2023-01 ₺451.74M
2023-02 ₺465.95M
2023-03 ₺476.61M
2023-04 ₺487.98M
2023-05 ₺488.19M
2023-06 ₺507.33M
2023-07 ₺555.47M
2023-08 ₺605.95M
2023-09 ₺634.75M
2023-10 ₺656.55M
2023-11 ₺678.09M
2023-12 ₺697.94M
2024-01 ₺744.72M
2024-02 ₺778.45M
2024-03 ₺803.07M
2024-04 ₺828.61M
2024-05 ₺856.52M
2024-06 ₺870.57M
2024-07 ₺898.65M
2024-08 ₺920.89M
2024-09 ₺948.22M
2024-10 ₺975.53M
2024-11 ₺997.42M
2024-12 ₺1.01B
2025-01 ₺1.06B
2025-02 ₺1.08B
2025-03 ₺1.11B
2025-04 ₺1.14B
2025-05 ₺1.16B
2025-06 ₺1.18B
2025-07 ₺1.2B
2025-08 ₺1.22B
2025-09 ₺1.26B
2025-10 ₺1.3B
2025-11 ₺1.31B
2025-12 ₺1.32B
2026-01 ₺1.38B
2026-02 ₺1.42B
2026-03 ₺1.45B
2026-04 ₺1.51B
2026-05 ₺1.54B

All available years

Today's value of Turkish lira by year:

1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |

Other currencies: