Convert and Swap Ethereum ETH to Turkish Lira TRY
ETH/TRY: 1 Ethereum equals TRY 117,523.05 TRY
Last update: 10:47 AM, December 23, 2024
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Ethereum is falling this week.
The current price of Ethereum is TRY 117,523.05 per ETH. With a circulating supply of 120,457,250.779 ETH, it means that Ethereum has a total market cap of TRY 14,167,666,259,634.20. The amount of Ethereum traded has risen by TRY 17,670,153,929.87 in the last 24 hours, which is a 1.70% increase. Additionally, in the last day, TRY 1,037,550,933,061.74 worth of ETH has been traded.
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About Ethereum
Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.
Ethereum (ETH) is a decentralized, open-source blockchain system that features its own cryptocurrency, Ether. It serves as a platform for numerous other cryptocurrencies and for the execution of decentralized smart contracts. Ethereum's primary goal is to become a global platform for decentralized applications, allowing users worldwide to write and run software that is resistant to censorship, downtime, and fraud. Ethereum's blockchain is designed to host other cryptocurrencies, called "tokens," through its ERC-20 compatibility standard. This has led to the launch of more than 280,000 ERC-20-compliant tokens to date.
Ethereum operates through a network of computers that work together as a supercomputer. The network, in its entirety, validates and records transactions that occur on its platform. Ethereum's core innovation, the Ethereum Virtual Machine (EVM), is a Turing complete software that runs on the Ethereum network. It enables anyone to run any program, regardless of the programming language, making the creation of blockchain applications much more accessible. At its core, Ethereum operates on a proof-of-work system, but there are plans to transition to a proof-of-stake algorithm to boost the platform's scalability and add a number of new features.
Ethereum's potential use cases extend beyond the simple transfer of value. Its smart contracts can automatically execute transactions when certain conditions are met. These smart contracts are being used to create decentralized applications, or "dapps," that enable users to interact directly with the blockchain. Some of the most common use cases for Ethereum include decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). Ethereum also hosts other cryptocurrencies and facilitates the execution of smart contracts, making it a key player in the blockchain space.
Ethereum was first described in a 2013 whitepaper by Vitalik Buterin, a programmer involved in Bitcoin Magazine. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014, and the blockchain was officially launched on July 30, 2015. Since its launch, Ethereum has undergone several planned protocol upgrades, which are important changes affecting the underlying functionality and/or incentive structures of the platform. The Ethereum Foundation, a team of developers and researchers, continues to coordinate upgrades and protocol changes.
How Ethereum and Turkish Lira differ
Ethereum (ETH) and Turkish Lira (TRY) are two distinct forms of value exchange, each with its unique characteristics. Ethereum, a decentralized, open-source blockchain system, aims to become a global platform for decentralized applications (dapps), enabling users to write and run software resistant to censorship, downtime, and fraud. It operates on a network of computers that collectively validate and record transactions, with plans to transition to a proof-of-stake algorithm for enhanced scalability. Ethereum's smart contracts, which automatically execute transactions when certain conditions are met, are used to create dapps, facilitating direct user interaction with the blockchain. Ethereum also hosts other cryptocurrencies through its ERC-20 compatibility standard. On the other hand, the Turkish Lira is a traditional fiat currency, regulated by the Central Bank of the Republic of Turkey. Unlike Ethereum, it doesn't operate on a blockchain, doesn't use smart contracts, and isn't decentralized. Its value is influenced by economic factors such as inflation, interest rates, and the country's political stability. While Ethereum's value is driven by technological advancements, network adoption, and the broader crypto market sentiment.
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The exchange rate of Ethereum is decreasing.
The current value of 1 ETH is TRY 117,523.05 TRY. In other words, to buy 5 Ethereum, it would cost you TRY 587,615.26 TRY. Inversely, TRY 1.00 TRY would allow you to trade for 0.00000851 ETH while TRY 50.00 TRY would convert to 0.00042545 ETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 15.39%. Meanwhile, in the last 24 hours, the rate has changed by 1.35%, and that the the highest exchange rate of 1 ETH to Turkish Lira was TRY 119,330.69 TRY and the lowest 24 hour value was 1 ETH for TRY 113,171.04 TRY. This time last month, the value of 1 ETH was TRY 116,078.54 TRY, which is a 0.73% increase from where it is now. Looking back a year, Ethereum has changed by TRY 110,281.35 TRY.
ETH to TRY performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
TRY 118,547.07 TRY | -1.35% | TRY 138,058.95 TRY | -15.39% | TRY 116,078.54 TRY | -0.73% | TRY 110,281.35 TRY | 41.96% |
ETH to TRY
Amount | Today at 10:47 am |
|---|---|
0.5 ETH | TRY 58,761.53 |
1 ETH | TRY 117,523.05 |
5 ETH | TRY 587,615.26 |
10 ETH | TRY 1,175,230.51 |
50 ETH | TRY 5,876,152.57 |
100 ETH | TRY 11,752,305.15 |
500 ETH | TRY 58,761,525.73 |
1,000 ETH | TRY 117,523,051.45 |
TRY to ETH
Amount | Today at 10:47 am |
|---|---|
0.5 TRY | 0.00000425 ETH |
1 TRY | 0.00000851 ETH |
5 TRY | 0.000043 ETH |
10 TRY | 0.000085 ETH |
50 TRY | 0.000425 ETH |
100 TRY | 0.000851 ETH |
500 TRY | 0.0043 ETH |
1,000 TRY | 0.0085 ETH |
Today vs. 24 hours ago
Amount | Today at 10:47 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 ETH | TRY 58,761.53 | TRY 59,588.47 | -1.39% |
1 ETH | TRY 117,523.05 | TRY 119,176.94 | -1.39% |
5 ETH | TRY 587,615.26 | TRY 595,884.69 | -1.39% |
10 ETH | TRY 1,175,230.51 | TRY 1,191,769.37 | -1.39% |
50 ETH | TRY 5,876,152.57 | TRY 5,958,846.85 | -1.39% |
100 ETH | TRY 11,752,305.15 | TRY 11,917,693.71 | -1.39% |
500 ETH | TRY 58,761,525.73 | TRY 59,588,468.53 | -1.39% |
1,000 ETH | TRY 117,523,051.45 | TRY 119,176,937.06 | -1.39% |
Today vs. 1 month ago
Amount | Today at 10:47 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 ETH | TRY 58,761.53 | TRY 59,119.50 | -0.61% |
1 ETH | TRY 117,523.05 | TRY 118,239.00 | -0.61% |
5 ETH | TRY 587,615.26 | TRY 591,195.01 | -0.61% |
10 ETH | TRY 1,175,230.51 | TRY 1,182,390.02 | -0.61% |
50 ETH | TRY 5,876,152.57 | TRY 5,911,950.09 | -0.61% |
100 ETH | TRY 11,752,305.15 | TRY 11,823,900.17 | -0.61% |
500 ETH | TRY 58,761,525.73 | TRY 59,119,500.86 | -0.61% |
1,000 ETH | TRY 117,523,051.45 | TRY 118,239,001.72 | -0.61% |
Today vs. 1 year ago
Amount | Today at 10:47 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 ETH | TRY 58,761.53 | TRY 40,656.36 | +44.53% |
1 ETH | TRY 117,523.05 | TRY 81,312.73 | +44.53% |
5 ETH | TRY 587,615.26 | TRY 406,563.63 | +44.53% |
10 ETH | TRY 1,175,230.51 | TRY 813,127.27 | +44.53% |
50 ETH | TRY 5,876,152.57 | TRY 4,065,636.34 | +44.53% |
100 ETH | TRY 11,752,305.15 | TRY 8,131,272.69 | +44.53% |
500 ETH | TRY 58,761,525.73 | TRY 40,656,363.43 | +44.53% |
1,000 ETH | TRY 117,523,051.45 | TRY 81,312,726.86 | +44.53% |
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