Turkey Inflation Calculator

Result: ₺100 in 1986 → ₺12,403,742.63 in 2024


The Turkish Lira has lost 99.999% of its value since 1986

Updated: September 11, 2025

₺100 in 1986 is equivalent in purchasing power to about ₺12,403,742.63 today, an increase of ₺12,403,642.63 over 38 years. The lira had an average inflation rate of 36.16% per year between 1986 and today, producing a cumulative price increase of 12,403,642.63%.

This means that today's prices are 124,037.43 times as high as average prices since 1986, according to the OECD and the World Bank consumer price index for Turkey. A lira today only buys 0.001% of what it could buy back then.

The inflation rate in 1986 was 34.61%. The current inflation rate compared to the end of last year is now 74.63%. If this number holds, ₺100 today will be equivalent in buying power to ₺174.63 next year.


Inflation from 1986 to 2024
Cumulative price change12,403,642.63%
Average inflation rate36.16%
Converted amount
₺100 base
₺12,403,742.63
Price difference
₺100 base
₺12,403,642.63
CPI in 19860.008
CPI in 2024991.729
Inflation in 198634.61%
Inflation in 202474.63%
₺100 in 1986₺12,403,742.63 in 2024

TRY inflation since 1986
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of ₺100 in 1986

This chart shows a calculation of buying power equivalence for ₺100 in 1986 (price index tracking began in 1955).

For example, if you started with ₺100, you would need to end with ₺12,403,742.63 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When ₺100 is equivalent to ₺12,403,742.63 over time, that means that the "real value" of a single Turkish lira decreases over time. In other words, a lira will pay for fewer items at the store.

This effect explains how inflation erodes the value of a lira over time. By calculating the value in 1986 dollars, the chart below shows how ₺100 is worth less over 38 years.

According to the OECD and the World Bank, each of these TRY amounts below is equal in terms of what it could buy at the time:

Lira inflation: 1986-2024
YearLira ValueInflation Rate
1986₺100.0034.61%
1987₺138.8638.86%
1988₺234.4068.81%
1989₺382.7163.27%
1990₺613.5160.30%
1991₺1,018.2965.98%
1992₺1,731.8670.08%
1993₺2,876.5266.09%
1994₺5,903.05105.22%
1995₺11,163.4689.11%
1996₺20,140.2380.41%
1997₺37,394.2385.67%
1998₺69,045.2284.64%
1999₺113,833.1264.87%
2000₺176,345.0654.92%
2001₺272,277.0554.40%
2002₺394,704.0144.96%
2003₺479,969.6221.60%
2004₺521,238.708.60%
2005₺563,871.698.18%
2006₺617,987.789.60%
2007₺672,099.878.76%
2008₺742,294.9510.44%
2009₺788,695.616.25%
2010₺856,258.808.57%
2011₺911,674.766.47%
2012₺992,737.088.89%
2013₺1,067,123.697.49%
2014₺1,161,612.978.85%
2015₺1,250,718.547.67%
2016₺1,347,963.157.78%
2017₺1,498,184.4611.14%
2018₺1,742,875.0316.33%
2019₺2,007,388.2415.18%
2020₺2,253,874.8512.28%
2021₺2,695,554.8519.60%
2022₺4,644,679.6272.31%
2023₺7,655,755.7364.83%
2024₺12,403,742.6362.02%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 32 more rows

This conversion table shows various other 1986 amounts in today's lira, based on the 12,403,642.63% change in prices:

Conversion: 1986 lira today
Initial valueEquivalent value
₺1 lira in 1986₺124,037.43 lira today
₺5 lira in 1986₺620,187.13 lira today
₺10 lira in 1986₺1,240,374.26 lira today
₺50 lira in 1986₺6,201,871.32 lira today
₺100 lira in 1986₺12,403,742.63 lira today
₺500 lira in 1986₺62,018,713.16 lira today
₺1,000 lira in 1986₺124,037,426.32 lira today
₺5,000 lira in 1986₺620,187,131.61 lira today
₺10,000 lira in 1986₺1,240,374,263.21 lira today
₺50,000 lira in 1986₺6,201,871,316.07 lira today
₺100,000 lira in 1986₺12,403,742,632.13 lira today
₺500,000 lira in 1986₺62,018,713,160.67 lira today
₺1,000,000 lira in 1986₺124,037,426,321.35 lira today

How to calculate inflation rate for ₺100 since 1986

Our calculations use the following inflation rate formula to calculate the change in value between 1986 and today:

CPI today CPI in 1986
×
1986 TRY value
=
Today's value

Then plug in historical CPI values. The Turkish CPI was 0.007995404 in the year 1986 and 991.7293345593956 in 2024:

991.72933455939560.007995404
×
₺100
=
₺12,403,742.63

₺100 in 1986 has the same "purchasing power" or "buying power" as ₺12,403,742.63 in 2024.

To get the total inflation rate for the 38 years between 1986 and 2024, we use the following formula:

CPI in 2024 - CPI in 1986CPI in 1986
×
100
=
Cumulative inflation rate (38 years)

Plugging in the values to this equation, we get:

991.7293345593956 - 0.0079954040.007995404
×
100
=
12,403,643%

Data source & citation

You may use the following MLA citation for this page: “Value of 1986 Turkish Lira today | Turkey Inflation Calculator.” Official Inflation Data, Alioth Finance, 20 Dec. 2025, https://www.officialdata.org/turkey/inflation/1986.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1986 to 2024
Cumulative price change12,403,642.63%
Average inflation rate36.16%
Converted amount
₺100 base
₺12,403,742.63
Price difference
₺100 base
₺12,403,642.63
CPI in 19860.008
CPI in 2024991.729
Inflation in 198634.61%
Inflation in 202474.63%
₺100 in 1986₺12,403,742.63 in 2024