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FAKT to TRY Converter and calculator

FAKT/TRY: 1 FAKT = 0.01303 TRY. The price of converting 1 Medifakt (FAKT) to Turkish Lira (TRY) is 0.01303 TRY today.
FAKT
FAKT
TRY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FAKT to TRY real-time exchange rates, making it easy to convert Medifakt (FAKT) to Turkish Lira (TRY). The conversion result is based on real-time data. The conversion result shows that 1 FAKT is currently valued at 0.01303 TRY. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FAKT is currently valued at 0.01303 TRY, which means buying 5 FAKT would cost 0.06516 TRY. Similarly, ₺1 TRY can be converted to 76.74 FAKT, and ₺50 TRY can be converted to 383.69 FAKT, excluding any platform or gas fees.

Convert FAKT to TRY

Convert TRY to FAKT

Medifakt
Turkish Lira
1 FAKT
0.01303  TRY
Exchange 1 FAKT for 0.01303 TRY
2 FAKT
0.02606  TRY
Exchange 2 FAKT for 0.02606 TRY
5 FAKT
0.06516  TRY
Exchange 5 FAKT for 0.06516 TRY
10 FAKT
0.1303  TRY
Exchange 10 FAKT for 0.1303 TRY
20 FAKT
0.2606  TRY
Exchange 20 FAKT for 0.2606 TRY
50 FAKT
0.6516  TRY
Exchange 50 FAKT for 0.6516 TRY
100 FAKT
1.3  TRY
Exchange 100 FAKT for 1.3 TRY
200 FAKT
2.61  TRY
Exchange 200 FAKT for 2.61 TRY
500 FAKT
6.52  TRY
Exchange 500 FAKT for 6.52 TRY
1000 FAKT
13.03  TRY
Exchange 1000 FAKT for 13.03 TRY
5000 FAKT
65.16  TRY
Exchange 5000 FAKT for 65.16 TRY
10000 FAKT
130.31  TRY
Exchange 10000 FAKT for 130.31 TRY
In the table above, you'll find a comprehensive FAKT to TRY converter that shows the value of Medifakt in Turkish Lira across commonly used conversion amounts. The list covers conversions from 1 FAKT to TRY, all the way up to 10000 FAKT, providing a clear view of their respective values.
Turkish Lira
Medifakt
1 TRY
76.74 FAKT
Exchange 1 TRY for 76.74 FAKT
10 TRY
767.38 FAKT
Exchange 10 TRY for 767.38 FAKT
50 TRY
3,836.89 FAKT
Exchange 50 TRY for 3,836.89 FAKT
100 TRY
7,673.77 FAKT
Exchange 100 TRY for 7,673.77 FAKT
200 TRY
15,347.55 FAKT
Exchange 200 TRY for 15,347.55 FAKT
500 TRY
38,368.87 FAKT
Exchange 500 TRY for 38,368.87 FAKT
1000 TRY
76,737.74 FAKT
Exchange 1000 TRY for 76,737.74 FAKT
2000 TRY
153,475.49 FAKT
Exchange 2000 TRY for 153,475.49 FAKT
5000 TRY
383,688.72 FAKT
Exchange 5000 TRY for 383,688.72 FAKT
10000 TRY
767,377.45 FAKT
Exchange 10000 TRY for 767,377.45 FAKT
50000 TRY
3,836,887.23 FAKT
Exchange 50000 TRY for 3,836,887.23 FAKT
100000 TRY
7,673,774.46 FAKT
Exchange 100000 TRY for 7,673,774.46 FAKT
In the table above, you'll find a comprehensive TRY to FAKT converter that shows the value of Turkish Lira in Medifakt across commonly used conversion amounts. The list covers conversions from 1 TRY to FAKT, all the way up to 100000 TRY, providing a clear view of their respective values.

FAKT to TRY chart

FAKT/TRY: 1 FAKT = 0.01303 TRY; 2025/08/03 05:09:58
In the past 1D, Medifakt has changed -0.95% to TRY. Based on the trend and price charts, Medifakt(FAKT) has changed -0.95% to TRY while Turkish Lira(TRY) has changed % to FAKT in the last 24 hours.
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FAKT to TRY conversion data: Volatility and price changes of Medifakt in TRY

The highest Medifakt price in TRY over the past 7 days was 0.01664 TRY while the lowest Medifakt price in TRY over the past 7 days was 0.01419 TRY. The relative change between the highs and lows in Medifakt price in TRY over the last 7 days indicates a volatility of %. You can view additional volatility data and FAKT to TRY prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.01540 TRY
0.01664 TRY
0.02482 TRY
0.02584 TRY
Low
0.01438 TRY
0.01419 TRY
0.01245 TRY
0.01245 TRY
Average
0 TRY
0 TRY
0 TRY
0 TRY
Volatility
%
%
%
%
Change
-0.95%
-0.64%
-5.67%
-40.35%

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Medifakt information

FAKT to TRY market statistics

FAKT/TRY:
₺0.01303
FAKT 24h volume:
₺4,464,475.16
FAKT market cap:
--
FAKT circulating supply:
0 FAKT

Current FAKT to TRY exchange rate

Medifakt to Turkish Lira is falling this week.
Medifakt's current market price is ₺0.01303 per FAKT, with a total market cap of ₺0 TRY based on a circulating supply of -- FAKT. The trading volume of Medifakt has changed by +201.68% (₺2,984,589.33 TRY) in the last 24 hours. Last trading day, FAKT's trading volume was ₺1,479,885.82.

More info about Medifakt on Bitget

Turkish Lira information

About the Turkish Lira (TRY)

What Is the Turkish Lira (TRY)?

The Turkish Lira, represented by the symbol ₺ and the ISO code TRY, is the official currency of Turkey and Northern Cyprus. It is divided into 100 smaller units called kuruş. The lira, which has a rich history dating back to the Ottoman Empire, has undergone significant transformations over the years.

The Turkish Lira is issued by the Central Bank of the Republic of Turkey, which is the country's central bank. It is responsible for regulating and issuing the Turkish Lira as the official currency of Turkey. The Central Bank of Turkey is also responsible for monetary policy and maintaining the stability of the Turkish Lira in the financial markets.

What Is the History of TRY?

The lira's roots can be traced back to the ancient Roman unit of weight, the libra. The Ottoman lira was introduced in 1844, replacing the kuruş as the main unit of account. The first Turkish lira was introduced in 1923. Over the years, the lira experienced various pegs to foreign currencies, including the sterling and the franc, and later the US dollar. However, due to persistent devaluation, the lira's value fell drastically, leading to its ranking as the world's least valuable currency in certain years. In 2005, a significant revaluation occurred with the introduction of the new Turkish lira, which removed six zeros from the old currency. This change aimed to stabilize the currency and simplify financial transactions.

Notes and Coins of TRY

The coin denominations include 1, 5, 10, 25, and 50 kuruş, as well as the 1 lira coin. Each coin showcases distinct Turkish symbols and landmarks, such as the snowdrop on the 1 kuruş and the Bosphorus Bridge on the 50 kuruş. The banknotes, on the other hand, come in denominations of 5, 10, 20, 50, 100, and 200 liras. They are adorned with portraits of prominent Turkish figures, including Mustafa Kemal Atatürk.

Economic Challenges and Currency Crisis

The Turkish lira has faced significant challenges, particularly since 2018. Factors such as political influence on monetary policy, unorthodox banking methods, and external economic pressures have led to rapid inflation and depreciation of the lira. Despite attempts to stabilize the currency, including interest rate adjustments, the lira has continued to struggle, experiencing record lows against major currencies like the US dollar.

Is TRY A Stable Currency?

The Turkish Lira has been facing significant instability, marked by a notable depreciation against major currencies and high inflation rates. The lira's volatility is largely attributed to unconventional economic policies and political influence on monetary decisions. For instance, the lira experienced a dramatic decline in value, with inflation soaring to over 80% in 2022, as reported by various financial sources. This economic turbulence has been further exacerbated by global economic pressures and geopolitical factors. The currency's rapid devaluation was highlighted by its steep fall against the US Dollar, where it lost over 400% of its value since 2008.

Is TRY Pegged to Other Currencies?

The Turkish Lira (TRY) is not pegged to any specific foreign currency. Historically, Turkey has used various exchange rate regimes, including fixed pegs to foreign currencies, such as the US Dollar, in the past. However, the country transitioned to a more flexible exchange rate regime, which allows the lira's value to be determined by supply and demand in the foreign exchange market.

This move towards a floating exchange rate system occurred after the 2001 economic crisis in Turkey, which led to a major devaluation of the currency. Since then, the Turkish government has generally allowed the lira to float freely, with occasional interventions in the foreign exchange market to stabilize extreme fluctuations.

Bitget crypto-to-fiat exchange data shows that the most popular Medifakt currency pair is the FAKT to TRY, with for Medifakt's currency code being FAKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for TRY.

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How to convert FAKT to TRY

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1 FAKT to ₺0.01303 TRY
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FAKT to TRY Conversion tables

The exchange rate of Medifakt is decreasing.
The exchange rate of 1 FAKT to Turkish Lira has changed by -0.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.95%, reaching a high of 0.01540 TRY and a low of 0.01438 TRY . One month ago, the value of 1 FAKT was ₺0.01393 TRY , which represents a -5.67% change from its current value. Over the last year, Medifakt has changed by
-
0.01825TRY
, resulting in a change of -54.97% in its value.
24 hours ago1 month ago1 year ago
Amount 05:09 am today 24 hours ago 24h change
0.5 FAKT
₺0.006516₺0.006588
-0.95%
1 FAKT
₺0.01303₺0.01318
-0.95%
5 FAKT
₺0.06516₺0.06588
-0.95%
10 FAKT
₺0.1303₺0.1318
-0.95%
50 FAKT
₺0.6516₺0.6588
-0.95%
100 FAKT
₺1.3₺1.32
-0.95%
500 FAKT
₺6.52₺6.59
-0.95%
1000 FAKT
₺13.03₺13.18
-0.95%

FAKT to TRY FAQ

How much is 1 Medifakt in TRY?
Right now, the price of 1 Medifakt (FAKT) in Turkish Lira (TRY) is ₺0.01303.
How much FAKT can I buy for 1 TRY?
Based on the current exchange rate, you can get 76.74 FAKT for 1 TRY.
How do I calculate or convert FAKT to TRY?
You can use our FAKT to TRY calculator at the top of this page to convert any amount of FAKT to TRY. We've also included quick-reference tables for the most popular conversions. For example, 5 TRY is equivalent to 383.69 FAKT, while 5 FAKT will cost around 0.06516TRY.
What is the highest price of FAKT/TRY in history?
The all-time high price of 1 FAKT in TRY is ₺1.81. It remains to be seen if the value of 1 FAKT/TRY will exceed the current all-time high.
What is the price trend of Medifakt in TRY?
Over the past 7 days, the exchange rate of Medifakt (FAKT) has gone down by 0.64%.   Over the last month, the exchange rate of Medifakt (FAKT) has gone down by 5.67% against Turkish Lira (TRY).

What factors influence the conversion rate of FAKT to TRY?

There are many factors that affect the relationship between Medifakt and Turkish Lira, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of FAKT/TRY. When there is positive news in the market about the widespread adoption of FAKT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FAKT/TRY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FAKT/TRY.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of FAKT/TRY. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Medifakt and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Medifakt currency pairs: FAKT to US Dollar (USD), FAKT to Euro (EUR), FAKT to Pound Sterling (GBP), FAKT to Canadian Dollar (CAD), FAKT to Indian Rupee (INR), FAKT to Pakistani Rupee (PKR), FAKT to Brazilian Real (BRL), FAKT to…
The price of Medifakt in the US is $0.0003208 USD. Additionally, Medifakt’s price is €0.0002768 EUR in the eurozone, £0.0002415 GBP in the UK, C$0.0004427 CAD in Canada, ₹0.02796 INR in India, ₨0.09087 PKR in Pakistan, R$0.001778 BRL in Brazil, and more.
The most popular Medifakt currency pair is the FAKT to Turkish Lira(TRY). The price of 1 Medifakt (FAKT) in Turkish Lira (TRY) is ₺0.01303.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.