Currency

Turkish Lira 90-Day Volatility Hits Low Over 20 Sessions

The Turkish Lira (TRY/IRR) registered its lowest volatility in 90 days over a 20-session window, settling at 0.886%. This reading marks a contraction from th...

Market event cover: large price move

The Turkish Lira (TRY/IRR) registered its lowest volatility in 90 days over a 20-session window, settling at 0.886%. This reading marks a contraction from the prior 90-day volatility mark of 0.921%, highlighting a notable moderation in daily range fluctuations.

Interactive price chart

Event Details

During the session on November 8, 2026, the Turkish Lira traded within a daily high of 53,200.0 IRR and a low of 52,800.0 IRR, with an open of 53,100.0 IRR and a close of 53,000.0 IRR. The calculated intraday range percentage for the session stood at 0.755%, accompanied by a daily return of -0.376%. The compressed volatility metric captures a 20-session window where price movement exhibited reduced dispersion compared to the preceding 90-day baseline.

Conclusion

The drop in the 90-day volatility metric to 0.886% isolates a distinct phase of narrowed daily trading parameters for the Turkish Lira, moving below the 0.921% recorded previously. This contraction quantifies a tightening of price boundaries across the examined 20-session timeframe.

Live rates

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