{"id":514,"date":"2026-01-22T08:33:24","date_gmt":"2026-01-22T08:33:24","guid":{"rendered":"https:\/\/www.moore.com.tr\/?p=514"},"modified":"2026-02-03T08:37:06","modified_gmt":"2026-02-03T08:37:06","slug":"the-exchange-rates-to-be-used-for-foreign-currency-valuations-as-of-december-31-2025-have-been-announced","status":"publish","type":"post","link":"https:\/\/www.moore.com.tr\/en\/the-exchange-rates-to-be-used-for-foreign-currency-valuations-as-of-december-31-2025-have-been-announced\/","title":{"rendered":"As of 31.12.2025, the exchange rates to be used in the valuation of foreign currencies were announced"},"content":{"rendered":"<p>Circular 2026 \u2013 020<br><br><strong>As of 31.12.2025, the exchange rates to be used in the valuation of foreign currencies were announced<\/strong><br><br>The exchange rates to be considered in the valuation of foreign currencies not traded on the stock exchange and receivables and payables with and without collateral denominated in these currencies as of December 31, 2025, have been announced with the General Communiqu\u00e9 of the Tax Procedure Law numbered 590, published in the Official Gazette dated January 24, 2026, and numbered 33147.<br><br>In cases where the Ministry of Finance does not announce an exchange rate, the exchange rates announced by the Central Bank of the Republic of Turkey shall be taken as a basis. In valuations made in this manner, for foreign currencies in cash, the cash buying rate (or the foreign currency buying rate if the cash buying rate is unavailable) shall be applied, and for foreign currencies in foreign currency, the foreign currency buying rate shall be applied.<br><br>However, for tax purposes, during their valuation on 12\/31\/2025, banks should use the purchase exchange rates they have determined and are actually applying in accordance with the principles set by the Central Bank of the Republic of Turkey, instead of the exchange rates determined by this Communiqu\u00e9.<br><br>You can access the exchange rates announced in the communiqu\u00e9 at the following link. The purchase exchange rates for the Dollar, Euro, and Sterling determined by the communiqu\u00e9 are as follows.<br><br>1 US Dollar: 42.8623 TRY (rank 1)<br>1 Euro: 50.4532 TL (List item 98)<br>1 British Pound: 57.8159 TL (list 39th)<br><br><a href=\"https:\/\/link.setrowid.com\/system\/gopage.php?m=471&amp;l=20143033&amp;id=b35ffd9401bd97c1be149f4879fad064a18c6adf3c1c0572f5&amp;g=eba72d26502dd7673883\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.resmigazete.gov.tr\/eskiler\/2026\/01\/20260124-4.htm<\/a><br><br>Sincerely<\/p>","protected":false},"excerpt":{"rendered":"<p>Sirk\u00fcler\u00a02026 &#8211; 020 31.12.2025 Tarihi \u0130tibariyle Yabanc\u0131 Paralar\u0131n De\u011ferlenmesinde Kullan\u0131lacak Kurlar A\u00e7\u0131kland\u0131 24 Ocak 2026 tarih\u00a0 ve 33147 say\u0131l\u0131 Resm\u00ee Gazete \u2019de yay\u0131mlanan 590 s\u0131ra numaral\u0131 Vergi Usul Kanunu Genel Tebli\u011fi ile borsada rayici olmayan yabanc\u0131 paralar\u0131n ve bu paralarla olan senetli ve senetsiz alacak ve bor\u00e7lar\u0131n 31 Aral\u0131k 2025 tarihi itibar\u0131yla de\u011ferlenmesinde dikkate al\u0131nmas\u0131 [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":515,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"location":[],"class_list":["post-514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sirkuler"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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