This is a market group on a "crash" of Turkish lira (TRY), defined as the fall in USD price below $0.05.

Turkey is in the throes of a currency crisis. The lira has lost more than 40 percent of its value against the United States dollar last year, making it the worst-performing of all emerging market currencies.

This market will resolve to “Yes” if the dollar price / exchange rate of one Turkish Lira (TRY) falls below $0.0500 at any time before the resolution time of March 31 2022, 11:59:59 PM ET, and “No” otherwise. 

The resolution source for this market will be foreign exchange platform XE: https://www.xe.com/currencycharts/?from=TRY&to=USD

This market will resolve on midmarket prices with a 10-min resolution, however the "low" price for the time period of this market (January 20 2022 - March 31 2022) will be sufficient.

...March 31?

Turkey is in the throes of a currency crisis. The lira has lost more than 40 percent of its value against the United States dollar last year, making it the worst-performing of all emerging market currencies.

This market will resolve to “Yes” if the dollar price / exchange rate of one Turkish Lira (TRY) falls below $0.0500 at any time before the resolution time of June 30 2022, 11:59:59 PM ET, and “No” otherwise. 

The resolution source for this market will be foreign exchange platform XE: https://www.xe.com/currencycharts/?from=TRY&to=USD

This market will resolve on midmarket prices with a 10-min resolution, however the "low" price for the time period of this market (January 20 2022 - June 30 2022) will be sufficient.

...June 30?

Turkey is in the throes of a currency crisis. The lira has lost more than 40 percent of its value against the United States dollar last year, making it the worst-performing of all emerging market currencies.

This market will resolve to “Yes” if the dollar price / exchange rate of one Turkish Lira (TRY) falls below $0.0500 at any time before the resolution time of September 30 2022, 11:59:59 PM ET, and “No” otherwise. 

The resolution source for this market will be foreign exchange platform XE: https://www.xe.com/currencycharts/?from=TRY&to=USD

This market will resolve on midmarket prices with a 10-min resolution, however the "low" price for the time period of this market (January 20 2022 - September 30 2022) will be sufficient.

...September 30?

Turkey is in the throes of a currency crisis. The lira has lost more than 40 percent of its value against the United States dollar last year, making it the worst-performing of all emerging market currencies.

This market will resolve to “Yes” if the dollar price / exchange rate of one Turkish Lira (TRY) falls below $0.0500 at any time before the resolution time of December 31 2022, 11:59:59 PM ET, and “No” otherwise. 

The resolution source for this market will be foreign exchange platform XE: https://www.xe.com/currencycharts/?from=TRY&to=USD

This market will resolve on midmarket prices with a 10-min resolution, however the "low" price for the time period of this market (January 20 2022 - January 1 2023) will be sufficient.

Will Turkish Lira (TRY) fall below $0.05 by...?

Choose a market:

...September 30?

Vol: $46,662

Liq: $1,122

...December 31?

Vol: $24,422

Liq: $601

About this market group