Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

OFN to TRY Converter and calculator

OFN/TRY: 1 OFN = 1.7 TRY. The price of converting 1 Openfabric AI (OFN) to Turkish Lira (TRY) is 1.7 TRY today.
OFN
OFN
TRY
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides OFN to TRY real-time exchange rates, making it easy to convert Openfabric AI (OFN) to Turkish Lira (TRY). The conversion result is based on real-time data. The conversion result shows that 1 OFN is currently valued at 1.70 TRY. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OFN is currently valued at 1.70 TRY, which means buying 5 OFN would cost 8.48 TRY. Similarly, ₺1 TRY can be converted to 0.5899 OFN, and ₺50 TRY can be converted to 2.95 OFN, excluding any platform or gas fees.

Convert OFN to TRY

Convert TRY to OFN

Openfabric AI
Turkish Lira
1000 OFN
1,695.16  TRY
5000 OFN
8,475.78  TRY
10000 OFN
16,951.56  TRY
In the table above, you'll find a comprehensive OFN to TRY converter that shows the value of Openfabric AI in Turkish Lira across commonly used conversion amounts. The list covers conversions from 1 OFN to TRY, all the way up to 10000 OFN, providing a clear view of their respective values.
Turkish Lira
Openfabric AI
50000 TRY
29,495.81 OFN
100000 TRY
58,991.63 OFN
In the table above, you'll find a comprehensive TRY to OFN converter that shows the value of Turkish Lira in Openfabric AI across commonly used conversion amounts. The list covers conversions from 1 TRY to OFN, all the way up to 100000 TRY, providing a clear view of their respective values.

OFN to TRY chart

OFN/TRY: 1 OFN = 1.7 TRY; 2025/04/27 09:36:23
In the past 1D, Openfabric AI has changed +2.02% to TRY. Based on the trend and price charts, Openfabric AI(OFN) has changed +2.02% to TRY while Turkish Lira(TRY) has changed % to OFN in the last 24 hours.
1D7D1M3M1YAll

OFN to TRY conversion data: Volatility and price changes of Openfabric AI in TRY

The highest Openfabric AI price in TRY over the past 7 days was 1.73 TRY while the lowest Openfabric AI price in TRY over the past 7 days was 1.43 TRY. The relative change between the highs and lows in Openfabric AI price in TRY over the last 7 days indicates a volatility of %. You can view additional volatility data and OFN to TRY prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
1.73 TRY
1.73 TRY
1.8 TRY
3.8 TRY
Low
1.54 TRY
1.43 TRY
1.3 TRY
1.11 TRY
Average
0 TRY
0 TRY
0 TRY
0 TRY
Volatility
%
%
%
%
Change
+2.02%
+7.79%
-10.71%
-46.36%

Openfabric AI information

OFN to TRY market statistics

OFN/TRY:
₺1.7
OFN 24h volume:
₺7,650,803.3
OFN market cap:
₺254,242,430.68
OFN circulating supply:
149.98M OFN

Current OFN to TRY exchange rate

Openfabric AI to Turkish Lira is rising this week.
Openfabric AI's current market price is ₺1.7 per OFN, with a total market cap of ₺254,242,430.68 TRY based on a circulating supply of 149,981,760 OFN. The trading volume of Openfabric AI has changed by +55.26% (₺2,723,016.27 TRY) in the last 24 hours. Last trading day, OFN's trading volume was ₺4,927,787.03.

More info about Openfabric AI 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 Openfabric AI currency pair is the OFN to TRY, with for Openfabric AI's currency code being OFN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for TRY.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 94381.29 USD
popular info ethereum
ETH to USD
1 ETH to 1815.03 USD
popular info ripple
XRP to USD
1 XRP to 2.20 USD
popular info solana
SOL to USD
1 SOL to 149.61 USD
popular info bitcoin
BTC to EUR
1 BTC to 82932.84 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70889.79 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131057.86 CAD
popular info bitcoin
BTC to BRL
1 BTC to 537067.29 BRL
popular info bitcoin
BTC to INR
1 BTC to 8058718.13 INR
popular info pi-network
PI to INR
1 PI to 55.56 INR

Hot promotions

How to convert OFN to TRY

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert OFN to TRY
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy OFN (or USDT) for TRY (Turkish Lira) offers
Bitget P2P trading does not currently support direct buying of OFN with TRY. However, you can buy USDT in Bitget P2P trading first, and then buy OFN with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Openfabric AI Converter

popular info New Taiwan dollar
OFN to TWD
1 OFN to NT$1.44 TWD
popular info Chinese Yuan
OFN to CNY
1 OFN to ¥0.3216 CNY
popular info United States Dollar
OFN to USD
1 OFN to $0.04412 USD
popular info Turkish Lira
OFN to TRY
1 OFN to ₺1.7 TRY
popular info Euro
OFN to EUR
1 OFN to €0.03877 EUR
popular info Canadian Dollar
OFN to CAD
1 OFN to C$0.06126 CAD
popular info South Korean Won
OFN to KRW
1 OFN to ₩63.46 KRW
popular info Japanese Yen
OFN to JPY
1 OFN to ¥6.34 JPY
popular info Pound Sterling
OFN to GBP
1 OFN to £0.03314 GBP
popular info Brazilian Real
OFN to BRL
1 OFN to R$0.2511 BRL

Popular cryptocurrencies to TRY

other assets JUST
JST to TRY
1 JST to ₺1.57 TRY
other assets Alchemy Pay
ACH to TRY
1 ACH to ₺1.08 TRY
other assets ARPA
ARPA to TRY
1 ARPA to ₺1.07 TRY
other assets Stacks
STX to TRY
1 STX to ₺34.11 TRY
other assets Steem
STEEM to TRY
1 STEEM to ₺6.44 TRY
other assets Ethereum Name Service
ENS to TRY
1 ENS to ₺735.01 TRY
other assets Loom Network
LOOM to TRY
1 LOOM to ₺0.9507 TRY
other assets Access Protocol
ACS to TRY
1 ACS to ₺0.06284 TRY
other assets Philtoken
PHIL to TRY
1 PHIL to ₺0.1006 TRY
other assets Frax Share
FXS to TRY
1 FXS to ₺102.14 TRY

OFN to TRY Conversion tables

The exchange rate of Openfabric AI is decreasing.
The exchange rate of 1 OFN to Turkish Lira has changed by +7.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.02%, reaching a high of 1.73 TRY and a low of 1.54 TRY . One month ago, the value of 1 OFN was ₺1.9 TRY , which represents a -10.71% change from its current value. Over the last year, Openfabric AI has changed by
-
18.69TRY
, resulting in a change of -91.68% in its value.
24 hours ago1 month ago1 year ago
Amount09:36 am today24 hours ago24h change
0.5 OFN₺0.8476₺0.8308
+2.02%
1 OFN₺1.7₺1.66
+2.02%
5 OFN₺8.48₺8.31
+2.02%
10 OFN₺16.95₺16.62
+2.02%
50 OFN₺84.76₺83.08
+2.02%
100 OFN₺169.52₺166.16
+2.02%
500 OFN₺847.58₺830.78
+2.02%
1000 OFN₺1,695.16₺1,661.55
+2.02%

OFN to TRY FAQ

How much is 1 Openfabric AI in TRY?
Right now, the price of 1 Openfabric AI (OFN) in Turkish Lira (TRY) is ₺1.7.
How much OFN can I buy for 1 TRY?
Based on the current exchange rate, you can get 0.5899 OFN for 1 TRY.
How do I calculate or convert OFN to TRY?
You can use our OFN to TRY calculator at the top of this page to convert any amount of OFN to TRY. We've also included quick-reference tables for the most popular conversions. For example, 5 TRY is equivalent to 2.95 OFN, while 5 OFN will cost around 8.48TRY.
What is the highest price of OFN/TRY in history?
The all-time high price of 1 OFN in TRY is ₺34.9. It remains to be seen if the value of 1 OFN/TRY will exceed the current all-time high.
What is the price trend of Openfabric AI in TRY?
Over the past 7 days, the exchange rate of Openfabric AI (OFN) has gone up by 7.79%.   Over the last month, the exchange rate of Openfabric AI (OFN) has gone down by 10.71% against Turkish Lira (TRY).

What factors influence the conversion rate of OFN to TRY?

There are many factors that affect the relationship between Openfabric AI 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 OFN/TRY. When there is positive news in the market about the widespread adoption of OFN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OFN/TRY. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OFN/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 OFN/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 Openfabric AI and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.