The minimum wage for 2025 has been announced and is announced as 22,104 TL. There was a 30 percent increase in net wages. This figure, which was significantly below the expectations of the workers, remained below the inflation rate of 47%. Even TUIK’s annual inflation rate, whose calculations cause controversy, is 47 percent, while the cost of living for a single employee is 26,712 TL. So how much cryptocurrency can be purchased with this new fee?
Minimum Wage for 2025
The minimum wage, which will be applied as 17,002 TL in 2024, was announced at the fourth meeting of the employer. Türk-İş, representing the workers’ side, demanded a wage of 29,583 TL last week. The new wage, which is even below the increase in inflation, was just announced live. Minister Vedat Işıkhan announced that the new minimum wage is 22,104 TL.
It was seen that the workers’ side did not attend the meeting, probably as a reaction to the extremely low level of wages.
How Many BTC, ETH, SHIB, XRP Can Be Purchased with the 2025 Minimum Wage?
In 2023, the minimum wage was announced as 17,002 TL for 2024. In those days, a minimum wage citizen could buy the following amounts of crypto money with his 1 month salary.
- Bitcoin $94,029.6: 0.01347 BTC
- Ethereum
$3,397.3: 0.2519 ETH - Shiba Coin: 60.310.296 SHIB
- Ripple (XRP)
$2.2: 919 XRP
A citizen who bought XRP Coin with his first salary in 2024 would have an altcoin worth 75,358 TL today.
So how have the numbers changed this year?
- Bitcoin: 0.006357 BTC
- Ethereum: 0.1784 ETH
- Shiba Coin: 27.038.532 SHIB
- Ripple: 267.6 XRP
Both cryptocurrency Due to the rise in the markets and the extremely weak increase in the minimum wage, the amount of crypto money that the minimum wage earner can buy seems to have decreased significantly. Of course, the ongoing depreciation of TL against USD was also effective in this situation.
While USD was 29.66 TL on January 2, 2024, today, as we approach the end of the year, the exchange rate is 35.2 TL. Considering the inflation of the dollar, the depreciation of the TL and the domestic inflation together, a difficult new year awaits salaried employees.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
