1. Exchange Rates
  2. Dominican peso (DOP)
  3. Turkish lira (TRY)

Convert DOP to TRY at Best Exchange Rates


There are three amounts that you need to understand if you are to have any chance of getting the best possible DOP to TRY rate, these are :

  1. The DOP/TRY foreign exchange market mid-rate
  2. The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider
  3. Any fixed or percentage fees for your transfer or currency exchange.

1 Dominican peso equals
Turkish lira 1=


Right now the DOP/TRY market rate is and represents how many Turkish lira you can get for one Dominican peso. You can calculate with the current mid-rate using our DOP to TRY calculator below but note the rate will most likely be quite different by the time you make you currency exchange.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.



Why can't I just get the same DOP/TRY market rate I see on Google or in the Media?

When you look up the current Dominican peso to Turkish lira exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great DOP to TRY mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below DOP to TRY calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Dominican peso cross rates and reviews of leading foreign exchange providers versus the Banks.

DOP to TRY mid-rate calculator

RD$
1 DOP equals
TRY 1DOP=TRY

Loading DOP/TRY Chart

Turkish lira - Recent Performance

In the first nine months of 2017, the Turkish lira vastly underperformed other emerging market currencies.

This was the year in which those in Turkey would have hoped their national currency might buck its long-term downtrend and make gains against the dollar. The dollar had, after all, declined 10% to September 24th (per the US Dollar Index). Instead, the lira remained more or less flat on the year (strengthened 0.8%). By comparison, the Mexican peso, Thai baht and Russian ruble had strengthened 16.8%, 8.3% and 6.6% respectively.

In 2017, potential buyers of lira were once again being frightened away by inflation, which ticked back up into double figures in August (+10.7%). Annualized inflation came in at levels above 10% in six of the seven months between February and August.

In September, the team at TradingEconomics.com were bravely predicting a stronger lira by the end of September 2018. They saw USD/TRY falling to 3.13 (TRY/USD 0.319), from rates of 3.5 (TRY/USD 0.286) at the time of their prediction.

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