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Currency Forecasts: Turkish lira (TRY)

Explore our review of recent Turkish lira currency forecasts to make informed and confident decisions when exchanging or transferring money.

Forecasts - TRY

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USD to TRY Exchange Rate Forecast & Outlook

USD/TRY is trading close to 90-day highs near 45.50, supported by the rate differential with the US Dollar and Turkish inflation concerns. Near-term conditions suggest the pair may continue to find support...

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TRY to USD Exchange Rate Forecast & Outlook

Currently, TRY/USD is trading close to its 90-day lows at around 0.02198, within its recent range. The pair is supported by risk-off sentiment, but the dominant driver remains risk sentiment.

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GBP to TRY Exchange Rate Forecast & Outlook

Currently, GBP/TRY is trading near 14-day lows at 60.62, close to its 3-month average. The dominant driver is the rate differential driven by BOE rate hike expectations and US inflation concerns.

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EUR to TRY Exchange Rate Forecast & Outlook

Currently, EUR/TRY is trading close to 52.88, holding above its 3-month average and near recent highs. The dominant driver from cross-market analysis is the rate differential, supported by Turkey's hawkish...

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CHF to TRY Exchange Rate Forecast & Outlook

Currently, CHF/TRY is trading close to 7-day lows near 57.81, holding above its 3-month average. The pair remains pressured by risk-off sentiment and the rate differential, which favors Turkish Lira weakness.

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AUD to TRY Exchange Rate Forecast & Outlook

Currently, AUD/TRY is trading close to 7-day lows around 32.52, holding near the lower end of its recent range. This reflects a weaker bias driven by the widening rate differential and risk-off conditions.

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