Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

TRY to USD Forecasts – Turkish lira to US dollar

Latest TRY to USD forecasts including bank predictions, key market drivers and recent trends for TRY/USD. See where analysts expect the pair to move and the factors likely to influence it.

 

TRY to USD Forecast & Outlook

16 May 2026 • 01:04 GMT

TRY/USD 0.021980

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.0220 – 0.0220
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

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. Over the next few sessions, the pair could face pressure if risk environment stabilizes further, given the pair's proximity to recent lows.

💸 Transfer implications

  • Expats: sending money to US Dollar (USD): current conditions suggest less favourable exchange rates, making conversions slightly more costly.
  • Travellers: buying USD cash or loading cards: may encounter less advantageous rates, especially if risk sentiment improves.
  • Businesses: paying USD invoices with TRY: could see slightly increased costs if TRY weakens further.

🧭 Key drivers

  • Rate gap: Turkey’s high inflation at 28.5% keeps the Turkish Lira under pressure, narrowing the yield advantage over USD.
  • Risk/commodities: risk-off environment favors USD; commodities are supporting safe-haven flows, reinforcing USD support.
  • Global factors: broad risk aversion persists, with market caution around inflation and global economic outlook.

⚠️ What could change it

  • Upside risk: improvement in global risk sentiment could reduce safe-haven flows, easing USD support and strengthening TRY.
  • Downside risk: faster easing of risk-off conditions or geopolitical tensions diminishing could lead to further TRY weakening against the USD.

BER suggests comparing FX providers for better quotes, as current market conditions may remain supported by risk-off flows, impacting transfer costs.

TRY-USD Rate Calculator

 
 
   
   
   
   
   
 
 

TRY to USD Market Data

Turkish lira (TRY) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell TRY   →   Buy USD
1 TRY =
0.021939We compare provider deals to this wholesale mid-market rate. Read more
USD
1d−0.1%▼
90dLows◒
TRY to USD is at 90-day lows near 0.021951, 2.2% below its 3-month average of 0.022441, having traded in a quite stable 4.2% range from 0.021951 to 0.022881
|
Tracker

Manage Tracker   

  1 USD = 45.58 TRY

Compare & Save - Turkish lira to US dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Turkish lira (TRY) to US dollar (USD) rates from different sources before making a conversion.

Use our TRY to USD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Lira to Dollar currency rates and the possible savings of using various providers.

 
 

Will the Turkish lira rise against the US dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Turkish lira vs US dollar current value is to look the TRY/USD historic rate and change over a range of periods.

The following table looks at the change in the TRY to USD exchange rate over periods from the previous week back to the last 10 years.

DateTRY/USDPeriod
02 May 2026
0.0222
2 Week
15 Feb 2026
0.0229
3 Month
16 May 2025
0.0257
1 Year
17 May 2021
0.1203
5 Year
18 May 2016
0.3354
10 Year
21 May 2006
0.6747
20 Year
TRY/USD historic rates

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add TRY/USD to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more