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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

11 Apr 2026 • 01:02 GMT

TRY/USD 0.022389

📊 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 near 90-day lows around 0.022389, below its 3-month average and within a stable range. Risk sentiment remains the dominant driver, with both currencies pressured by geopolitical and energy concerns. Near-term conditions suggest the pair may remain supported by risk-off flows, but overall, a weaker bias is favoured as risk aversion persists.

💸 Transfer implications

  • Expats: sending money to USD may find Turkish Lira less favourable than recent levels.
  • Travellers: exchanging for USD could face pressure if TRY continues to weaken.
  • Businesses: paying USD invoices with TRY might see conversions less advantageous than earlier.

🧭 Key drivers

  • Rate gap: Turkish policy rate hikes contrast with the stable USD range, but the gap remains uncertain.
  • Risk/commodities: Geopolitical tensions and energy disruptions are underpinning risk-off sentiment.
  • Global factors: Elevated energy prices and geopolitical tensions underpin risk aversion, pressuring risk-sensitive FX.

⚠️ What could change it

  • Upside risk: Improved geopolitical stability or energy market relief could support the TRY.
  • Downside risk: Escalation in geopolitical tensions or sustained energy disruptions may deepen TRY weakness.

BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs and offset less favourable exchange conditions.

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 =
0.022370We 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 0.022369, 1.8% below its 3-month average of 0.022774, having traded in a very stable 3.7% range from 0.022369 to 0.023196
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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
28 Mar 2026
0.0225
2 Week
11 Jan 2026
0.0232
3 Month
11 Apr 2025
0.0263
1 Year
12 Apr 2021
0.1226
5 Year
13 Apr 2016
0.3516
10 Year
16 Apr 2006
0.7390
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.

 
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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