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TRY to USD 2025 Forecasts

Analysis of recent lira → dollar forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Turkish lira to US dollar performance and trends.

 

Recent forecasts surrounding the TRY to USD exchange rate indicate significant volatility influenced by both local and international factors. Analysts note that the Turkish lira (TRY) has come under renewed pressure, hitting a record low against the dollar as political uncertainty escalates following the arrest of Istanbul's mayor, Ekrem İmamoğlu. This event has raised alarms among investors regarding President Erdoğan's commitment to democratic norms and economic reforms. As a result, the Turkish lira experienced a sharp decline of 3.3%, suggesting a loss of confidence in the government’s ability to stabilize the economy.

Market observers highlight that the backdrop of Turkey's political turmoil is compounded by a 10% reciprocal tariff imposed by the U.S. on Turkish goods, further straining the economic relationship between the two nations. These developments contribute to a pessimistic outlook for the lira, with traders concerned about the potential for prolonged economic instability.

Conversely, the U.S. dollar (USD), while currently subdued, remains a key player on the global stage. The dollar's intrinsic value is shaped by U.S. economic indicators, particularly monetary policy set by the Federal Reserve. Analysts caution that anticipated declines in U.S. durable goods orders could weigh on the dollar, potentially shaping its fluctuations against emerging currencies like the TRY.

As of now, the TRY to USD exchange rate is at 0.024657, which is approximately 2.9% lower than its three-month average of 0.025384. Trading activity has remained relatively stable within a 5.8% range, further emphasizing the uncertain landscape. Economic experts suggest that continued political unrest in Turkey and mixed economic data from the U.S. will likely keep the TRY under pressure against the dollar in the near term.

In conclusion, the interplay between Turkey's political challenges and the U.S. economic landscape will be critical to watch. Forecasts indicate that unless there are significant positive changes in Turkey's political stability and economic policy, the TRY might continue to face downward pressure against the USD. Investors are advised to stay informed about these key developments, as they will directly influence international transaction costs and currency valuations.

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.

 
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1 TRY =
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USD
TRY to USD at 0.024635 is 2.7% below its 3-month average of 0.025311, having traded in a quite stable 5.7% range from 0.024614 to 0.026008
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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
12 Jul 2025
0.0249
2 Week
27 Apr 2025
0.0260
3 Month
26 Jul 2024
0.0304
1 Year
27 Jul 2020
0.1453
5 Year
29 Jul 2015
0.3618
10 Year
31 Jul 2005
0.7526
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