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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

30 May 2026 • 01:06 GMT

TRY/USD 0.021809

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: 0.0220 – 0.0220
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🔴 Downtrend

Currently, TRY/USD is trading close to its recent lows within the recent range, supported by risk-off conditions. Over the next few sessions, the pair may remain supported if global risk sentiment stays cautious, but heightened geopolitical tensions could lead to increased volatility.

💸 Transfer implications

  • Expats: sending money to the US Dollar may find current levels relatively favourable but should watch for potential weakening if risk sentiment worsens.
  • Travellers: buying US Dollars might experience more stable conversion conditions, though volatility could rise with global risk environment shifts.
  • Businesses: paying USD invoices with Turkish Lira could face less favourable exchange conditions if the pair declines further.

🧭 Key drivers

  • Rate gap: The Turkish interest rate hike to 45% reduces the yield gap, but the rate position remains uncertain.
  • Risk/commodities: The global risk-off environment, driven by geopolitical tensions, supports USD.
  • Global factors: Geopolitical tensions in the Gulf and Iran continue to support safe-haven flows into USD.

⚠️ What could change it

  • Upside risk: A further escalation of geopolitical tensions could strengthen USD, pressuring TRY/USD lower.
  • Downside risk: A stabilization in risk sentiment or easing geopolitical tensions could support TRY and reverse the recent bias.

Shopping around for the lowest margin provider may help reduce overall 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 =
0.021780We 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 0.021784, 2.3% below its 3-month average of 0.022294, having traded in a quite stable 4.4% range from 0.021784 to 0.022752
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  1 USD = 45.91 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
16 May 2026
0.0220
2 Week
01 Mar 2026
0.0227
3 Month
30 May 2025
0.0255
1 Year
31 May 2021
0.1177
5 Year
01 Jun 2016
0.3396
10 Year
04 Jun 2006
0.6389
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