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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.

 

The exchange rate for the Turkish Lira (TRY) to US Dollar (USD) has been notably volatile due to a combination of domestic political unrest in Turkey and strong economic indicators from the United States. Most recently, the USD experienced a boost following impressive US job growth in June, with non-farm payrolls exceeding expectations and unemployment rates declining. This has solidified the USD's status as a safe-haven currency amid ongoing global uncertainties.

Conversely, the TRY has faced significant pressures stemming from domestic political turbulence, particularly following the arrest of Istanbul Mayor Ekrem İmamoğlu. This incident has raised concerns among investors regarding the political landscape in Turkey and President Erdoğan's commitment to economic reforms. Consequently, the TRY plummeted by around 3.3% against the USD, prompting fears of further depreciation as protests against İmamoğlu's detention erupted across major Turkish cities. Analysts suggest that this political uncertainty may exacerbate existing economic challenges, complicating Turkey's efforts to stabilize its currency and attract foreign investment.

Currently, the TRY to USD exchange rate stands at approximately 0.025111, which is 2.4% below its three-month average of 0.025724. This fluctuation in value underscores the lira's instability, as it has remained within a 5.3% range, trading between 0.025057 and 0.026374.

Looking ahead, the USD's strength will likely continue to be influenced by the Federal Reserve's monetary policy, economic indicators, and geopolitical developments. The dovish or hawkish stance of the Fed, particularly concerning interest rates, will remain a pivotal factor in the dollar's valuation, while Turkey's domestic situation continues to present risks for the lira. Experts recommend closely monitoring these economic and political developments, as they will play an essential role in shaping future exchange rate movements between TRY and USD.

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 =
0.024898We compare provider deals to this wholesale mid-market rate. Read more
USD
-0.3%
90d-lows
TRY to USD is at 90-day lows near 0.024898, 2.8% below its 3-month average of 0.025621, having traded in a quite stable 5.9% range from 0.024898 to 0.026366
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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
21 Jun 2025
0.0252
2 Week
06 Apr 2025
0.0263
3 Month
05 Jul 2024
0.0306
1 Year
06 Jul 2020
0.1457
5 Year
08 Jul 2015
0.3724
10 Year
10 Jul 2005
0.7430
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