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

    Currency outlook USD/TRY

    USD to TRY Forecast & Outlook

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

    USD to TRY Forecast & Outlook

    25 Jul 2026 • 01:10 GMT

    USD/TRY 47.34

    Forecast snapshot

    Quick USD/TRY forecast

    Near-term bias🟢 Mild upside
    Expected range47.3400 – 48.1690
    Dominant driver🌍 Global risk sentiment
    3-month trend🟢 Uptrend

    Currently, USD/TRY is trading close to recent highs near 47.34, holding near the 90-day average. The pair is supported by risk-off sentiment and safe-haven demand. Over the next few sessions, the pair may remain supported if risk aversion persists and global tensions stay elevated, keeping the USD well bid against the Turkish lira.

    💸 Transfer implications

    • Expats: sending money to Turkey may find USD more favourable than recent levels if the pair holds near highs.
    • Travellers: exchanging currency in Turkey may face less advantageous rates if USD/TRY remains near recent high.
    • Businesses: paying Turkish lira invoices with USD might see conditions stay supportive for USD payments in the near term.

    🧭 Key drivers

    • Rate gap: The USD's yield advantage and monetary policy stance keep it supported compared to TRY.
    • Risk/commodities: Risk-off sentiment driven by geopolitical tensions sustains safe-haven flows into USD.
    • Global factors: Ongoing geopolitical tensions continue to bolster safe-haven currencies and pressure risk-sensitive FX.

    ⚠️ What could change it

    • Upside risk: A reduction in geopolitical tensions or signs of global risk appetite improving could weaken USD support.
    • Downside risk: Unexpected Turkish policy measures or positive economic data might limit USD strength or push the pair lower.

    Comparing FX providers may help offset less favourable exchange conditions and reduce total transfer costs.

    Compare before you exchange

    Compare USD to TRY rates

    Check today’s provider offers alongside the market outlook before you make a transfer.

    USD/TRY exchange-rate comparison Compare rates and typical FX costs

     
     
       

    Rate direction

    USD to TRY market data

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

    Sell USD   →   Buy TRY
    1 USD =
    47.39We compare provider deals to this wholesale mid-market rate. Read more
    TRY
    1D+0.1%▲
    90dHighs
    USD to TRY is at 90-day highs near 47.39, 2.4% above its 3-month average of 46.26, having traded in a quite stable 5.1% range from 45.08 to 47.39
    |
    Tracker

    Manage Tracker   

      1 TRY = 0.021099 USD
     

    Will the US dollar rise against the Turkish lira?

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

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

    DateUSD/TRYChangePeriod
    15 Jul 2026
    47.04
    		0.8% ▲2 Week
    30 Apr 2026
    45.15
    		5% ▲3 Month
    29 Jul 2025
    40.57
    		16.8% ▲1 Year
    30 Jul 2021
    8.4540
    		460.7% ▲5 Year
    31 Jul 2016
    2.9870
    		1486.9% ▲10 Year
    03 Aug 2006
    1.4968
    		3066.8% ▲20 Year
    USD/TRY historic rates & change to 29-Jul-2026

    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 USD/TRY to your personalised Rate Tracker to track and benefit from currency movements.

     
    Track Rate
     

    Manage Tracker