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USD to TRY 2026 Forecasts

Analysis of recent dollar → lira forecasts for 2026. We collate forecasts from respected FX analysts together with the latest US dollar to Turkish lira performance and trends.

 

The USD/TRY bias is bullish-to-range-bound, as it is currently above the 90-day average and near the upper half of the 3-month range.

Key drivers:

  • Rate gap: The US Federal Reserve is signaling potential rate cuts in 2026, while the Central Bank of Turkey recently trimmed its benchmark rate, creating a widening gap that supports the USD.
  • Risk/commodities: As oil prices have seen recent volatility, the Turkish Lira could be impacted due to Turkey's reliance on energy imports, affecting its economic stability.
  • Inflation trends: Turkey's inflation recently rose, driven by increased food prices and weather-related agricultural disruptions, complicating the outlook for the Lira.

Range: The USD/TRY is likely to hold within its current range, with the potential for some drift towards the extremes.

What could change it:

  • Upside risk: Strong US labor market data could further boost the USD if it results in reduced expectations for Fed easing.
  • Downside risk: Any dovish comments from Fed officials could lead to a weakening of the USD against the TRY.

USD-TRY Rate Calculator

 
   
   
   
   
 
   
 
 

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 =
43.29We compare provider deals to this wholesale mid-market rate. Read more
TRY
1d0.0%⬦
90dHighs◓
USD to TRY is at 90-day highs near 43.28, 1.7% above its 3-month average of 42.57, having traded in a very stable 3.3% range from 41.91 to 43.28
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  1 TRY = 0.023101 USD

Compare & Save - US dollar to Turkish lira

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Turkish lira (TRY) rates from different sources before making a conversion.

Use our USD to TRY 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 Dollar to Lira currency rates and the possible savings of using various providers.

 
 

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.

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.

 
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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