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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 market bias for the USD to TRY exchange rate is bearish.

The main drivers include the anticipated interest rate cuts by the Federal Reserve, which could lead to a weaker USD over the coming months. Additionally, the Central Bank of Turkey's plan to continue easing monetary policy suggests further weakening of the Turkish Lira amid persistent inflation pressures. Lastly, global economic growth and rising commodity prices may create volatility in both currencies, impacting their exchange rates.

Near-term, the USD to TRY is likely to trade within a range reflective of recent highs, remaining above January's three-month average.

An upside risk is the potential for stronger-than-expected U.S. economic indicators, which may support the USD. Conversely, a downside risk includes worsening inflation in Turkey, leading to more aggressive policy shifts from the Central Bank that could depress the TRY further.

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 =
42.96We compare provider deals to this wholesale mid-market rate. Read more
TRY
1d0.0%⬦
90dHighs◓
USD to TRY is at 90-day highs near 42.96, 1.6% above its 3-month average of 42.29, having traded in a very stable 3.3% range from 41.60 to 42.96
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  1 TRY = 0.023279 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.

DateUSD/TRYChangePeriod
18 Dec 2025
42.81
0.4% ▲2 Week
03 Oct 2025
41.66
3.1% ▲3 Month
01 Jan 2025
35.38
21.4% ▲1 Year
02 Jan 2021
7.4392
477.5% ▲5 Year
04 Jan 2016
2.9571
1352.8% ▲10 Year
06 Jan 2006
1.3360
3115.6% ▲20 Year
USD/TRY historic rates & change to 01-Jan-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.

 
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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