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USD to TRY Rates - 2026 Forecast

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.

 

USD/TRY Outlook:

The USD/TRY rate is likely to increase as it is trading above its recent average and near recent highs. Strong demand for the US dollar is driven by geopolitical uncertainty, making it a preferred safe-haven asset.

Key drivers:

• Rate gap: The Federal Reserve’s ongoing interest rate adjustments are attracting global capital, supporting the USD against the TRY.

• Risk/commodities: Ongoing geopolitical tensions contribute to higher demand for the USD, while Turkey's economic volatility pressures the lira.

• One macro factor: The high inflation rate in Turkey keeps interest rates elevated, which could slow down economic growth and hurt the lira's value.

Range:

Expect the USD/TRY to test the recent high range, but it may drift subtly within its 3.5% range.

What could change it:

• Upside risk: A positive market reaction to upcoming US economic data could strengthen the USD further.

• Downside risk: A sudden improvement in Turkey's political stability might enhance confidence in the lira, leading to its appreciation.

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 =
43.97We 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 43.93, 1.7% above its 3-month average of 43.18, having traded in a very stable 3.5% range from 42.43 to 43.93
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  1 TRY = 0.022743 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
13 Feb 2026
43.65
0.7% ▲2 Week
29 Nov 2025
42.49
3.5% ▲3 Month
27 Feb 2025
36.52
20.4% ▲1 Year
28 Feb 2021
7.4219
492.3% ▲5 Year
01 Mar 2016
2.9440
1393.2% ▲10 Year
04 Mar 2006
1.3049
3268.8% ▲20 Year
USD/TRY historic rates & change to 27-Feb-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