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USD to TRY Forecasts – US dollar to Turkish lira

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

16 May 2026 • 01:06 GMT

USD/TRY 45.50

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: 45.5000 – 46.2960
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🔴 Downtrend

USD/TRY is trading close to 90-day highs near 45.50, supported by the rate differential with the US Dollar and Turkish inflation concerns. Near-term conditions suggest the pair may continue to find support around these levels, given the rate gap and heightened risk-off sentiment.

💸 Transfer implications

  • Expats: sending US Dollars to Turkish Lira may remain supported, making conversions more favourable than recent levels.
  • Travellers: buying Turkish Lira with USD could face ongoing support, potentially making foreign cash more advantageous.
  • Businesses: paying invoices in Turkish Lira using USD may be more favourable than in recent weeks.

🧭 Key drivers

  • Rate gap: US Dollar interest rates remain higher than Turkish policy, supporting USD/TRY above its 90-day average.
  • Risk/commodities: global risk-off conditions, driven by deteriorating risk sentiment, boost USD demand.
  • Global factors: global macro environment is currently risk averse, maintaining safe-haven flows into USD.

⚠️ What could change it

  • Upside risk: a further rise in US interest rates or positive risk sentiment could strengthen USD further.
  • Downside risk: a stabilisation in Turkish inflation or improved risk appetite might weaken USD/TRY, bringing it closer to recent support levels.

BER suggests comparing FX providers as finding providers with lower margins can reduce total transfer costs.

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 =
45.58We 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 45.56, 2.2% above its 3-month average of 44.57, having traded in a quite stable 4.3% range from 43.70 to 45.56
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  1 TRY = 0.021940 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
04 May 2026
45.22
0.8% ▲2 Week
17 Feb 2026
43.74
4.2% ▲3 Month
18 May 2025
38.86
17.3% ▲1 Year
19 May 2021
8.4156
441.6% ▲5 Year
20 May 2016
2.9796
1429.7% ▲10 Year
23 May 2006
1.5042
2930.2% ▲20 Year
USD/TRY historic rates & change to 18-May-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