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TRY/USD - Live Converters & Chart

Turkish Lira to United States Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

TRY to USD interbank exchange rate = 0.1644

This calculator converts amounts at the latest USD/TRY mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

TRY / USD converter & margin calculator

₺TRY
$USD
Mid-rates:
 
 

Foreign Transfers Travel Money

Sending TRY->USD we recommend:

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Turkish Lira

United States Dollar

1 TRY 0.1644 USD
5 TRY 0.8220 USD
10 TRY 1.6440 USD
20 TRY 3.2880 USD
50 TRY 8.2200 USD
100 TRY 16.44 USD
250 TRY 41.10 USD
500 TRY 82.20 USD
1,000 TRY 164.40 USD
2,000 TRY 328.80 USD
5,000 TRY 822.00 USD
10,000 TRY 1,644.00 USD
50,000 TRY 8,220.00 USD
100,000 TRY 16,440.00 USD
See more

Turkish Lira

United States Dollar

6.0844 TRY 1 USD
30.42 TRY 5 USD
60.84 TRY 10 USD
121.69 TRY 20 USD
304.22 TRY 50 USD
608.44 TRY 100 USD
1,521.10 TRY 250 USD
3,042.20 TRY 500 USD
6,084.40 TRY 1,000 USD
12,168.80 TRY 2,000 USD
30,422.00 TRY 5,000 USD
60,844.00 TRY 10,000 USD
304,220.00 TRY 50,000 USD
608,440.00 TRY 100,000 USD
See more
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TRY/USD - Historical Trends

This table shows historic rates and trends of Turkish Lira to United States Dollar over periods upto 10 years.

PeriodTRY/USDDate
1 Day0.165019 May 2019
1 Week0.164013 May 2019
1 Month0.172120 Apr 2019
6 Months0.187921 Nov 2018
1 Year0.222320 May 2018
5 Years0.476521 May 2014
10 Years0.649822 May 2009

You can use our TRY interactive charts to check TRYUSD historic trends.

Outlook and forecasts for TRY and USD

Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.

So it follows that if you are determining the best time to transact, in this case the TRY vs USD, you should pay attention to the forecasts and trends for both Turkish Lira and United States Dollar:

 

Turkish Lira (TRY) outlook

In the second half of April, the lira slipped to its weakest level in 6 months against the dollar, at ₺5.83. It was 11.5 percent lower than its strongest level from January, but was 21.5 percent higher than its 2018 low (2018 was a crisis year for the lira).

In April, Turkey described a reform package aimed at lifting the economy out of recession. The package included billions injected into banks, reduced tax exemptions, lower corporate tax rates and a crackdown on the shadow economy; however, ratings agencies did not see many positives in the plans due to inadequate details.

TradingEconomics.com sees the lira quoted 5 percent weaker against the dollar in April 2020, at ₺6.14.

 

United States Dollar (USD) outlook

The US dollar has benefitted this year despite some quite serious escalations in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. By mid-May, the Dollar Index was nearly 2 percent higher year-to-date; it was only 0.5 percent away from making a 2-year high.

The greenback’s 2019 strength has come in spite of a dovish turn by the Federal Reserve, which said in March it expects no interest rate increase this year. Fortunately for dollar holders, the rest of the world has problems and many other central banks have also turned dovish, removing some of the policy-based incentives for selling USD.

In May, HSBC warned against thinking that the dollar has got too high. The bank highlighted the “desolation and destruction” (an exaggeration) facing other economies and currencies. “You can never get too high,” the bank’s chief analyst said. “What would you want to buy out there if not dollars?”

Read the full article United States Dollar Forecasts.

Why can't I just get the TRY/USD market rate I see online or in the media?

The TRY/USD mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the TRY / USD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all TRY Exchange Rates