The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to TRY Market Data
US dollar (USD) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/TRY is likely to rise as it trades at 90-day highs, fueled by geopolitical tensions boosting demand for the USD.
**Key drivers:**
- US Fed's tighter policy vs.
Turkey's easing
- High oil prices increasing USD demand
- Declining inflation but high FX exposure in Turkey
**Range:**
Expect the rate to test recent highs due to ongoing tensions.
**What could change it:**
- Upside risk: Escalating Middle Eastern conflicts could hike USD demand.
- Downside risk: Strong Turkish economic data may bolster the lira
@bestfxrates
USD to TRY Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Turkish lira across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to TRY?
The best USD to TRY exchange rate is 43.85 from OFX . This is -0.5% compared to the mid-market rate 44.07.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Turkish lira (TRY) rates from different sources before making a conversion.
The above
Dollar to Lira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-TRY mid-rate and the possible savings of using various providers.
How do USD-TRY rates compare between providers?
Looking at the full
USD to TRY - Send Money comparison table the provider with the best USD to TRY exchange rate is OFX at 43.85, -0.5% from the latest mid-market rate 44.07.
The next best is XE at 43.81, -0.59% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.