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Best Exchange Rates

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USD to TRY - Compare Exchange Rates

United States Dollar to Turkish Lira - 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.

 

Compare USD/TRY Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from USD to TRY. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive TRY(₺)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
51,887 TRY
Best Overall
5.18870^1.68%Bank Transfers - Online & Phone1-2 days
Wells Fargo Bank logo
50,808 TRY
₺1,079 less
5.09183.72%Online, Branch, Bank Transfers2-3 days
HSBC logo
50,772 TRY
₺1,115 less
5.0848$153.79%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
50,463 TRY
₺1,424 less
5.0758154.37%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
50,135 TRY
₺1,752 less
5.0641$1005%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
50,135 TRY
₺1,752 less
5.0641$1005%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:5.1887 (1.68% from mid-rate)
TRY amount:51,887 TRY
Total Cost:1.68%
Time:
Rate Fetched: Sun Feb 17 2019 22:04:15 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:18
Exchange Rate:5.0900 (3.55% from mid-rate)
TRY amount:50,808 TRY
Total Cost:3.72%
Difference:
₺1,079 less than using OFX
Time:0:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:5.0848 (3.64% from mid-rate)
TRY amount:50,772 TRY
Total Cost:3.79%
Difference:
₺1,115 less than using OFX
Time:0:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo

Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:15
Exchange Rate:5.0537 (4.23% from mid-rate)
TRY amount:50,463 TRY
Total Cost:4.37%
Difference:
₺1,424 less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of America: Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:5.0641 (4.04% from mid-rate)
TRY amount:50,135 TRY
Total Cost:5%
Difference:
₺1,752 less than using OFX
Time:0:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
U.S. Bank: Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:5.0641 (4.04% from mid-rate)
TRY amount:50,135 TRY
Total Cost:5%
Difference:
₺1,752 less than using OFX
Time:0:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/18/2019

The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money Providers
Ratings & Reviews
Amount TRY(₺)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
Wells Fargo Bank logo
4,940.67 TRY
Compare
5.0415$206.38%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
4,940 TRY
₺0.67 less
4.9906$106.39%Branch-
U.S. Bank Foreign Currency
U.S. Bank logo
4,939.6 TRY
₺1.07 less
4.939606.4%Branch-
 
Travelex Online US logo
4,721.1 TRY
₺220 less
4.72110^10.54%Online order, Branch pickup, Home delivery2-3 days
Wells Fargo Bank: Travel Money USD→TRY
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:5.0415 (4.46% from mid-rate)
TRY amount:4,940.67 TRY
Total Cost:6.38%
Time:0:09 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo

Travel Money USD→TRY
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:4.6175 (12.5% from mid-rate)
TRY amount:4,940 TRY
Total Cost:6.39%
Currency Services:Branch
Delivery/Collect:-
U.S. Bank: Travel Money USD→TRY
USD amount:$1,000 USD
Fee:0
Exchange Rate:4.9396 (6.4% from mid-rate)
TRY amount:4,939.6 TRY
Total Cost:6.4%
Time:0:09 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online US: Travel Money USD→TRY
USD amount:$1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:4.7211 (10.54% from mid-rate)
TRY amount:4,721.1 TRY
Total Cost:10.54%
Time:
Rate Fetched: Tue Aug 14 2018 15:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/18/2019

USD to TRY mid-rate = 5.2766

Right now the USD/TRY market mid-rate is 5.2766 and represents ideally how many Turkish Lira you can get for one United States Dollar.

This USD/TRY Converter calculates equivalent United States Dollar to Turkish Lira amounts at the market mid-rate:

USD / TRY mid-rate converter


$USD


₺TRY
1 United States Dollar equals
5.2766 Turkish Lira

Compare how much you can save on
USD/TRY exchange rates for:

Foreign Transfers Travel Cash/Cards

 
 
3 Month USD to TRY Chart
Loading USD/TRY rates

United States Dollar

Turkish Lira

1 USD 5.2766 TRY
5 USD 26.38 TRY
10 USD 52.77 TRY
20 USD 105.53 TRY
50 USD 263.83 TRY
100 USD 527.66 TRY
250 USD 1,319.15 TRY
500 USD 2,638.30 TRY
1,000 USD 5,276.60 TRY
2,000 USD 10,553.20 TRY
5,000 USD 26,383.00 TRY
10,000 USD 52,766.00 TRY
50,000 USD 263,830.00 TRY
100,000 USD 527,660.00 TRY
See more

United States Dollar

Turkish Lira

0.1895 USD 1 TRY
0.9475 USD 5 TRY
1.8950 USD 10 TRY
3.7900 USD 20 TRY
9.4750 USD 50 TRY
18.95 USD 100 TRY
47.38 USD 250 TRY
94.75 USD 500 TRY
189.50 USD 1,000 TRY
379.00 USD 2,000 TRY
947.50 USD 5,000 TRY
1,895.00 USD 10,000 TRY
9,475.00 USD 50,000 TRY
18,950.00 USD 100,000 TRY
See more

TRY Country Guides
TurkeyTurkey

United States Dollar to Turkish Lira (USD-TRY) - 10 Year History

The below table shows the historic variation in the USD/TRY exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
17 Feb 20195.2711Latest
10 Feb 20195.25191 Week+0.37%
18 Jan 20195.32951 Month-1.1%
21 Aug 20186.07866 Months-13.28%
17 Feb 20183.74581 Year+40.72%
17 Feb 20173.62942 Years+45.23%
18 Feb 20142.17995 Years+141.8%
19 Feb 20091.682710 Years+213.25%

Why can't I just get the USD/TRY market rate I see on Google or in the Media?

The USD/TRY mid-rate is the rate you will see Quoted on Google 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 USD / TRY 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.

The closer your final exchange rate is to the market USD/TRY midrate the better deal you are getting.

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

The three things you need in order to get a good USD to TRY exchange rate

  1. Know the latest USD/TRY market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Turkish Lira

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

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

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Turkish Lira (TRY) - Market news and forecasts

12-February-2019: The lira has been remarkably stable since December, having floated between 5.15 and 5.55 per dollar, with a few brief exceptions.

Though the lira is considerably stronger than its August ’18 extreme, it is still worth nearly 30 percent less than it was a year ago. In mid-2018, the lira weakened beyond 7 to the dollar (a record low), shocking investors.

From here on in, the lira stands to appreciate, or will at least be among the best performing emerging market currencies of 2019, says an analyst at ING. The analyst said in February that the lira was “the most undervalued in the whole emerging market space.”

With the US Federal Reserve now likely to slow the pace of its interest rate hikes, or stop them, the dollar is forecast to weaken, and emerging market currencies typically gain value in such conditions because their respective governments usually hold high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheaper.

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