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USD to TRY - Compare Rates

US Dollar to Turkish Lira exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

What's in this USD to TRY guide?

  1. USD/TRY - Latest
  2. Trend & Alerts
  3. Foreign Transfers
  4. Spend & Travel
  5. Quick Amounts
  6. Forecasts
  7. Get Best Rates
  8. Historic Rates
 

USD TRY live spot rate

1 USD = 8.2955 TRY

Sell USD / Buy TRY 

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US Dollar to Turkish Lira - Trend & Alerts

USDTRY at 8.2961 is 10.1% above its 90-DAY average, range 6.8443-8.2961.
🔔 USDTRY is UP 5.5% this 7-DAY period and at 90-DAY HIGHS.
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Alerts:7-DAYâ–²5.5% | 90-DAY HIGHS |
 
 

Comparing USD TRY Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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US Dollar to Turkish Lira - Quick Conversions

USD TRY
U$ 1 ₺ 8.2955
U$ 5 ₺ 41.48
U$ 10 ₺ 82.96
U$ 20 ₺ 165.91
U$ 50 ₺ 414.78
U$ 100 ₺ 829.55
U$ 250 ₺ 2,074
U$ 500 ₺ 4,148
U$ 1,000 ₺ 8,296
U$ 2,000 ₺ 16,591
U$ 5,000 ₺ 41,478
U$ 10,000 ₺ 82,955
U$ 50,000 ₺ 414,775
U$ 100,000 ₺ 829,550
More amounts
USD TRY
U$ 0.1205 ₺ 1
U$ 0.6025 ₺ 5
U$ 1.2050 ₺ 10
U$ 2.4100 ₺ 20
U$ 6.0250 ₺ 50
U$ 12.05 ₺ 100
U$ 30.13 ₺ 250
U$ 60.25 ₺ 500
U$ 120.50 ₺ 1,000
U$ 241.00 ₺ 2,000
U$ 602.50 ₺ 5,000
U$ 1,205 ₺ 10,000
U$ 6,025 ₺ 50,000
U$ 12,050 ₺ 100,000
More amounts

To calculate other USD/TRY FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate USD to TRY .

Country Guides - Turkish Lira

 
TurkeyTurkey (TRY)
   

US Dollar - Turkish Lira Forecasting

When determining the best time to make a foreign exchange transaction, in this case the USD vs TRY, you should pay attention to the recent market trends for both currencies.

US Dollar (USD)

Key fundamentals that previously propped up the USD (such as company revenues, inflation rates and interest rates) have been rapidly eroded. However, there are drivers for a temporary shift in risk demand for the US dollar. Nothing goes down in a straight line, and the US dollar might bounce before it continues its trend lower.

The US dollar has dropped steadily for the last 3 months against nearly all major currencies.

However, as reported by Bloomberg Aug 11, the shorting of the US dollar - betting that USD will continue to drop - is becoming a crowded trade and may backfire.

Bank of America predict that an early discovery of a vaccine against the coronavirus would be a positive for the US dollar. That's because Europe and Asia have a higher chance of fresh waves of infections the longer it takes for a vaccine to be found, a scenario that's bullish for the US dollar, read more at the Bloomberg report.

In July market USD forecasts started predicting US dollar weakness during the second half of 2020. This was triggered by the mid-July european leaders delivery a historic stimulus package which was seen by market commentators as positive for the euro and hence negative for US dollar.

In early May the continuing coronavirus pandemic and an associated possible re-escalation in the US-China trade tensions has moved the market into safer currencies such as the USD and JPY.

The US dollar held its value in 2019 despite the US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

Read more in the article USD Forecasts.

 

Turkish Lira (TRY)

The Turkish Lira weakened to record lows against the US dollar and Euro in August.

 

How to get Best USD to TRY Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

 

Will USD rise or fall against TRY?

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.

USD/TRY rateChangePeriod
20 Oct 2020 : 7.86294.1% â–²1 Week
27 Sep 2020 : 7.66906.8% â–²30 Days
29 Jul 2020 : 6.972017.4% â–²90 Days
28 Oct 2019 : 5.730242.9% â–²1 Year
29 Oct 2015 : 2.9332179.1% â–²5 Years
30 Oct 2010 : 1.4344470.8% â–²10 Years

USD/TRY 10 year historic rates & change to 27-Oct-2020 : 8.1874

 

When is the best time to exchange USD to TRY?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts