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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 for USD/TRY International Money Transfers. Costs are calculated against the amount when USD is converted to TRY at mid-rate.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive TRY(₺)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
56,883 TRY
Best Overall
5.68830^2.11%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
Wells Fargo Bank logo
55,701 TRY
1,182 TRY
5.5801184.15%Online, Branch, Bank Transfers2-3 days
HSBC logo
55,660 TRY
1,223 TRY
5.5744$154.22%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
55,321 TRY
1,562 TRY
5.5644154.8%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
54,961 TRY
1,922 TRY
5.5516$1005.42%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
54,961 TRY
1,922 TRY
5.5516$1005.42%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:5.6883 (2.11% from mid-rate)
TRY amount:56,883 TRY
Total Cost:2.11%
Time:
Rate Fetched: Sat Apr 20 2019 16:04:15 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:18
Exchange Rate:5.5801 (3.98% from mid-rate)
TRY amount:55,701 TRY
Total Cost:4.15%
Difference:
1,182 TRY less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:5.5744 (4.07% from mid-rate)
TRY amount:55,660 TRY
Total Cost:4.22%
Difference:
1,223 TRY less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:15
Exchange Rate:5.5403 (4.66% from mid-rate)
TRY amount:55,321 TRY
Total Cost:4.8%
Difference:
1,562 TRY less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:5.5516 (4.47% from mid-rate)
TRY amount:54,961 TRY
Total Cost:5.42%
Difference:
1,922 TRY less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→TRY
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:5.5516 (4.47% from mid-rate)
TRY amount:54,961 TRY
Total Cost:5.42%
Difference:
1,922 TRY less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

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.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Travel Money Providers
Ratings & Reviews
Amount TRY(₺)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
5,439.6 TRY
Compare
5.439606.39%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
5,385 TRY
55 TRY
5.4396$107.33%Branch-
Wells Fargo Bank logo
5,330.81 TRY
109 TRY
5.4396$208.27%Branch-
 
Travelex Online US logo
4,721.1 TRY
718 TRY
4.72110^18.76%Online order, Branch pickup, Home delivery2-3 days
 

U.S. Bank logoU.S. Bank

U.S. Bank: Travel Money USD→TRY
USD amount:$1,000 USD
Fee:0
Exchange Rate:5.4396 (6.39% from mid-rate)
TRY amount:5,439.6 TRY
Total Cost:6.39%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→TRY
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:5.0848 (12.5% from mid-rate)
TRY amount:5,385 TRY
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Travel Money USD→TRY
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:5.4396 (6.39% from mid-rate)
TRY amount:5,330.81 TRY
Total Cost:8.27%
Time:18:01 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 (18.76% from mid-rate)
TRY amount:4,721.1 TRY
Total Cost:18.76%
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:
 

USD to TRY interbank exchange rate = 5.8112

Right now the USD/TRY interbank exchange rate is 5.8112. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Turkish Lira to United States Dollar.

This USD/TRY Converter calculates equivalent United States Dollar to Turkish Lira amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / TRY converter & margin calculator


$USD
₺TRY
Mid-rates:
 

Foreign Transfers Travel Money

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

Foreign Transfers Travel Money

1 Week USD to TRY
Loading USD/TRY rates

United States Dollar

Turkish Lira

1 USD 5.8112 TRY
5 USD 29.06 TRY
10 USD 58.11 TRY
20 USD 116.22 TRY
50 USD 290.56 TRY
100 USD 581.12 TRY
250 USD 1,452.80 TRY
500 USD 2,905.60 TRY
1,000 USD 5,811.20 TRY
2,000 USD 11,622.40 TRY
5,000 USD 29,056.00 TRY
10,000 USD 58,112.00 TRY
50,000 USD 290,560.00 TRY
100,000 USD 581,120.00 TRY
See more

United States Dollar

Turkish Lira

0.1721 USD 1 TRY
0.8605 USD 5 TRY
1.7210 USD 10 TRY
3.4420 USD 20 TRY
8.6050 USD 50 TRY
17.21 USD 100 TRY
43.03 USD 250 TRY
86.05 USD 500 TRY
172.10 USD 1,000 TRY
344.20 USD 2,000 TRY
860.50 USD 5,000 TRY
1,721.00 USD 10,000 TRY
8,605.00 USD 50,000 TRY
17,210.00 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
20 Apr 20195.8112Latest
13 Apr 20195.77541 Week+0.62%
21 Mar 20195.46751 Month+6.29%
22 Oct 20185.66696 Months+2.55%
20 Apr 20184.07601 Year+42.57%
20 Apr 20173.64162 Years+59.58%
21 Apr 20142.13205 Years+172.57%
22 Apr 20091.643110 Years+253.67%

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

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Turkish Lira (TRY) - Market news and forecasts

12-March-2019: Turkey’s lira suffered its worst one-day fall since the country’s crisis last year, amid a global retreat by investors from riskier assets.

The lira fell over 5 per cent against the dollar to as low as TL5.82, breaking a period of relative calm in Turkish financial markets so far this year amid rising caution over the resilience of the global economy.

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.