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    USD to TRY Exchange Rates

    Compare & Save on US dollar to Turkish lira exchange rates. Latest US dollar to lira analysis and review of forecasts.


    In this US dollar to lira (USD/TRY) rate guide:

    Rate Calculator - US dollar to Turkish lira

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Turkish lira (TRY) rates from different sources before making a conversion.

    This exchange rate calculator makes it easy to compare the Total Cost you are being charged on US dollar to lira currency rates and the possible savings of using various providers.


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    USD to TRY Market Data

    US dollar (USD) to Turkish lira (TRY) market data - latest interbank mid-rate, trend, chart & historic rates.

    1 USD =
    19.97We compare provider deals to this wholesale mid-market rate. Read more
    USD to TRY is at 90-day highs near 19.97, 3.4% above its 3-month average of 19.31, having traded in a relatively stable 6.1% range from 18.82 to 19.97
    Sell USD   →   Buy TRY
    Track Rate

      1 TRY = 0.050068 USD
    12 May 2023
    1.9% 2 Week
    25 Feb 2023
    5.8% 3 Month
    26 May 2022
    22% 1 Year
    27 May 2018
    324.4% 5 Year
    28 May 2013
    976.6% 10 Year
    31 May 2003
    1302.8% 20 Year
    USD/TRY historic rates & change to 26-May-2023

    What are USD to TRY forecasts?

    According to FX analysts, the USD/TRY exchange rate is expected to remain under pressure due to the weakening of the Turkish lira against most of the major currencies. Furthermore, experts believe that it is unlikely that the lira weakness will change soon unless the Turkish President introduces market-friendly interest rate policies and monetary policy guidance. The recent natural disasters, coupled with the ongoing economic turmoil, have further contributed to the depreciation of the currency.

    Read our full analysis of USD to TRY forecasts.

    USD note

    How to get a good USD to TRY exchange rate

    There are several ways to save on exchange rates when converting US dollar to Turkish lira:

    1. Shop around for the best USD/TRY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the USD/TRY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and TRY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Turkish lira with US dollar, then it's better for the USD/TRY exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the US dollar rise against the Turkish lira?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add USD/TRY to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to Turkey - a practical currency and money guide to travel, living and doing business in Turkey with the Turkish lira.


    US dollar & Turkish lira - Country Guides

    United StatesUnited States (USD)TurkeyTurkey (TRY)

    What prime property does $US1m buy in Istanbul?

    The area (㎡) of prime property that $US1million buys in Turkey's capital city Istanbul in Q1 2018 is 110㎡.

    This is compared to equivalent areas for Hong Kong 22㎡, London 27㎡, Singapore 37㎡, Paris 45㎡, Shanghai 50㎡, Tokyo 70㎡, Berlin 74㎡, Mumbai 94㎡, Dubai 138㎡ and San Paulo 172㎡.

    Read more at our Turkey (TRY) country guide


    Related exchange rates


    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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