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TRY to USD Market Data
Turkish lira (TRY) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
TRY to USD is at 90-day lows near 0.023281, 1.6% below its 3-month average of 0.023664, having traded in a very stable 3.4% range from 0.023281 to 0.024061
Is the TRY to USD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Turkish lira against the US dollar is to review how the TRY/USD rate has changed over time.
The table below shows the percentage change in the TRY to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
TRY/USD
Period
14 Dec 2025
0.0234
2 Week
29 Sep 2025
0.0240
3 Month
28 Dec 2024
0.0285
1 Year
29 Dec 2020
0.1353
5 Year
31 Dec 2015
0.3428
10 Year
02 Jan 2006
0.7403
20 Year
TRY/USD historic rates
Current market bias: Bearish.
Key drivers:
- The Federal Reserve is likely to cut rates, weakening the USD.
- The Turkish Central Bank also plans significant rate cuts, which may further undermine the TRY.
- Turkey’s economic outlook hints at a reduced current account deficit, but external debt remains a risk.
Near-term range: The USD/TRY exchange rate is expected to trade within a stable range, slightly lower from current levels.
What could change it: An upside risk could be a surge in global commodity prices boosting Turkish exports and supporting the lira. On the downside, unexpected economic weakness in Turkey could raise concerns, leading to additional depreciation of the lira.
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USD to TRY is bearish as a mix of expected rate cuts from the Fed & the Turkish Central Bank weigh on the currencies. Risky economic outlooks for Turkey could drive further depreciation, while surging commodity prices might lend support to the TRY
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TRY to USD 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 Turkish lira are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different TRY amounts at today’s rate * :
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar current value is to look the USD performance against a range of other currencies over various time periods.
The following table looks at the performance of the USD exchange rate against selections of other currencies over time periods from the previous 2 days back to the last 5 years.
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