OCBC Bank USD to TRY Exchange Rates & Currency Deals
USD-TRY Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your OCBC Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to TRY Market Data
US dollar (USD) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/EUR Outlook:
The USD/EUR rate is currently below its recent average and near recent lows, suggesting a slightly weaker but likely to move sideways outlook.
USD/JPY Outlook:
The USD/JPY exchange rate is slightly weaker, but likely to move sideways as it trades below its recent average and is near recent lows.
USD/TRY is expected to rise, currently at 90-day highs, fueled by strong US jobs data. Key drivers include the widening rate gap due to Fed's rate stance vs. Turkey's cuts and concerns from Fitch's downgrade on Turkey's recovery. Range: expect it to stay elevated
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USD to TRY 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 US dollar are worth in Turkish lira across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
OCBC Bank Send Money conversion rate for USD to TRY?
The OCBC Bank USD to TRY exchange rate is 42.23. This is -3.5% compared to the latest USD-TRY mid-market rate 43.76.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Turkish lira (TRY) rates from different sources before making a conversion.
The above
OCBC Bank - Dollar to Lira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OCBC Bank and other foreign exchange providers against the latest USD-TRY mid-rate and the possible savings of using various providers.
How do OCBC Bank USD-TRY rates compare between providers?
Looking at the full
USD to TRY - Send Money comparison table the provider with the best USD to TRY exchange rate is OFX at 43.54, -0.5% from the latest mid-market rate 43.76.
The next best is XE at 43.5, -0.59% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like OCBC Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.