The comparison table above helps you see the total cost of your 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’.
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 0.023176, 1.6% below its 3-month average of 0.023551, having traded in a very stable 3.2% range from 0.023176 to 0.023914
Bias
USD/TRY is bullish-to-range-bound, sitting above the 90-day average and in the upper half of the three-month range.
Key drivers
- Rate gap: The Fed (Federal Reserve) is expected to ease toward neutral policy in 2026, while Turkey has started gradual easing but inflation stays high, keeping the USD relatively supported versus the TRY.
- Macro factor: Upcoming US payrolls and unemployment data will influence Fed easing bets and could tilt the dollar.
- Turkey debt: Turkey's 2026 domestic borrowing plan and ongoing bond auctions add funding pressure, reinforcing lira vulnerability even as the policy stance eases.
Range
USD/TRY should stay within the three-month range, with a slow drift toward the upper end rather than a sharp breakout.
What could change it
- Upside risk: A hotter US jobs reading or hawkish Fed commentary delaying cuts could push USD higher against the TRY.
- Downside risk: Softer US data or clearer signs of Turkish inflation cooling and policy clarity could ease pressure on the lira
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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 * :
What is the
best Send Money conversion rate for TRY to USD?
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Turkish lira (TRY) to US dollar (USD) rates from different sources before making a conversion.
The above
Lira to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest TRY-USD mid-rate and the possible savings of using various providers.
How do TRY-USD rates compare between providers?
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.