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 0.022928, 1.8% below its 3-month average of 0.023348, having traded in a very stable 3.4% range from 0.022928 to 0.023713
TRY/USD Outlook: The outlook is likely to decrease as the rate is below its recent average and near recent lows, showing weakness from Turkish monetary policy changes.
USD/TRY Outlook: Bullish as rates near highs, well above 90-day avg. Key drivers: • Fed paused rate cuts, while Turkey cut rates • Volatility boosts USD as a safe haven. Range: USD/TRY expected to drift higher given lira pressure. What could change it: • Strong US jobs report could elevate USD • A rebound in Turkey's economy might strengthen 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.