Understanding the Table:
The comparison table above helps you see the total cost of your HSBC 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’.
Turkish lira (TRY) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
TRY/USD Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by significant inflation and interest rate adjustments in Turkey.
EUR/USD Outlook: Likely to increase, supported by the euro's position well above its recent average and near recent highs.
USD/GBP Outlook: Likely to decrease, as the rate is below its recent average and near recent lows, primarily driven by growing concerns over US economic stability.
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 * :
*Converted at the current TRY-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The HSBC TRY to USD exchange rate is 0.0222. This is -3.6% compared to the latest TRY-USD mid-market rate 0.023028.
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 HSBC - Lira to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest TRY-USD mid-rate and the possible savings of using various providers.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC 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.
View a full list of exchange rates by selecting your Base (from) currency:
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