The live mid-rate USD to TRY exchange rate is 38.01. Compare currency conversion rates - Reduce FX costs.
The best USD to TRY exchange rate is our partner deal rate of 37.82 from OFX . This is -0.5% compared to the mid-market rate 38.01.
The standard OFX USD-TRY rate is 37.1254, -2.3% from the mid-rate. Visit OFX here to secure the better rate.
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.
Looking at our comparison table the best USD to TRY exchange rate is 37.82 from OFX, -0.5% from the mid-market rate 38.01. The next best rate is 37.79 from XE, -0.58% from the mid-rate. Then Wise with 37.77 is -0.63% from the mid-rate.
The Western Union rate is 37.63 which is -1% from the mid-rate.
Among the banks, the Chase Bank rate is 35.03 at -7.8%, the Wells Fargo Bank rate is 34.81 at -8.4%, and the Citibank rate is 36.56 at -3.8% compared to the mid-rate 38.01.
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.
The Dollar to Lira comparison table above 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 USD-TRY mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/TRY | Change | Period |
|---|---|---|---|
28 Mar 2025 | 38.00 | 0.3% ▲ | 2 Week |
11 Jan 2025 | 35.40 | 7.7% ▲ | 3 Month |
11 Apr 2024 | 32.42 | 17.6% ▲ | 1 Year |
12 Apr 2020 | 6.7236 | 467.1% ▲ | 5 Year |
14 Apr 2015 | 2.6794 | 1323.1% ▲ | 10 Year |
16 Apr 2005 | 1.3740 | 2675.1% ▲ | 20 Year |
Here are some popular conversion amounts for USD to TRY (US dollar to Turkish lira)*.
*Converted at the current USDTRY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent analysts have noted a downward trend for the US dollar (USD) against the Turkish lira (TRY) amid escalating tensions in US-China trade relations and domestic political unrest in Turkey. The introduction of significant tariffs by the US has led to fears of a potential recession, contributing to selling pressure on the USD. Consequently, the currency has seen a decline, now trading at approximately 37.99 TRY, which is 3.7% higher than its three-month average of 36.64 TRY. This recent volatility reflects a trading range of 35.40 to 38.06 TRY over the past several months.
Read our full review of recent USD to TRY forecasts.
There are several ways to save on exchange rates when converting US dollar to Turkish lira:
Generally speaking, if you are buying Turkish lira with US dollar, then it's better for the USD/TRY exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Turkey — a practical currency and money guide to travel in Turkey plus living and doing business with the Turkish lira.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/TRY to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | Turkey (TRY) |
Living and conducting business in Turkey offer unique opportunities and challenges, particularly concerning currency matters.
Expatriate Life in Turkey:
Conducting Business in Turkey:
Recommendations:
In summary, while Turkey presents appealing opportunities for expatriates and businesses, it's imperative to proactively manage currency-related challenges to ensure financial stability and operational success.
Read more at our Turkey (TRY) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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