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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Turkey can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Turkey bank accounts or pay a Turkish lira invoice.
USD to TRY Market Data
US dollar (USD) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the USD to TRY Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Turkish lira is to review how the USD/TRY rate has changed over time.
The table below shows the percentage change in the USD to TRY exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
USD/TRY
Change
Period
03 Oct 2025
41.66
0.6% ▲
2 Week
19 Jul 2025
40.37
3.9% ▲
3 Month
17 Oct 2024
34.20
22.6% ▲
1 Year
18 Oct 2020
7.9170
429.6% ▲
5 Year
20 Oct 2015
2.8998
1346% ▲
10 Year
22 Oct 2005
1.3637
2974.7% ▲
20 Year
USD/TRY historic rates & change to 17-Oct-2025
USD/TRY continues to show volatility, peaking at 41.91, 1.9% above the 3-month avg. Recent dovish Fed comments may weaken the USD, while Turkey faces soaring inflation at 33.29% and political unrest. Analysts caution to monitor upcoming U.S. inflation data closely
@bestfxrates
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
best Send Money conversion rate for USD to TRY?
The best USD to TRY exchange rate is 41.76 from Wise. This is -0.43% compared to the mid-market rate 41.94.
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
Dollar to Lira 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 USD-TRY mid-rate and the possible savings of using various providers.
How do 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 Wise at 41.76, -0.43% from the latest mid-market rate 41.94.
The next best is OFX at 41.73, -0.5% from the mid-rate.
Then XE at 41.69, which is -0.6% from the mid-rate.
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.