USD to TRY Transfers Compared

   

USD/TRY trades at 42.49, up 1.7% from the 3-month avg of 41.79. Analysts note a risk-positive sentiment impacting USD, while the TRY faces pressure from rising inflation and political unrest. Stay alert, as upcoming US inflation data may influence future rate movements

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What is the best Send Money conversion rate for USD to TRY?

The best USD to TRY exchange rate is 42.29 from OFX . This is -0.49% compared to the mid-market rate 42.50.

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 OFX at 42.29, -0.49% from the latest mid-market rate 42.50.

The next best is XE at 42.24, -0.61% from the mid-rate.

Then Western Union at 42.07, which is -1% from the mid-rate.

Among the banks the Chase Bank rate is 38.5 at -9.4% the Wells Fargo Bank rate is 38.25 at -10% and the Citibank rate is 40.2 at -5.4% compared to the mid-rate 42.50.

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.