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
13 Jun 2025
39.39
1.1% ▲
2 Week
29 Mar 2025
38.00
4.8% ▲
3 Month
27 Jun 2024
32.89
21.1% ▲
1 Year
28 Jun 2020
6.8532
481.3% ▲
5 Year
30 Jun 2015
2.6865
1383% ▲
10 Year
02 Jul 2005
1.3364
2881.1% ▲
20 Year
USD/TRY historic rates & change to 27-Jun-2025
Analysts predict continued volatility in the USD/TRY exchange rate as the USD sits at 39.86 TRY, 2.9% above the 3-month avg of 38.74. Political instability in Turkey and Fed policy discussions contribute to uncertainty. Stay alert to these dynamics for better transaction strategies
@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 * :
The standard OFX USD-TRY rate is 39.1106, -1.9% 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.
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 39.68, -0.5% from the latest mid-market rate 39.88.
The next best is XE at 39.64, -0.6% from the mid-rate.
Then Wise at 39.62, which is -0.65% 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.