Rate direction
US dollar to Turkish lira · USD/TRY trend
Review the recent market direction, current mid-market rate and significant movement alerts.
USD/TRY exchange rate
90-day market context
USD to TRY is at 90-day highs near 47.55, 2.5% above its 3-month average of 46.41, having traded in a quite stable 5.2% range from 45.21 to 47.55
Quick USD/TRY forecast
Currency Forecasts related to USD/TRY
USD to TRY Exchange Rate Forecast & Outlook
Currently, USD/TRY is trading close to 90-day highs near 47.51, supported by the rate differential and Turkish rate hikes. The pair remains within its recent range, but the broader policy gap favors a continued US Dollar strength.
USD to TRY Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 * :
*Converted at the current USD-TRY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for USD to TRY?
The best USD to TRY exchange rate is 47.32 from OFX . This is -0.5% compared to the mid-market rate 47.56.
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 47.32, -0.5% from the latest mid-market rate 47.56.
The next best is XE at 47.27, -0.61% from the mid-rate.
Then Western Union at 46.85, which is -1.5% from the mid-rate.
Among the banks the Chase Bank rate is 38.22 at -19.6% the Wells Fargo Bank rate is 37.94 at -20.2% and the Citibank rate is 40.13 at -15.6% compared to the mid-rate 47.56.
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.