The best USD to TRY exchange rate is 33.92. Compare foreign transfer and currency exchange rates, find better rates & deals.
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Exchange rates can vary significantly between different currency exchange providers, so it's important to 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 foreign exchange providers against the latest USD-TRY mid-rate (see Market Data below ) and the possible savings of using a different provider.
US dollar (USD) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | USD/TRY | Change | Period |
---|---|---|---|
30 Aug 2024 | 34.07 | 0.4% ▼ | 2 Week |
15 Jun 2024 | 32.74 | 3.6% ▲ | 3 Month |
14 Sep 2023 | 26.95 | 25.9% ▲ | 1 Year |
15 Sep 2019 | 5.7199 | 493% ▲ | 5 Year |
16 Sep 2014 | 2.2070 | 1436.9% ▲ | 10 Year |
18 Sep 2004 | 1.5198 | 2131.9% ▲ | 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.
The USD to TRY exchange rate has recently been influenced by a combination of US economic data and broader political and economic developments within Turkey. Analysts have noted a weakening US dollar following disappointing producer price index figures, which has raised expectations of potential interest rate cuts by the Federal Reserve. This dovish sentiment from Fed Chair Jerome Powell, who hinted at the need for policy adjustments to support the labor market, has put downward pressure on the dollar. On the other hand, while the US economy shows resilience against inflationary pressures, there remains market speculation about the timing of interest rate cuts, especially following strong job growth that delayed anticipated shifts in monetary policy.
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.
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.
Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Read our Currency guide to Turkey - a practical currency and money guide to travel, living and doing business in Turkey with the Turkish lira.
United States (USD) | Turkey (TRY) |
The area (㎡) of prime property that $US1million buys in Turkey's capital city Istanbul in Q1 2018 is 110㎡.
This is compared to equivalent areas for Hong Kong 22㎡, London 27㎡, Singapore 37㎡, Paris 45㎡, Shanghai 50㎡, Tokyo 70㎡, Berlin 74㎡, Mumbai 94㎡, Dubai 138㎡ and San Paulo 172㎡.
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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