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Understanding the Table:
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’.
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.
US dollar (USD) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
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 |
|---|---|---|---|
08 Jul 2025 | 40.05 | 0.9% ▲ | 2 Week |
23 Apr 2025 | 38.33 | 5.4% ▲ | 3 Month |
22 Jul 2024 | 32.94 | 22.7% ▲ | 1 Year |
23 Jul 2020 | 6.8439 | 490.5% ▲ | 5 Year |
25 Jul 2015 | 2.7379 | 1375.9% ▲ | 10 Year |
27 Jul 2005 | 1.3420 | 2911.2% ▲ | 20 Year |
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.
The best USD to TRY exchange rate is our partner deal rate of 40.23 from OFX . This is -0.49% compared to the mid-market rate 40.43.
The standard OFX USD-TRY rate is 39.6485, -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.
Looking at the full USD to TRY - Send Money comparison table the provider with the best USD to TRY exchange rate is OFX at 40.23, -0.49% from the latest mid-market rate 40.43.
The next best is XE at 40.18, -0.62% from the mid-rate.
Then Wise at 40.16, which is -0.67% from the mid-rate.
The Western Union rate is 40.02 which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 37.43 at -7.4% the Wells Fargo Bank rate is 37.18 at -8% and the Citibank rate is 39.04 at -3.4% compared to the mid-rate 40.43.
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.
View a full list of exchange rates by selecting your Base (from) currency:
