TRY/USD: what to know
The TRY/USD rate shows how much USD you get for 1 TRY. Right now, 1 TRY buys 0.0202 USD at the mid-market rate. In the other direction, 1 USD is worth 49.5516 TRY.
In the short term TRY is driven mainly by high inflation and central-bank policy, while USD responds to Fed policy, US growth and global risk appetite.
The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira. The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars.
Available archived TRY/USD observations within the last 365 days range from 0.0202 to 0.0239, with a -15.29% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.