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    Regions Bank Send Money to Turkey USD/TRY Rates Compared Live

    The Regions Bank USD to TRY rate is 35.54. This is -8.3% below the mid-rate. Compare Regions Bank currency conversion rates - Reduce FX costs.

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    #USDTRY hits 90-day high at 38.77, up 3.6% from 3-month avg amid Turkey political tensions & Trump's 10% tariff announcement. Analysts expect continued TRY weakness as investor confidence wavers. Watch for Fed signals on rates staying higher longer - could further boost USD

     

    What is the Regions Bank Send Money conversion rate for USD to TRY?

    The Regions Bank USD to TRY exchange rate is 35.54. This is -8.3% compared to the latest USD-TRY mid-market rate 38.77.

    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.

    How do Regions Bank USD-TRY rates compare between providers?

    Looking at our comparison table the best USD to TRY exchange rate is 38.58 from OFX, -0.49% from the mid-market rate 38.77. The next best rate is 38.53 from XE, -0.62% from the mid-rate. Then Wise with 38.51 is -0.67% from the mid-rate.

    The Western Union rate is 38.38 which is -1% from the mid-rate.

    Among the banks, the Chase Bank rate is 35.69 at -7.9%, the Wells Fargo Bank rate is 35.46 at -8.5%, and the Citibank rate is 37.24 at -3.9% compared to the mid-rate 38.77.

    It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Regions Bank 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.

     

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    The Regions Bank Dollar to Lira comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Regions Bank and other foreign exchange providers against the latest USD-TRY mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     

    Regions Bank at a glance

    Regions Bank is a financial institution headquartered in Birmingham, Alabama, USA. It provides a range of banking and financial services to individuals, businesses, and commercial clients, including deposit accounts, credit cards, loans, mortgages, and wealth management services.

    Regions Bank serves over 5 million customers, including individuals, small businesses, and commercial clients. The bank is known for its focus on community development, and has committed to providing $15 billion in community investments and lending over a five-year period. Additionally, Regions Bank offers a range of foreign exchange (FX) services to help clients manage their international payments and foreign currency transactions.

    How do Regions Bank exchange rates compare?

    When you get a quote for your foreign wire transfer from Regions Bank on their website, in-app or in-branch, you should make note of the Regions Bank exchange rate, but it can be difficult to then calculate how much markup from the market rate you are being charged.

    Our research shows that on average, the Regions Bank exchange rate markup for foreign wires is somewhere between 3 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.

    While all banks in the USA charge this type of markup, we make it easy to see how much you can save by using a global money transfer specialist.

     
     

    USD to TRY Market Data

    US dollar (USD) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    Sell USD   →   Buy TRY
    1 USD =
    38.77We compare provider deals to this wholesale mid-market rate. Read more
    TRY
    +0.4%
    90d-highs
    USD to TRY is at 90-day highs near 38.77, 3.6% above its 3-month average of 37.42, having traded in a fairly volatile 8.1% range from 35.88 to 38.77
    |
    Tracker

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    DateUSD/TRYChangePeriod
    25 Apr 2025
    38.42
    0.8% 2 Week
    08 Feb 2025
    35.88
    7.9% 3 Month
    09 May 2024
    32.29
    19.9% 1 Year
    10 May 2020
    7.0982
    445.5% 5 Year
    12 May 2015
    2.6687
    1350.9% 10 Year
    14 May 2005
    1.3713
    2723.6% 20 Year
    USD/TRY historic rates & change to 09-May-2025
     

    What are equivalent amounts of USD and TRY?

    Here are some popular conversion amounts for USD to TRY (US dollar to Turkish lira)*.

    USD TRY
    $ 1 38.77
    $ 5 193.85
    $ 10 387.70
    $ 20 775.40
    $ 50 1,939
    $ 100 3,877
    $ 250 9,693
    $ 500 19,385
    $ 1,000 38,770
    $ 2,000 77,540
    $ 5,000 193,850
    $ 10,000 387,700
    $ 20,000 775,400
    $ 50,000 1,938,500
    $ 100,000 3,877,000
    USD TRY
    $ 0.0258 ₺ 1
    $ 0.1290 ₺ 5
    $ 0.2580 ₺ 10
    $ 0.5159 ₺ 20
    $ 1.2898 ₺ 50
    $ 2.5796 ₺ 100
    $ 6.4490 ₺ 250
    $ 12.90 ₺ 500
    $ 25.80 ₺ 1,000
    $ 51.59 ₺ 2,000
    $ 128.98 ₺ 5,000
    $ 257.96 ₺ 10,000
    $ 515.92 ₺ 20,000
    $ 1,290 ₺ 50,000
    $ 2,580 ₺ 100,000

    More amounts

    *Converted at the current USDTRY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for USD to TRY

     

    The USD to TRY exchange rate is currently at a 90-day high near 38.77, which is approximately 3.6% above its three-month average of 37.42. Analysts note that the pair has experienced significant volatility, trading within an 8.1% range from 35.88 to 38.77 recently. The recent movements suggest heightened market reactions to geopolitical tensions and domestic developments in Turkey.

    Read our full review of recent USD to TRY forecasts.

     
    USD note

    How to get a good USD to TRY exchange rate

    There are several ways to save on exchange rates when converting US dollar to Turkish lira:

    1. Shop around for the best USD/TRY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the USD/TRY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and TRY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    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.

    Read our Currency guide to Turkey — a practical currency and money guide to travel in Turkey plus living and doing business with the Turkish lira.

    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.

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    Will the US dollar rise against the Turkish lira?

    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.

     
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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

     
     

    Currency Country Guides

    United StatesUnited States (USD)TurkeyTurkey (TRY)
     

    Living and conducting business in Turkey offer unique opportunities and challenges, particularly concerning currency matters.

    Expatriate Life in Turkey:

    • Cost of Living: Turkey generally offers a lower cost of living compared to Western countries. Expenses such as housing, food, and utilities are relatively affordable, making it an attractive destination for expatriates.
    • Currency Fluctuations: The Turkish lira has experienced significant volatility in recent years, leading to high inflation rates. For expatriates earning income in foreign currencies like USD, EUR, or GBP, this can enhance purchasing power. However, those earning in lira may find their income's value eroded by inflation.
    • Financial Planning: Due to currency instability, it's crucial for expatriates to engage in thorough financial planning. This includes budgeting for potential price increases and considering savings or investments in more stable currencies to mitigate financial risks.

    Conducting Business in Turkey:

    • Currency Risks: Businesses face challenges due to the lira's depreciation and high inflation, which can lead to increased production costs and reduced competitiveness, especially for exporters. Negotiating contracts in stable foreign currencies and implementing hedging strategies can help manage these risks.
    • Economic Policies: Recent shifts towards conventional economic policies, such as significant interest rate hikes, aim to stabilize the currency and control inflation. While these measures have attracted foreign investment, they also result in higher borrowing costs, impacting business operations.
    • Market Challenges: The economic environment includes complex bureaucracy, regional disparities, and legal complexities. Engaging local legal expertise and staying informed about regulatory changes are essential for successful business operations.

    Recommendations:

    • Income Considerations: Expatriates should assess whether to earn in foreign currencies to leverage favorable exchange rates, enhancing their purchasing power in Turkey.
    • Financial Strategies: Utilizing financial instruments like forward contracts can help businesses hedge against currency fluctuations, providing more predictable financial outcomes.
    • Professional Advice: Consulting with financial advisors and legal experts familiar with Turkey's economic landscape is advisable to navigate the complexities of living and doing business in the country.

    In summary, while Turkey presents appealing opportunities for expatriates and businesses, it's imperative to proactively manage currency-related challenges to ensure financial stability and operational success.

    What prime property does $US 1million buy in Istanbul?

    The area (㎡) of prime property that $US 1million 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

       
     
     
     

    Related exchange rates


    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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