Best USD to TRY Exchange Rates - Compare & Save

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 = TRY

▲+0.3%

90d-highs

USD to TRY is at 90-day highs near 38.58, 3.7% above its 3-month average of 37.21, having traded in a fairly volatile 8.1% range from 35.70 to 38.58

02-MAY 8PM-NY 03-MAY 1AM-LON 8AM-HK 10AM-SYD

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1 TRY = 0.025922 USD

Date	USD/TRY	Change	Period
18 Apr 2025	38.02	1.4% ▲	2 Week
01 Feb 2025	35.74	7.9% ▲	3 Month
02 May 2024	32.41	19% ▲	1 Year
03 May 2020	7.0207	449.2% ▲	5 Year
05 May 2015	2.7063	1324.8% ▲	10 Year
07 May 2005	1.3502	2755.9% ▲	20 Year

USD/TRY historic rates & change to 02-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	₺ 38.58
$ 5	₺ 192.90
$ 10	₺ 385.80
$ 20	₺ 771.60
$ 50	₺ 1,929
$ 100	₺ 3,858
$ 250	₺ 9,645
$ 500	₺ 19,290
$ 1,000	₺ 38,580
$ 2,000	₺ 77,160
$ 5,000	₺ 192,900
$ 10,000	₺ 385,800
$ 20,000	₺ 771,600
$ 50,000	₺ 1,929,000
$ 100,000	₺ 3,858,000

USD	TRY
$ 0.0259	₺ 1
$ 0.1296	₺ 5
$ 0.2592	₺ 10
$ 0.5184	₺ 20
$ 1.2961	₺ 50
$ 2.5922	₺ 100
$ 6.4805	₺ 250
$ 12.96	₺ 500
$ 25.92	₺ 1,000
$ 51.84	₺ 2,000
$ 129.61	₺ 5,000
$ 259.22	₺ 10,000
$ 518.44	₺ 20,000
$ 1,296	₺ 50,000
$ 2,592	₺ 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

03 MayThe USD to TRY exchange rate has recently reached 90-day highs near 38.58, reflecting a significant 3.7% increase above its three-month average of 37.21. Analysts note that this consists of quite a volatile movement, with the rate fluctuating within an 8.1% range, moving from 35.70 to 38.58. The recent strengthening of the US dollar is largely attributed to heightened optimism surrounding US-China trade negotiations, which has buoyed investor confidence.

Read our full review of recent USD to TRY forecasts.

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:

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.
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.
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.
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.
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 States (USD)

Turkey (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

BER articles that mention the Turkish lira (TRY):

Forecasts

GBP to TRY 2025 Forecasts

03 MayRecent forecasts for the GBP to TRY exchange rate indicate a complex interplay of geopolitical tensions and domestic issues affecting both currencies.

Further reading on the Turkish lira (TRY) - Guides, Reviews & News from our research team.

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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Best Multi-currency Accounts USD/TRY

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

USD to TRY Market Data

What are equivalent amounts of USD and TRY?

Forecasts for USD to TRY

How to get a good USD to TRY exchange rate

The key is reducing excessive costs and fees

Multi-Vendor Quote

Will the US dollar rise against the Turkish lira?

Currency Country Guides

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

Related exchange rates

BER articles that mention the Turkish lira (TRY):

GBP to TRY 2025 Forecasts