Convert Turkish Lira to US Dollar
TRY to USD Exchange Rate Calculator
1 Turkish Lira (TRY) = 0.0218 US Dollar (USD) at the live mid-market rate. That means $100 TRY converts to roughly 2.18 USD, and $1,000 TRY converts to about 21.77 USD. The TRY/USD rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day TRY/USD context
Over the past 90 days, TRY/USD has traded between 0.0218 and 0.0227. The current rate of 0.0218 sits roughly 0% through that range — near the lower end, meaning US Dollar has been stronger than typical against Turkish Lira recently. Versus the rate 90 days ago, Turkish Lira has weakened by 4.27% against US Dollar.
TRY/USD Price History
Interactive TRY/USD exchange rate chart with 7-day, 30-day, and 90-day views.
About Turkish Lira (TRY)
The Turkish Lira (TRY) is the official currency used for trade and commerce. Its value against other currencies fluctuates based on market conditions.
About US Dollar (USD)
The United States Dollar (USD) is the world's primary reserve currency and the single most traded currency in global foreign exchange markets. Issued by the Federal Reserve System since 1913, it anchors the DXY (U.S. Dollar Index) and sits on one side of roughly 88% of all forex transactions.
- •Involved in ~88% of all daily forex turnover (BIS Triennial Survey)
- •Accounts for roughly 58% of allocated central bank reserves (IMF COFER)
- •Primary invoicing currency for global oil, metals, and most commodities
- •Dollar-denominated debt issued outside the US exceeds $13 trillion
- •The Federal Reserve sets the federal funds rate, which drives USD strength globally
Frequently Asked Questions
Why is TRY more volatile than most G10 currencies?
TRY is an emerging-market currency, which means it is more sensitive to global risk appetite, commodity cycles, and US Dollar strength. Daily ranges of 1–3% are common during risk-off episodes, compared to 0.5–1% for major G10 pairs.
What is a typical daily range for TRY/USD?
Daily ranges vary with volatility regimes. Majors like this pair typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move TRY/USD the most?
The biggest scheduled catalysts are central bank rate decisions and inflation prints and FOMC decisions, non-farm payrolls (first Friday monthly), and US CPI releases. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert TRY to USD at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market TRY/USD than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the TRY/USD rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market TRY/USD rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Country money guides, key terms, rate history, and articles related to TRY/USD.
Country guides
Glossary
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- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Safe-Haven CurrencyA safe-haven currency is one that investors buy during periods of global financial stress,…
Rate history
- USD/TRY historyUSD/TRY is the most dramatic major-currency story of the last decade — the Turkish Lira has lost over 90% of its USD value since 2018, driven by unorthodox monetary policy, political pressure on central-bank independence, and chronic current-account deficits
- USD/EUR historyEUR/USD is the world's most-traded currency pair, accounting for roughly 23% of global forex volume
Articles
- Dollar Dying: USD Hits Lowest Reserve Share Since 1995The dollar's reserve share fell to 56.32% — lowest since 1995. China slashed Treasuries by 47%, BRICS settle 99% in local currencies, gold soaring.
- Indian Rupee Nearing 100/Dollar: Currency Crisis ExplainedThe rupee hit 94.82/USD — an all-time low. Foreign investors pulled $12B, the RBI staged its biggest intervention since 2013, and oil is making it worse.
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Background on Turkish Lira, US Dollar, and the forces that move TRY/USD.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers