Convert US Dollar to Turkish Lira
USD to TRY Exchange Rate Calculator
1 US Dollar (USD) = 45.9270 Turkish Lira (TRY) at the live mid-market rate. That means $100 USD converts to roughly 4,592.70 TRY, and $1,000 USD converts to about 45,927.00 TRY. The USD/TRY 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 USD/TRY context
Over the past 90 days, USD/TRY has traded between 43.9940 and 45.9270. The current rate of 45.9270 sits roughly 100% through that range — near the upper end, meaning Turkish Lira has been weaker than typical against US Dollar recently. Versus the rate 90 days ago, US Dollar has strengthened by 4.39% against Turkish Lira.
USD/TRY Price History
Interactive USD/TRY exchange rate chart with 7-day, 30-day, and 90-day views.
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
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.
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 USD/TRY?
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 USD/TRY the most?
The biggest scheduled catalysts are FOMC decisions, non-farm payrolls (first Friday monthly), and US CPI releases and central bank rate decisions and inflation prints. 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 USD to TRY at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market USD/TRY 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 USD/TRY rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market USD/TRY 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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More on USD and TRY
Country money guides, key terms, rate history, and articles related to USD/TRY.
Country guides
Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- 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 US Dollar, Turkish Lira, and the forces that move USD/TRY.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers