US Dollar to Turkish Lira (USD/TRY) Exchange Rate Today
High movementOne of the most volatile rates in the world. See how much the lira has moved this month.
Mid-market rate - no bank markup 200+ currencies Free
USD to TRY Conversion Table
Common amounts converted from US Dollar to Turkish Lira at today's rate.
| US Dollar (USD) | Turkish Lira (TRY) |
|---|---|
| 1 USD | — |
| 5 USD | — |
| 10 USD | — |
| 25 USD | — |
| 50 USD | — |
| 100 USD | — |
| 250 USD | — |
| 500 USD | — |
| 1,000 USD | — |
| 5,000 USD | — |
| 10,000 USD | — |
| 50,000 USD | — |
How much Turkish Lira will you actually receive?
Estimated cost to convert USD 1,000 to TRY with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | TRY received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| Wise Visit source Mar 2026 | — | — | — | — |
| Revolut Visit source Mar 2026 | — | — | — | — |
| Remitly Visit source Mar 2026 | — | — | — | — |
| OFX Visit source Mar 2026 | — | — | — | — |
| XE Visit source Mar 2026 | — | — | — | — |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Converting US Dollar to Turkish Lira? Expect volatility
USD/TRY is a volatile pair that can move significantly in a single week. If you are transferring a large amount, consider splitting the conversion across several days to average out short-term swings. Check the 30-day range above to see whether today's rate is relatively good or poor.
USD/TRY rate statistics
Is today's USD/TRY rate good or bad?
We compare today's live US Dollar to Turkish Lira mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, USD holders get more Turkish Lira per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The Turkish lira has been one of the most volatile major currencies in recent years, losing significant value due to high inflation and unconventional monetary policy. This means historical comparisons can be misleading - a rate that seems 'high' may still be worse than last month.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the USD/TRY exchange rate?
The USD/TRY rate tracks how many Turkish Lira one US Dollar buys. One of the most volatile major pairs. Turkey's high inflation and unconventional monetary policy have driven persistent lira depreciation in recent years.
USD is issued by the Federal Reserve (ranked 1st globally - meaning it's the 1st most bought and sold currency in the world). TRY is issued by the Central Bank of Turkey (TCMB) (ranked 18th). Full USD profile | Full TRY profile
US Dollar to Turkish Lira is frequently checked by travellers to Turkey and property investors in Istanbul and the Turkish coast.
What drives this rate? Central Bank of Turkey interest rate decisions, Turkish inflation data, and geopolitical developments. TRY has experienced significant depreciation in recent years due to unconventional monetary policy.
Is today's USD/TRY rate good or bad?
The US Dollar to Turkish Lira mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 3-6% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. Banks widen their markup on volatile pairs like USD/TRY to compensate for exchange rate risk. Specialist providers typically offer tighter spreads on this corridor.
Converting US Dollar to Turkish Lira? Read this first
Visiting Turkey? TRY has depreciated significantly in recent years, so your purchasing power may be higher than you expect. PTT (post offices) and bank branches tend to offer better rates than standalone bureaux.
Watch out: Trying to time USD/TRY is notoriously difficult - even professional traders get it wrong. If you need to convert, focus on minimising fees rather than predicting the market. Consider splitting large amounts across several days.
Did you know?
- The US $100 bill is the most counterfeited denomination globally - the Secret Service estimates about 0.01% of all hundreds in circulation are fake.
Frequently asked questions
What moves the USD/TRY exchange rate?
Central Bank of Turkey interest rate decisions, Turkish inflation data, and geopolitical developments. TRY has experienced significant depreciation in recent years due to unconventional monetary policy.
Is it better to use a card or withdraw cash for Turkish Lira?
For most travelers, a card with no foreign transaction fee is the simplest and cheapest option - provided you always choose to pay in Turkish Lira (the local currency) rather than US Dollar. Choosing your home currency triggers Dynamic Currency Conversion (DCC), which typically adds 3-5% on top. If you need cash, withdraw from ATMs in-country rather than exchanging at airports.
Why is USD/TRY so volatile?
Turkey has experienced high inflation and unconventional monetary policy in recent years, creating larger-than-typical rate swings. Central Bank of Turkey interest rate decisions, inflation data, and geopolitical developments are the primary drivers. TRY has depreciated significantly, which means small percentage moves translate to large absolute changes.
Is the Turkish lira still falling?
Check the rate narrative above for the current trend. The lira has depreciated significantly in recent years due to high inflation and unconventional monetary policy. Whether this continues depends on Central Bank of Turkey decisions and inflation data. For travelers, the weak lira means Turkey is significantly cheaper than it was a few years ago for foreign visitors.
Learn more
- TCMB - Exchange Rates - Official Central Bank of Turkey daily rates
- IMF - Turkey Economic Outlook - Why the lira has been so volatile
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.