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.
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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 | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| 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
Is now a good time to convert USD to TRY?
Timing a currency conversion depends on your personal circumstances, not market conditions alone. Check the rate panel above to see the current USD/TRY rate, then compare it against your own exchange needs, time horizon, and cash flow.
Consider whether you need Turkish Lira for an upcoming trip, expense, or investment, and whether holding dollars or lira makes sense for your situation. The TCMB and Federal Reserve's policy divergence creates frequent rate swings, so decide based on your own timeline rather than trying to catch a perfect moment.
What moves the USD/TRY exchange rate?
USD/TRY responds to interest rate decisions by the Federal Reserve and the Central Bank of Turkey (TCMB), inflation differentials between the two economies, and Turkey's current account and capital flows. Political developments in Turkey, central bank credibility, and dollar demand across emerging markets also shift this volatile pair.
The chart above shows how these forces play out in real time - you'll notice sharp moves often follow TCMB policy announcements or shifts in US Treasury yields, which affect carry trade positioning in Turkish assets.
Will US Dollar get stronger or weaker against Turkish Lira?
We don't make forecasts on currency direction. Instead, examine the factors to watch: the Federal Reserve's interest rate path, Turkish inflation and TCMB tightening, Turkey's foreign reserve position, and capital flows in and out of Turkish assets.
Historical data shows USD/TRY has experienced extended trend moves in both directions, so understanding these drivers helps you form your own view. Check financial news sources and central bank communications for the latest signals on these key variables.
How can I avoid fees when converting USD to TRY?
Compare the all-in cost across providers - banks, online money transfer services, and currency specialists quote different spreads and fees for USD/TRY conversions. Large transfers often qualify for tighter spreads than small ones, and some services waive fees for high-volume transactions.
Request quote sheets from multiple providers showing their markup above the mid-market rate, and read the fine print on hidden charges. The rate panel shows the real-time mid-market rate you should expect from a transparent provider, making it easier to spot which service offers genuine value.
Should I exchange Turkish Lira at home or abroad?
Exchanging before travel usually offers better value than airport or street-level exchange in Turkey. Your home bank or a licensed currency exchange in your country will show you their markup on the mid-market rate upfront - compare this against what Turkish banks or exchange shops quote once you arrive.
If you plan to spend lira gradually, locking in your rate at home eliminates the risk of USD/TRY moving against you while you're traveling. For large amounts, ordering Turkish Lira in advance often costs less than converting cash on arrival.
How far does US Dollar go in Turkey?
Your dollar's purchasing power in Turkey depends on what you buy and where. Check the rate panel above to see how many lira you'll receive per dollar, then research current prices for your specific needs - accommodation, dining, transport, and shopping vary widely by city and establishment.
Istanbul and tourist areas charge more than smaller towns; international brands cost roughly similar to US prices, while local goods and services are often cheaper. A simple local meal might cost far less than a similar meal in a central tourist district, so your budget stretches differently depending on your choices.
What is the cheapest way to send USD to TRY?
Online money transfer services, banks offering international wire transfers, and fintech platforms each charge different fees and spreads on USD/TRY. Compare the total cost by requesting quotes showing the exact lira amount your dollars will deliver after all fees - don't just look at the headline commission percentage.
Some services excel at large transfers, others at small amounts; speed varies too, from same-day delivery to several business days. Check customer reviews on reliability, since the cheapest option means nothing if the funds arrive late or incorrectly.
Why is USD/TRY so volatile?
Turkish economic policy, inflation, and capital flows create outsized swings in this emerging market pair. The TCMB's credibility on inflation control, foreign exchange reserves, and political developments influence whether international investors buy or sell Turkish assets, driving large dollar inflows or outflows.
US monetary policy also matters - when the Federal Reserve raises rates sharply, carry trades unwind and dollar demand spikes globally, hitting emerging market currencies like the lira particularly hard. The pair's volatility makes it attractive to traders but risky for those who simply need to move money between the two countries.
How much is $100 US in Turkey?
Check the rate panel above to see the current USD/TRY exchange rate, then multiply your $100 by that rate to find today's lira equivalent. That figure changes constantly as markets move - what $100 converts to this morning may differ by the afternoon, especially when central banks announce policy or economic data surprises markets.
For planning purposes, look at the last month's rate history using the chart on this page to see the range you might encounter, but don't rely on past rates to predict what your money will buy tomorrow.
Is USD strong in Turkey?
The USD's strength depends on your comparison point and time frame. Look at the rate panel and comparison table on this page to see USD/TRY against other currency pairs - the dollar trades against nearly every currency, and its relative strength differs from pair to pair.
Historically, USD/TRY has shown long-term depreciation of the lira, meaning the dollar buys progressively more lira over years, but short-term reversals happen frequently. For context on dollar strength broadly, compare USD/TRY against USD/EUR, USD/GBP, and other major pairs to understand whether the dollar is strong across the board or just strong versus Turkish assets.
How much will a meal cost in Turkey?
Meal costs in Turkey depend heavily on location and type. A basic local lunch at a neighborhood restaurant might cost a fraction of what you'd pay at an international restaurant in Istanbul's Taksim district or a seaside resort town.
Check travel blogs and current restaurant reviews for your specific destination to see real meal prices, then use the USD/TRY rate shown in the panel above to convert those figures to dollars. Prices have changed, so don't rely on outdated travel guides - modern sources like traveler forums and recent reviews give you the most realistic picture.
Who benefits from a weakening dollar?
A weakening dollar against the lira benefits US exporters selling goods to Turkey, Turkish importers of US goods paying lower lira costs, and American investors holding Turkish assets that look worth more when converted back to dollars. Turkish companies that owe dollars see their debt burden rise in lira terms, while US tourists need fewer dollars to enjoy Turkey.
The specifics depend on whether you're a business person, investor, or traveler, and what financial obligations or assets you hold in each currency - the direction matters far less than your personal exposure to these two economies.
Can females wear shorts in Turkey?
This question falls outside the scope of currency exchange information. ExchangeRates.com focuses on USD/TRY conversion rates and foreign exchange market dynamics rather than travel advice or cultural norms.
For guidance on appropriate clothing in Turkey, consult travel resources or cultural guides specific to the regions you plan to visit, as dress codes can vary significantly between Istanbul's urban areas and more conservative rural communities.
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.