About the US Dollar to Turkish Lira exchange rate
The USD/TRY pair shows how many Turkish Lira (TRY) one US Dollar (USD) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
USD/TRY is quoted as TRY per one USD. At 49.078, 1 USD equals 49.078 TRY and 1 TRY equals 0.0204 USD. The inverse pair is TRY/USD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the US Dollar and Turkish Lira areas. Treasury teams, investors and travelers use USD/TRY to convert prices, hedge FX risk and compare returns.
How USD/TRY is quoted
In USD/TRY, USD is the base currency and TRY is the quote currency: the price is how many Turkish Lira buy one US Dollar. A rise in USD/TRY means US Dollar strengthened against Turkish Lira; a fall means US Dollar weakened.
What drives the US Dollar to Turkish Lira rate
The USD/TRY rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the US Dollar and Turkish Lira economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.