About the tyrkisk lira to amerikansk dollar exchange rate
The TRY/USD pair shows how many amerikansk dollar (USD) one tyrkisk lira (TRY) 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.
TRY/USD is quoted as USD per one TRY. At 0,0203, 1 TRY equals 0,0203 USD and 1 USD equals 49,140 TRY. The inverse pair is USD/TRY.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the tyrkisk lira and amerikansk dollar areas. Treasury teams, investors and travelers use TRY/USD to convert prices, hedge FX risk and compare returns.
How TRY/USD is quoted
In TRY/USD, TRY is the base currency and USD is the quote currency: the price is how many amerikansk dollar buy one tyrkisk lira. A rise in TRY/USD means tyrkisk lira strengthened against amerikansk dollar; a fall means tyrkisk lira weakened.
What drives the tyrkisk lira to amerikansk dollar rate
The TRY/USD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the tyrkisk lira and amerikansk dollar economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.