About the Turkin liira to Yhdysvaltain dollari exchange rate
The TRY/USD pair shows how many Yhdysvaltain dollari (USD) one Turkin liira (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 49,170 TRY. The inverse pair is USD/TRY.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Turkin liira and Yhdysvaltain dollari 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 Yhdysvaltain dollari buy one Turkin liira. A rise in TRY/USD means Turkin liira strengthened against Yhdysvaltain dollari; a fall means Turkin liira weakened.
What drives the Turkin liira to Yhdysvaltain dollari rate
The TRY/USD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Turkin liira and Yhdysvaltain dollari economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.