About the Lia Thổ Nhĩ Kỳ to Đô la Mỹ exchange rate
The TRY/USD pair shows how many Đô la Mỹ (USD) one Lia Thổ Nhĩ Kỳ (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 0,0204, 1 TRY equals 0,0204 USD and 1 USD equals 49,137 TRY. The inverse pair is USD/TRY.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Lia Thổ Nhĩ Kỳ and Đô la Mỹ 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 Đô la Mỹ buy one Lia Thổ Nhĩ Kỳ. A rise in TRY/USD means Lia Thổ Nhĩ Kỳ strengthened against Đô la Mỹ; a fall means Lia Thổ Nhĩ Kỳ weakened.
What drives the Lia Thổ Nhĩ Kỳ to Đô la Mỹ rate
The TRY/USD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Lia Thổ Nhĩ Kỳ and Đô la Mỹ economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.