Currency.Wiki

1 Turkish Lira to US Dollar

Updated 3 minutes ago
Convert 1 TRY:USD
 TRY =
    USD
 Turkish Lira =  US Dollars
Trending: TL exchange rates for the last 24 hours
  • TRY/USD 0.030767 -0.00216720
  • TRY/EUR 0.028702 -0.00167184
  • TRY/JPY 4.799469 -0.05300298
  • TRY/GBP 0.024495 -0.00144955
  • TRY/CHF 0.028010 -0.00037469
  • TRY/MXN 0.523856 -0.04114215
  • TRY/INR 2.566972 -0.17020953
  • TRY/BRL 0.157274 -0.00581543
  • TRY/CNY 0.222734 -0.01123325

TRY/USD exchange rate analysis over the past 90 days

Turkish Lira to US Dollar exchange rate: Over the last 90 days, the Turkish Lira weakened by -7.04% against the US Dollar, declining from $0.0329 to $0.0308 per Turkish Lira. This trend reflects the evolving economic dynamics between the Turkey and the United States. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Turkey and United States.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Turkey and United States.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Turkey or United States.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Turkey relative to the United States.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

try/usd Historical Chart

TL
Turkish Lira Currency

Country: Turkey

Symbol: TL

ISO Code: TRY

Bank: Central Bank of the Republic of Turkey

Interesting fact about Turkish Lira

The Turkish Lira (TRY) is the official currency of Turkey. It was first introduced in 1923 during the establishment of the modern Turkish Republic. Over the years, the Lira has faced periods of high inflation and numerous currency reforms. Today, it is a significant symbol of Turkey's economy and has a crucial role in trade, commerce, and daily transactions within the country.

$
US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

Quick Conversion Guide

Frequently Asked Questions

+
The Turkish Lira to US Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 TRY to USD is $0.03.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Turkish Lira to US Dollar exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.