The Turkish lira stood at 7.6 to the USD on Friday, up more than 1% from an all-time low the day before, following the central bank's unexpected decision to hike interest rates by 200 bps. The currency has lost over 20% against the greenback this year due to concerns about depleting foreign exchange reserves, inflationary pressures, a sizable current account deficit and tensions between Ankara and Athens over disputed offshore borders.

Historically, the Turkish Lira reached an all time high of 7.83 in August of 2020. Turkish Lira - data, forecasts, historical chart - was last updated on September of 2020.

The Turkish Lira is expected to trade at 7.75 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 8.02 in 12 months time.

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Turkish Lira

Majors Price Day Year
EURUSD 1.1632 -0.0042 -0.36% 6.30%
GBPUSD 1.2743 -0.0011 -0.09% 3.66%
AUDUSD 0.7027 -0.0030 -0.42% 3.93%
NZDUSD 0.6546 -0.0006 -0.09% 4.55%
USDJPY 105.5660 0.1280 0.12% -2.18%
USDCNY 6.8228 0.0085 0.13% -4.43%
USDCHF 0.9289 0.0023 0.24% -6.91%
USDCAD 1.3385 0.0038 0.29% 1.10%
USDMXN 22.3405 0.2221 1.00% 13.25%
USDINR 73.6700 -0.2300 -0.31% 4.29%
USDBRL 5.5624 0.0535 0.97% 33.87%
USDRUB 78.1379 1.0021 1.30% 20.56%
DXY 94.6420 0.2880 0.31% -4.47%
USDKRW 1,171.8480 4.3270 0.37% -2.19%
USDZAR 17.1186 0.2073 1.23% 13.12%
USDSGD 1.3776 0.0029 0.21% -0.31%
USDHKD 7.7501 -0.0001 -0.001% -1.13%
Crosses Price Day Year
EURTRY 8.9112 0.0132 0.15% 44.78%
USDTRY 7.6607 0.0391 0.51% 35.64%
AUDTRY 5.3828 0.0048 0.09% 41.22%
GBPTRY 9.7616 0.0412 0.42% 40.67%
NZDTRY 5.0147 0.0211 0.42% 41.81%
TRYCAD 0.1747 -0.0004 -0.22% -25.46%
TRYCHF 0.1213 -0.0003 -0.27% -31.37%
TRYJPY 13.7802 -0.0539 -0.39% -27.98%
TRYBRL 0.7261 0.0033 0.46% -1.30%
TRYCNY 0.8906 -0.0035 -0.39% -29.54%
TRYINR 9.6166 -0.0795 -0.82% -23.11%
TRYKRW 152.9688 -0.2170 -0.14% -27.89%
TRYMXN 2.9163 0.0142 0.49% -16.51%
TRYRUB 10.1998 0.0792 0.78% -11.12%
TRYARS 9.8799 -0.0616 -0.62% -3.11%
TRYCZK 3.0394 -0.0084 -0.27% -27.47%
TRYDKK 0.8354 -0.0012 -0.14% -31.12%
TRYHUF 40.7344 -0.0325 -0.08% -25.06%
TRYIDR 1,937.8125 -9.9413 -0.51% -22.87%



Turkish Lira
The USDTRY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the TRY. While the USDTRY spot exchange rate is quoted and exchanged in the same day, the USDTRY forward rate is quoted today but for delivery and payment on a specific future date.