The Turkish lira strengthened to 16.7 per USD, the highest in nearly three weeks after the Turkish banking regulator announced that banks would be banned from extending new local-currency loans if foreign exchange on their books is worth more than TRY 15 million and exceeds 10% of their total assets or annual revenues. The Lira remains the worst performer in emerging markets this year, as the country’s interest rates are the world’s most negative once inflation is taken into account. The Turkish Central Bank left its benchmark lending rate steady at 14% despite President Tayyip Erdogan’s pledge to continue slashing borrowing costs, while annual inflation hit a 20-year high of 73.5% in May. Harsh stabilization measures by the central bank and efforts to balance reserve levels have done little to offset negative borrowing costs.

Historically, the Turkish Lira reached an all time high of 18.46 in June of 2022. Turkish Lira - data, forecasts, historical chart - was last updated on June of 2022.

The Turkish Lira is expected to trade at 17.82 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 20.94 in 12 months time.

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Turkish Lira


Majors Price Day Year
EURUSD 1.0577 -0.0002 -0.02% -11.10%
GBPUSD 1.2272 0.0005 0.04% -11.33%
AUDUSD 0.6930 0.0010 0.14% -7.74%
NZDUSD 0.6295 -0.0005 -0.07% -9.92%
USDJPY 135.3190 -0.0740 -0.05% 22.41%
USDCNY 6.6950 0.0036 0.05% 3.55%
USDCHF 0.9560 0.0002 0.02% 3.79%
USDCAD 1.2857 -0.0021 -0.16% 3.68%
USDMXN 19.8910 -0.0190 -0.10% 0.38%
USDINR 78.6300 0.2100 0.27% 5.84%
USDBRL 5.2382 0.0016 0.03% 5.70%
USDRUB 53.4000 0.3000 0.56% -26.55%
USDKRW 1,283.5000 -2.8100 -0.22% 13.42%
DXY 103.9585 0.0195 0.02% 12.94%
USDTRY 16.5750 0.0216 0.13% 89.86%
USDSEK 10.0910 0.0218 0.22% 18.38%
USDPLN 4.4281 0.0068 0.15% 16.65%
USDNOK 9.7907 -0.0038 -0.04% 14.37%
USDZAR 15.8322 -0.0241 -0.15% 10.35%
USDDKK 7.0350 0.0047 0.07% 12.56%
USDSGD 1.3855 -0.0002 -0.01% 3.01%
USDILS 3.4250 0.0091 0.27% 5.23%
USDHKD 7.8471 0.0002 0% 1.08%
USDPKR 206.4000 -0.3500 -0.17% 30.55%
USDCZK 23.3668 0.0178 0.08% 9.09%
USDHUF 379.9760 0.2460 0.06% 28.65%
USDCLP 920.1400 3.3700 0.37% 25.28%
Crosses Price Day Year
USDTRY 16.5747 0.0213 0.13% 89.86%
EURTRY 17.5346 0.0230 0.13% 68.82%
GBPTRY 20.3043 -0.4396 -2.12% 68.49%
AUDTRY 11.4611 -0.2707 -2.31% 73.00%
NZDTRY 10.4280 -0.2432 -2.28% 70.51%
TRYJPY 8.1843 0.1862 2.33% -35.74%
TRYCNY 0.4043 0.0089 2.25% -45.25%
TRYCHF 0.0577 0.0011 1.90% -45.48%
TRYCAD 0.0778 0.0015 1.93% -45.26%
TRYMXN 1.2035 0.0290 2.47% -47.27%
TRYINR 4.7379 0.1092 2.36% -44.14%
TRYBRL 0.3161 0.0060 1.93% -43.93%
TRYRUB 3.2086 0.1969 6.54% -61.06%
TRYKRW 77.7256 1.4638 1.92% -39.67%
TRYIDR 894.1750 15.8173 1.80% -45.75%
TRYARS 7.5316 0.1805 2.46% -30.93%
TRYCZK 1.4117 0.0258 1.86% -42.10%
TRYDKK 0.4249 0.0079 1.88% -40.30%
TRYHUF 22.9607 0.4696 2.09% -31.68%


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.
Actual Previous Highest Lowest Dates Unit Frequency
16.57 16.55 18.46 0.01 1992 - 2022 Daily