USD/TRY - US Dollar Turkish Lira

28.9224
-0.0069(-0.02%)
  • Prev. Close:
    28.9293
  • Bid/Ask:
    28.8962/28.9486
  • Day's Range:
    28.9192 - 28.9390
  • Type:Currency
  • Group:Exotic
  • Base:US Dollar
  • Second:Turkish Lira

USD/TRY Historical Data

Time Frame:
Daily
11/06/2023 - 12/05/2023
28.923828.922728.931028.91920.00%
28.922828.914128.946028.8250+0.03%
28.914228.927029.129228.8514+0.04%
28.901928.888428.962928.7403+0.05%
28.888528.947928.953028.7395-0.20%
28.947828.920628.960928.8163+0.09%
28.922528.913228.938528.8134+0.03%
28.913828.874628.923828.8013+0.17%
28.865628.835228.924828.7804+0.12%
28.832328.838228.920028.6120-0.02%
28.838028.800828.887328.7073+0.13%
28.800828.785028.830528.6500+0.06%
28.785028.710428.790728.6031+0.28%
28.705128.707028.874728.4905-0.01%
28.706928.684528.714628.5431+0.08%
28.684528.640328.772228.3707+0.13%
28.646228.611228.756328.4258+0.12%
28.610828.555928.658728.4772+0.18%
28.559528.531528.805028.4725+0.11%
28.529328.522428.540528.4218+0.02%
28.522728.500728.549528.4350+0.08%
28.500328.451828.642428.3680+0.17%
28.453028.419228.471128.2866+0.26%
Highest: 29.1292Lowest: 28.2866Difference: 0.8426Average: 28.7555Change %: 1.9172
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Currency Explorer

  • i am wait year end 30.50
    3
    • hi
      1
      • next target...30
        3
        • 7.77
          0
      • I expect the strengthening of the lira against the dollar, because the continued fall of the Turkish lira is a very increasing inflation in the long term, which is an obstacle to growth in any economy, and that incomes are not consistent with expenses.
        7
        • Thank you very much for your opinion
          0
        • I noticed the conditions in Turkey a few years ago with the city of Istanbul, from bread to various expenses, not just to look touristy. Ordinary people have different expenses, the sick economy of Iran and Russia had an impact on the economy of Turkey , and the economy of Turkey has a direct impact on Iran, most of the electronic equipment and even productions such as clothes in Turkey have increased several times, which has been a loss for the people. I understand the corruption in the economy.
          1
        • nothing against your text. but call going from under 10% to near 40% now is more then slight. when you get this 4 times higher salary next you would call it also slight, or when make next year 4 times more profit then this year?its not enoght for match inflation at the moment, but slight it would not call it. lets see if it will go to 37,5 or 40% tommorow.
          0
      • Buy
        1
        • 62
          2
          • Data acquired from this site... rounded up. Sept. - Oct. +2.68%... Oct. - Nov +3.36%... 2 month avg. +6.13%... 4 month avg. +8.74%... You can randomly pick any rate you want, 18.7, 21, 23... but this is definitely has not stabilizing or going lower toward any data driven predictable rate. Just from the averages data, this could be on track for +??.? EOY. As this IS a trading site, it is quite easy and irresponsible to state the obvious as financial knowledge or trading advise. Chart patterns, bearish, bullish, fundamentals ect; left the arena a long time ago for this pair. The only thing left for the wannabes is Hopium. That is to just make up a rate, post it and hopes it sticks the landing. When your are batting 0 for 3, 0 for 4 or 0 for 5 etc; it's time to just... well, try something else.
            5
            • I meant overvalued and a side note my comments are not investment recommendation they are just my thoughts...
              0
            • will take 1 year until effects of higher interest rates will work , so the gap reduce between inflation and interest rates. so 2024 will be interesting year, what could bring different moves in last quarter,
              0
            • tesca tesca… The TL exchange rate is what it " should " be (not 43TL) as you see here and is continually updated through the day. The ENAG Inflation Index is released after the TURKSTAT data around the 3rd of each month. Various indicators such as PPP, Long-term interest rates, CPI (inflation), GDP etc; are used to determine currency conversion in relation to some other country's currency. These indicators are measured against primarily the worlds' five top currency reserves with the US dollar being at No. 1 with bilateral exchange rates being the most quoted. All through the day, news, speculation, world and local events effect movements in the exchange rate and when market conditions are fluctuating or getting disorderly, the Central bank jumps in to offset the volatility of the exchange rate. You did some nice math to come up with that 43 figure, (18.72 x 130%) + 18.72, but it is not even close to realistic as the exchange rates are not based solely on the one criteria of inflation data. The avg. inflation rate for 2022 was +72.31% from 2021, yet the TL only rose by +40.3%. You see? You said the " value " should be 30 - 43. What did you mean by value?
              2
          • 99921821
            2
            • TCB 35%
              0
              • Don't worry folks. I heard right here that it is going to stabilize before it holds above 27.999 and then start gaining strength. If it does make it past 28, then it should stabilize somewhere between 28 and 38 before having the chance to gain strength again. I’m not one to state the obvious as financial savvy or intuition, but some things that need to happen 1st is for inflation to come way down, shore up some of the deficit trade imbalance, maybe raise interest rates some more, really really buddy up more with MBS and syndicate and not to forget, hope that a certain someone gets embarrassed out of office. Of course this is just rhetorical commentary, but who knows….
                8