Türkiye Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Türkiye's exchange rate was 37.74 in 2025, ranked 81st globally. This represents a 15.0% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Türkiye's exchange rate stood at 37.74 in 2025, a rise of +4.93 from 2024. Based on recent trends, this figure is projected to reach 37.74 by 2025. Türkiye ranked 81st globally.
Turkey’s exchange rate stood at 37.74 in 2025, placing the country 81st globally among 66 years of coverage and marking an all‑time peak that coincides with the most recent observation; the series began at a trough of 0.00 in 1960. The upward trajectory from virtually zero to the current level reflects decades of macro‑economic adjustments, including periods of high inflation, structural reforms and external shocks that have gradually reshaped the currency’s valuation. Compared with peers of similar rank, Uruguay recorded 38.66, Nicaragua 37.44 and Thailand 36.93 in the same year, indicating that Turkey’s rate is modestly higher than Nicaragua and Thailand but slightly below Uruguay. The persistent appreciation suggests that continued monetary tightening, sustained foreign investment inflows, and stable fiscal policy could reinforce the trend, whereas a resurgence of inflationary pressures or external balance disruptions would likely reverse it.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 51.03 | - | - |
| 2026* trend | 44.38 | - | - |
| 2025* trend | 37.74 | - | - |
| 2025 | 37.74 | +4.93 | #81 |
| 2024 | 32.81 | +9.07 | #122 |
| 2023 | 23.74 | +7.19 | #121 |
| 2022 | 16.55 | +7.70 | #116 |
| 2021 | 8.85 | +1.84 | #105 |
| 2020 | 7.01 | +1.33 | #98 |
| 2019 | 5.67 | +0.85 | #91 |
| 2018 | 4.83 | +1.18 | #91 |
| 2017 | 3.65 | +0.63 | #85 |
| 2016 | 3.02 | +0.30 | #80 |
| 2015 | 2.72 | +0.53 | #80 |
| 2014 | 2.19 | +0.28 | #72 |
| 2013 | 1.90 | +0.11 | #70 |
| 2012 | 1.80 | +0.12 | #70 |
| 2011 | 1.67 | +0.17 | #66 |
Detected Pattern
Analysis
Türkiye matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Türkiye's exchange rate was 37.74 in 2025. Ranked 81st globally. This represents a 15.0% increase from the previous year.
Türkiye's exchange rate peaked at 37.74 in 2025.
The lowest exchange rate in Türkiye was 0.00 in 1960.
Türkiye ranks 81st globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Türkiye's exchange rate is projected to reach 37.74 by 2025 based on trend extrapolation.
The exchange rate of Türkiye in 2025 was 37.74. This ranks 81st in the world.
Cite this page
@misc{historysaid_turkiye_exchange-rate,
title = {Türkiye Exchange Rate},
url = {https://historysaid.com/turkiye/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}