Exchange rates and insights

The Turkish Lira (TRY, symbol: ₺) is the official currency of Turkey and is also used in the Turkish Republic of Northern Cyprus. It is issued and regulated by the Central Bank of the Republic of Turkey, which prints all Turkish lira banknotes and manages exchange rate policies.

Banknotes come in denominations of 5, 10, 20, 50, 100, and 200 TRY, while coins (kurus and lira) cover smaller values. The Central Bank’s policies directly affect the value of the Turkish Lira against other currencies through daily exchange rates.

The best place to purchase Turkish Lira is through a trusted online foreign exchange service like US First Exchange. Unlike airport kiosks that add high fees, we provide competitive exchange rates, insured delivery, and secure payments. Buying Turkish currency online ensures you get the best value and authentic banknotes every time.

As of the latest rate, $100 USD is worth around 4,130 TRY based on the mid-market rate. Exchange rates fluctuate daily, so the exact amount depends on the provider and timing. Sign up for our exchange rate alerts to lock in the most favorable Turkish Lira exchange rates.

It’s generally better to buy Turkish Lira before you travel. Local kiosks often offer poor rates and high fees for tourists. Ordering online from a licensed exchange platform lets you secure a better rate, authentic notes, and stress-free delivery.

Old Turkish Lira (TRL) banknotes withdrawn during redenomination are no longer legal tender, but you can still sell them as collectibles (e.g. on eBay) or to specialized currency buyers. For current Turkish banknotes, you can always buy or sell them online at US First Exchange, and we’ll deliver verified TRY notes safely to your doorstep within 24–48 hours.