Yatırımcı.AI

US Dollar to Turkish Lira in 2008

Last updated: Source: CBRT

According to Yatırımcı.AI data, the average CBRT US dollar rate in 2008 was TRY 1.2993 (forex selling) and TRY 1.2930 (forex buying). The year opened at TRY 1.1682 on January 2, 2008; the last rate was TRY 1.5291 on December 31, 2008. The high was TRY 1.7038 on November 20, 2008 and the low TRY 1.1504 on January 15, 2008 (forex selling).

2008 at a glance

Yearly average (selling)
TRY 1.2993
Yearly average (buying)
TRY 1.2930
First rate (January 2, 2008)
TRY 1.1682
Last rate (December 31, 2008)
TRY 1.5291
High (November 20, 2008)
TRY 1.7038
Low (January 15, 2008)
TRY 1.1504

CBRT US dollar rate by month, 2008

CBRT US dollar rate by month, 2008
MonthAvg. sellingHighLow
January 2008TRY 1.1765TRY 1.2277January 22, 2008TRY 1.1504January 15, 2008
February 2008TRY 1.1950TRY 1.2283February 11, 2008TRY 1.1647February 4, 2008
March 2008TRY 1.2439TRY 1.3127March 31, 2008TRY 1.2116March 4, 2008
April 2008TRY 1.3019TRY 1.3294April 17, 2008TRY 1.2770April 7, 2008
May 2008TRY 1.2493TRY 1.2778May 1, 2008TRY 1.2125May 30, 2008
June 2008TRY 1.2343TRY 1.2565June 12, 2008TRY 1.2153June 26, 2008
July 2008TRY 1.2131TRY 1.2513July 3, 2008TRY 1.1620July 31, 2008
August 2008TRY 1.1792TRY 1.1922August 21, 2008TRY 1.1515August 4, 2008
September 2008TRY 1.2383TRY 1.2801September 18, 2008TRY 1.1846September 1, 2008
October 2008TRY 1.4865TRY 1.7029October 23, 2008TRY 1.3075October 3, 2008
November 2008TRY 1.5956TRY 1.7038November 20, 2008TRY 1.5068November 5, 2008
December 2008TRY 1.5441TRY 1.6018December 2, 2008TRY 1.5043December 26, 2008

Source: Central Bank of the Republic of Türkiye (CBRT) indicative exchange rates. The CBRT sets and announces these rates at 15:30 every business day; the tables show the CBRT forex buying and selling rates, not free-market or bank rates. Averages are simple means over the business days with an announcement; highs and lows use the forex selling rate.

Frequently Asked Questions

Based on CBRT indicative rates, the average US dollar rate in 2008 was TRY 1.2993 (forex selling) and TRY 1.2930 (forex buying). It is the simple mean over 249 business days with an announced rate.

In 2008 the CBRT forex selling rate peaked at TRY 1.7038 on November 20, 2008 and bottomed at TRY 1.1504 on January 15, 2008.

The CBRT indicative rates announced on December 31, 2008 put 1 US dollar at TRY 1.5218 (forex buying) and TRY 1.5291 (forex selling).

The tables show the indicative forex buying and selling rates the CBRT announces at 15:30 on every business day. Rates at banks, exchange offices and in the free market can differ because of spreads and timing.