US Dollar to Turkish Lira in 2016
Last updated: Source: CBRT
According to Yatırımcı.AI data, the average CBRT US dollar rate in 2016 was TRY 3.0293 (forex selling) and TRY 3.0239 (forex buying). The year opened at TRY 2.9475 on January 4, 2016; the last rate was TRY 3.5255 on December 30, 2016. The high was TRY 3.5408 on December 5, 2016 and the low TRY 2.7978 on May 2, 2016 (forex selling).
2016 at a glance
- Yearly average (selling)
- TRY 3.0293
- Yearly average (buying)
- TRY 3.0239
- First rate (January 4, 2016)
- TRY 2.9475
- Last rate (December 30, 2016)
- TRY 3.5255
- High (December 5, 2016)
- TRY 3.5408
- Low (May 2, 2016)
- TRY 2.7978
CBRT US dollar rate by month, 2016
| Month | Avg. selling | High | Low |
|---|---|---|---|
| January 2016 | TRY 3.0145 | TRY 3.0551January 20, 2016 | TRY 2.9475January 4, 2016 |
| February 2016 | TRY 2.9460 | TRY 2.9725February 1, 2016 | TRY 2.9096February 4, 2016 |
| March 2016 | TRY 2.8910 | TRY 2.9504March 1, 2016 | TRY 2.8300March 31, 2016 |
| April 2016 | TRY 2.8387 | TRY 2.8642April 14, 2016 | TRY 2.8064April 29, 2016 |
| May 2016 | TRY 2.9390 | TRY 2.9880May 23, 2016 | TRY 2.7978May 2, 2016 |
| June 2016 | TRY 2.9192 | TRY 2.9543June 1, 2016 | TRY 2.8851June 23, 2016 |
| July 2016 | TRY 2.9747 | TRY 3.0783July 21, 2016 | TRY 2.8886July 15, 2016 |
| August 2016 | TRY 2.9656 | TRY 3.0267August 4, 2016 | TRY 2.9283August 18, 2016 |
| September 2016 | TRY 2.9680 | TRY 3.0058September 30, 2016 | TRY 2.9339September 7, 2016 |
| October 2016 | TRY 3.0770 | TRY 3.1080October 31, 2016 | TRY 3.0090October 3, 2016 |
| November 2016 | TRY 3.2877 | TRY 3.4465November 25, 2016 | TRY 3.1037November 1, 2016 |
| December 2016 | TRY 3.4999 | TRY 3.5408December 5, 2016 | TRY 3.3730December 8, 2016 |
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
What was the average US dollar rate in 2016?
Based on CBRT indicative rates, the average US dollar rate in 2016 was TRY 3.0293 (forex selling) and TRY 3.0239 (forex buying). It is the simple mean over 249 business days with an announced rate.
How high did the US dollar go against the lira in 2016?
In 2016 the CBRT forex selling rate peaked at TRY 3.5408 on December 5, 2016 and bottomed at TRY 2.7978 on May 2, 2016.
What was the US dollar rate on December 31, 2016?
The CBRT did not announce rates on December 31, 2016; the rate announced on the last business day, December 30, 2016, was TRY 3.5192 (forex buying) and TRY 3.5255 (forex selling) for 1 US dollar.
Which US dollar rate does this page show?
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.