Yatırımcı.AI

US Dollar to Turkish Lira in 2020

Last updated: Source: CBRT

According to Yatırımcı.AI data, the average CBRT US dollar rate in 2020 was TRY 7.0234 (forex selling) and TRY 7.0108 (forex buying). The year opened at TRY 5.9585 on January 2, 2020; the last rate was TRY 7.4327 on December 31, 2020. The high was TRY 8.4765 on November 6, 2020 and the low TRY 5.8635 on January 13, 2020 (forex selling).

2020 at a glance

Yearly average (selling)
TRY 7.0234
Yearly average (buying)
TRY 7.0108
First rate (January 2, 2020)
TRY 5.9585
Last rate (December 31, 2020)
TRY 7.4327
High (November 6, 2020)
TRY 8.4765
Low (January 13, 2020)
TRY 5.8635

CBRT US dollar rate by month, 2020

CBRT US dollar rate by month, 2020
MonthAvg. sellingHighLow
January 2020TRY 5.9303TRY 5.9833January 31, 2020TRY 5.8635January 13, 2020
February 2020TRY 6.0681TRY 6.2371February 28, 2020TRY 5.9822February 4, 2020
March 2020TRY 6.3415TRY 6.5983March 23, 2020TRY 6.0882March 5, 2020
April 2020TRY 6.8504TRY 7.0006April 28, 2020TRY 6.6548April 1, 2020
May 2020TRY 6.9552TRY 7.2339May 7, 2020TRY 6.7729May 27, 2020
June 2020TRY 6.8224TRY 6.8575June 24, 2020TRY 6.7429June 3, 2020
July 2020TRY 6.8638TRY 6.9497July 29, 2020TRY 6.8471July 23, 2020
August 2020TRY 7.2847TRY 7.3812August 18, 2020TRY 6.9459August 4, 2020
September 2020TRY 7.5407TRY 7.8221September 29, 2020TRY 7.3553September 1, 2020
October 2020TRY 7.9035TRY 8.3232October 30, 2020TRY 7.7085October 1, 2020
November 2020TRY 7.9930TRY 8.4765November 6, 2020TRY 7.5922November 20, 2020
December 2020TRY 7.7189TRY 7.9492December 11, 2020TRY 7.3537December 30, 2020

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 2020 was TRY 7.0234 (forex selling) and TRY 7.0108 (forex buying). It is the simple mean over 250 business days with an announced rate.

In 2020 the CBRT forex selling rate peaked at TRY 8.4765 on November 6, 2020 and bottomed at TRY 5.8635 on January 13, 2020.

The CBRT indicative rates announced on December 31, 2020 put 1 US dollar at TRY 7.4194 (forex buying) and TRY 7.4327 (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.