US Dollar to Turkish Lira in 2023
Last updated: Source: CBRT
According to Yatırımcı.AI data, the average CBRT US dollar rate in 2023 was TRY 23.8385 (forex selling) and TRY 23.7957 (forex buying). The year opened at TRY 18.7366 on January 2, 2023; the last rate was TRY 29.4913 on December 29, 2023. The high was TRY 29.4913 on December 29, 2023 and the low TRY 18.7366 on January 2, 2023 (forex selling).
2023 at a glance
- Yearly average (selling)
- TRY 23.8385
- Yearly average (buying)
- TRY 23.7957
- First rate (January 2, 2023)
- TRY 18.7366
- Last rate (December 29, 2023)
- TRY 29.4913
- High (December 29, 2023)
- TRY 29.4913
- Low (January 2, 2023)
- TRY 18.7366
CBRT US dollar rate by month, 2023
| Month | Avg. selling | High | Low |
|---|---|---|---|
| January 2023 | TRY 18.7954 | TRY 18.8216January 31, 2023 | TRY 18.7366January 2, 2023 |
| February 2023 | TRY 18.8611 | TRY 18.8986February 28, 2023 | TRY 18.8235February 1, 2023 |
| March 2023 | TRY 19.0161 | TRY 19.1878March 31, 2023 | TRY 18.8927March 3, 2023 |
| April 2023 | TRY 19.3479 | TRY 19.4618April 28, 2023 | TRY 19.2133April 3, 2023 |
| May 2023 | TRY 19.7785 | TRY 20.7005May 31, 2023 | TRY 19.4767May 2, 2023 |
| June 2023 | TRY 23.2397 | TRY 25.8696June 26, 2023 | TRY 20.7903June 1, 2023 |
| July 2023 | TRY 26.5233 | TRY 26.9879July 28, 2023 | TRY 26.0503July 4, 2023 |
| August 2023 | TRY 26.9870 | TRY 27.2226August 23, 2023 | TRY 26.4536August 25, 2023 |
| September 2023 | TRY 27.0234 | TRY 27.4260September 29, 2023 | TRY 26.7264September 1, 2023 |
| October 2023 | TRY 27.8853 | TRY 28.2874October 31, 2023 | TRY 27.4537October 2, 2023 |
| November 2023 | TRY 28.6637 | TRY 28.9289November 28, 2023 | TRY 28.3315November 1, 2023 |
| December 2023 | TRY 29.1043 | TRY 29.4913December 29, 2023 | TRY 28.9035December 4, 2023 |
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 2023?
Based on CBRT indicative rates, the average US dollar rate in 2023 was TRY 23.8385 (forex selling) and TRY 23.7957 (forex buying). It is the simple mean over 251 business days with an announced rate.
How high did the US dollar go against the lira in 2023?
In 2023 the CBRT forex selling rate peaked at TRY 29.4913 on December 29, 2023 and bottomed at TRY 18.7366 on January 2, 2023.
What was the US dollar rate on December 31, 2023?
The CBRT did not announce rates on December 31, 2023; the rate announced on the last business day, December 29, 2023, was TRY 29.4382 (forex buying) and TRY 29.4913 (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.