1 USD to Lira Today
Exchange Rate Update
Are you looking for the latest exchange rate for 1 USD to Lira? You're in the right place! As of today, the exchange rate for 1 USD (United States Dollar) to Lira (Turkish Lira) is:
1 USD = 8.42 TRY
Please note that exchange rates can fluctuate rapidly and may change throughout the day. This rate is subject to market conditions and may not be available from all currency exchange providers.
Lira: The Official Currency of Turkey
The Turkish Lira (TRY) is the official currency of Turkey. It was introduced in 1923, replacing the Ottoman Lira. The Turkish Lira is issued by the Central Bank of the Republic of Turkey.
USD to Lira Exchange Rate History
Here's a brief look at the exchange rate history for 1 USD to Lira over the past year:
Date | 1 USD = |
---|---|
1 month ago | 8.35 TRY |
3 months ago | 8.10 TRY |
6 months ago | 7.80 TRY |
1 year ago | 7.40 TRY |
Why is the Exchange Rate Important?
The exchange rate is crucial for international trade, tourism, and investment. A favorable exchange rate can boost tourism and trade between countries, while an unfavorable rate can lead to economic instability.
Conclusion
In conclusion, the current exchange rate for 1 USD to Lira is 8.42 TRY. Keep an eye on exchange rate fluctuations to make informed decisions about your international transactions.