USD/TRY and Exchange Rates Update – July 23, 2025

July 23, 2025 BTT

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As of 09:30 on July 23, 2025, the US dollar (USD) opened at 40.4486 Turkish lira (TRY) on the free market, with buying at 40.4390 TL and selling at 40.4511 TL, reflecting a 0.08% increase from the previous day.

The euro (EUR) stood at 47.4923 TL, with a slight daily drop of 0.08%, trading between 47.4721 TL (buying) and 47.5118 TL (selling). The British pound (GBP) was trading at 54.7665 TL.

Yesterday, the dollar reached a high of 40.4295 TL and a low of 40.3884 TL, closing at 40.4163 TL. The euro moved between 47.5773 TL and 47.2279 TL, ending the day at 47.5312 TL.

Monthly and Yearly Performance

USD: Up 0.61 TL (1.53%) since July 1 and 5.08 TL (14.37%) since the start of 2025. Over the past year, the dollar has risen 23.10%, from 32.8596 TL to 40.4486 TL.
EUR: Gained 0.42 TL (0.90%) this month and 11.01 TL (30.17%) year-to-date. Year-over-year, it’s up 33.08%, from 35.6870 TL to 47.4923 TL.
GBP: Down slightly this month by 0.09 TL (-0.17%) but up 10.71 TL (24.36%) since January. Compared to a year ago, the pound has risen 28.93%, from 42.4184 TL to 54.6908 TL

Is it wise to invest money in US dollar in the light of prevailing global economic conditions?

Investing in the US dollar (USD) can be a wise move depending on your goals, risk tolerance, and time horizon—but it’s important to weigh both the global economic backdrop and your local currency’s trajectory.