United States dollar turkish lira history for May 2023. The highest quote for this month is 20.816 (31/05/2023) and the lowest 20.496 (31/05/2023). The difference between high and low is 1.54.
USD TRY average rate for May 2023 is 19.9274, the change between 01/05/2023 and 31/05/2023 is -5.01 %.
| 15 May 2023 | 1 USD = 19.63 TRY |
| 17 May 2023 | 1 USD = 19.73 TRY |
| 21 May 2023 | 1 USD = 19.80 TRY |
| 24 May 2023 | 1 USD = 19.86 TRY |
| 31 May 2023 | 1 USD = 20.61 TRY |
04/11/2021: Resignation of Central Bank Governor and Lira Volatility
Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.
10/08/2018: Currency Crisis and Lira Depreciation
The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.
15/07/2016: Failed Coup Attempt and Lira Plunge
After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.
30/04/2008: Global Financial Crisis and Turkish Lira
The Turkish lira experiences a significant depreciation as a result of the global financial crisis.
01/01/2005: Introduction of New Turkish Lira (TRY)
Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.
29/10/1930: Adoption of the New Turkish Lira
The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.
29/10/1923: Founding of the Republic of Turkey
The Turkish lira is officially established as the currency of the newly founded Turkish Republic.