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Dollar - Lira Chart

USD/TRY
Clock icon 54m
Last updated: Jul 3, 2024
Low
High
Average True Range
Total Intraday Range (% of ATR)
Note: Low and High figures are for the trading day.

In January of 2005, a new version of the Turkish Lira was issued after the previous Lira's value fell so dramatically that the conversion was $1 to 1.5 million TRY. As the economy relies on foreign cash looking to earn short term profits on higher interest rates, any global headwinds and the subsequent risk off environment can lead to massive depreciations of the Lira. Although the nation wishes to join the Euro-Zone, political conditions in Turkey and economic issues in the EU continue to delay the process.

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Economic Calendar

11:00:00
M
MBA Mortgage Applications (Jun/28)
A:
F:
P: R: 0.8%
11:00:00
M
Fed Williams Speech ()
A:
F:
P: R:
11:00:00
L
MBA Mortgage Market Index (Jun/28)
A:
F:
P: R: 212.0
11:00:00
L
MBA 30-Year Mortgage Rate (Jun/28)
A:
F:
P: R: 6.93%
11:00:00
L
MBA Mortgage Refinance Index (Jun/28)
A:
F:
P: R: 552.4
11:00:00
L
MBA Purchase Index (Jun/28)
A:
F:
P: R: 147.8
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