USD/TRY

18.83643
0.15%
Daily
  • L. 18.78741
  • H. 18.98251
  • Ch. 0.02901
  • Ch.% 0.15%
Overview
Costs & Margins
  • USD/TRY is an exotic forex pair representing how many Turkish liras equal one US dollar. The pair is influenced by a variety of factors, including the strength of the US dollar, the political and economic situation in Turkey, and global market conditions.

    Turkey’s economy is characterized as an emerging market and has long struggled with inflation and economic growth. The country’s economy relies heavily on foreign aid due to political instability. As a result, Turkey also has held an ever-increasing amount of foreign debt since an attempted coup in 2006. This political instability has caused the lira to depreciate. In 2005 the Turkish lira was revaluated after the old lira reached an exchange rate of 1.5 million to 1 USD.

  • Margin From
    12.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1000
  • Long
    -9.21
  • Short
    3.62
  • Min Stop Distance
    0.0015 points
  • Spreads
  • Spreads From
    0.00699 Points
  • Margins
  • 0 - 100 000
    12.0 %
  • 100 000 - 1000 000
    20.0 %
  • 1000 000 - 2500 000
    30.0 %
  • 2500 000 +
    40.0 %
  • Dealing
  • Spreads
    0.00699 Points
  • Margins
  • 0 - 100 000
    12.0 %
  • 100 000 - 1000 000
    20.0 %
  • 1000 000 - 2500 000
    30.0 %
  • 2500 000 +
    40.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
18.81025
Bid
18.78893
Offer
18.80696
Distance
0
Last Updated: 1/25/2023 10:00:00 PM

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