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USD/TRY

USD/TRY price

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0
0
0
22 September, 17:14 BST
1D
3D
1W
1M
3M
1Y
Interval30 min

Pricing is indicative. Past performance is not a reliable indicator of future results.

1 Hour
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Day
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7 Day
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30 Day
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CLIENT SENTIMENT
83% long

About USD/TRY

The USD/TRY is based on the value of the US dollar against the Turkish lira. As Turkey is an emerging economy, this currency pair is referred to as an exotic cross. Its price reflects how many lira (quote currency) are needed to buy one US dollar. Historically, the value of the Turkish lira has fallen so low that in 2005, a new version of TRY was issued. Rising US bond yields tend to have a positive correlation with the price of USD/TRY, and it can also be affected by political or economic issues within the eurozone, given that Turkey is planning to join the EU. Analyse our USD/TRY live chart and open an account to spread bet or trade CFDs on this exotic currency pair.

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Trading details

minimum spread
N/A
minimum size (new)
0.001
Shorting allowed
Yes
GSLO allowed
No

Holding costs

Daily - Sell
0.00
Daily - Buy
0.00
Yearly - Sell
0.00
Yearly - Buy
0.00

Margin rates

TIER
UNITS
RATES

Trading hours

Why trade USD/TRY with CMC Markets?

We've invested over £100m into our trading platform, creating pioneering technology that puts professional-grade grade software in your hands.

  • One-click trading
    Set your default position size and enter with a single 'click'.
  • 99.9% fill rate with 0.0029s execution*
    Wherever possible we fill your trade and always at the price you see.
  • 99.95%+ platform stability**
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  • Precise pricing
    We crunch 225m prices every day, from up to 14 feeds from tier one liquidity providers.
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