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Cost of moneyTurkey

Currency in Turkey

Did that currency hold its value against the dollar this year?

Turkey's currency is -15.29 % — #71 of 71 countries on the atlas (higher is better). Period 2026-10-23.

-15.29%

Checked 24 Oct 2026Period 2026-10-23

Source: Currency strength vs USD (own calculation from ECB reference-rate snapshots)

One unit buys 15.3 % fewer dollars than a year ago.

Currency in Turkey over time

-14.31 %-14.86 %-15.41 %-14.31 % · 25 July 2026-15.41 % · 16 October 202624 July 2026: -14.42 %25 July 2026: -14.31 %26 July 2026: -14.32 %27 July 2026: -14.34 %28 July 2026: -14.41 %29 July 2026: -14.37 %30 July 2026: -14.43 %31 July 2026: -14.54 %1 August 2026: -14.45 %2 August 2026: -14.47 %3 August 2026: -14.40 %4 August 2026: -14.45 %5 August 2026: -14.50 %6 August 2026: -14.57 %7 August 2026: -14.70 %8 August 2026: -14.72 %9 August 2026: -14.73 %10 August 2026: -14.71 %11 August 2026: -14.70 %12 August 2026: -14.66 %13 August 2026: -14.73 %14 August 2026: -14.69 %15 August 2026: -14.58 %16 August 2026: -14.60 %17 August 2026: -14.59 %18 August 2026: -14.67 %19 August 2026: -14.74 %20 August 2026: -14.76 %21 August 2026: -14.79 %22 August 2026: -14.91 %23 August 2026: -14.95 %24 August 2026: -14.97 %25 August 2026: -14.74 %26 August 2026: -14.72 %27 August 2026: -14.78 %29 August 2026: -14.71 %30 August 2026: -14.75 %1 September 2026: -14.83 %2 September 2026: -14.77 %3 September 2026: -14.83 %4 September 2026: -14.92 %5 September 2026: -14.93 %6 September 2026: -14.95 %7 September 2026: -15.01 %8 September 2026: -14.84 %10 September 2026: -14.90 %11 September 2026: -14.96 %12 September 2026: -14.88 %13 September 2026: -14.87 %14 September 2026: -14.90 %15 September 2026: -15.15 %17 September 2026: -15.18 %18 September 2026: -15.25 %19 September 2026: -15.14 %20 September 2026: -15.18 %21 September 2026: -15.16 %22 September 2026: -15.23 %23 September 2026: -15.19 %24 September 2026: -15.17 %25 September 2026: -15.18 %26 September 2026: -15.02 %27 September 2026: -15.01 %28 September 2026: -15.07 %29 September 2026: -15.14 %30 September 2026: -15.17 %1 October 2026: -15.20 %2 October 2026: -15.29 %3 October 2026: -15.16 %4 October 2026: -15.17 %5 October 2026: -15.21 %6 October 2026: -15.20 %7 October 2026: -15.22 %8 October 2026: -15.25 %9 October 2026: -15.33 %10 October 2026: -15.23 %11 October 2026: -15.22 %13 October 2026: -15.30 %14 October 2026: -15.29 %15 October 2026: -15.39 %16 October 2026: -15.41 %17 October 2026: -15.29 %18 October 2026: -15.30 %19 October 2026: -15.33 %20 October 2026: -15.38 %21 October 2026: -15.39 %22 October 2026: -15.38 %23 October 2026: -15.29 %24 July 20267 September 202623 October 2026-15.29 %
87 official observations, 24 July 2026 → 23 October 2026. Every point is a published value — never interpolated.
Rank
#71 of 71
higher is better
Ranked behind
0 %
0 of 71 countries
Latest move
▲ 0.09 pp
since 22 October 2026
Below its peak
0.98 pp
peak -14.31 % in 25 July 2026
Full series
▼ 0.87 pp
since 24 July 2026

In Asia: #17 of 17vs median -2.73 %: −12.56 pp (worse)

Among 71 countries

5 of 71 countries between -8.06 % and -7.45 %1 of 71 countries between -5.02 % and -4.42 %26 of 71 countries between -3.81 % and -3.20 %4 of 71 countries between -3.20 % and -2.59 %1 of 71 countries between -1.99 % and -1.38 %2 of 71 countries between -1.38 % and -0.77 %1 of 71 countries between -0.77 % and -0.16 %21 of 71 countries between -0.16 % and 0.45 %2 of 71 countries between 1.66 % and 2.27 %1 of 71 countries between 2.27 % and 2.88 %1 of 71 countries between 3.48 % and 4.09 %1 of 71 countries between 4.09 % and 4.70 %1 of 71 countries between 4.70 % and 5.30 %4 of 71 countries between 5.91 % and 6.52 %median -2.73 %Turkey: ahead of 0 % of the 71 countries with a published currencyTurkey -15.29 % →-8.06 %6.52 %
Half of all 71 countries sit between -3.25 % and 0.00 %. Turkey is ahead of 0 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryCurrencyvs Turkey
67 India-7.46 %+7.83 pp
68 Philippines-7.72 %+7.57 pp
69 Romania-8.00 %+7.29 pp
70 Indonesia-8.06 %+7.23 pp
71 Turkey-15.29 %—

The currency’s US-dollar value now vs one year ago — positive means it strengthened. Our calculation from daily ECB reference rates.

How to read this figure

Our own calculation from daily ECB reference rates: the currency’s US-dollar value today versus one year ago. A strengthening currency makes imports and foreign travel cheaper; it is not a verdict on the economy.

Next, about Turkey

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