# Dollar Tops 50 Lira for the First Time: Lira Has Fallen 30-Fold Since 2002

> The US dollar traded above 50 Turkish lira for the first time on November 3, 2026, reaching about 49.98 lira in afternoon trading. Commentary compared this with the roughly 1.65 lira equivalent (new lira, after redenomination) of the dollar at the end of 2002, a near 30-fold rise.

- Date: 2026-11-03 · published 2026-11-03T18:11:32.892Z
- Category: macro · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/78125-dollar-tops-50-lira-for-the-first-time-lira-has-fallen-30-fold-since-2002
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

A weaker lira raises the cost of imported feed ingredients and energy priced in dollars for Turkish buyers, which can push up local feed costs and inflation expectations.

## Sources

- n24.com.tr: https://n24.com.tr/ekonomi/dolar-50-tlyi-gordu-2002den-beri-kur-30-kat-artti

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.