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Turkish lira hits all-time low, loses 99.99% of its value against US dollar
short by Ishita Ranganath / on Saturday, 18 July, 2026
Turkish lira hit a new all-time low for the 27th consecutive week, reaching 47.13 per US dollar, according to The Bull Theory. It has reportedly lost 99.99% of its value against the USD, witnessing one of the worst currency collapses in modern history. However, the exchange rate is expected to reach 51.4 by the end of 2026, Turkiye Today reported.
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