After that collapse, the dollar exchange rate began to gradually decline and pegged at the end of year 1998 at an average price of 1, Twenty years later, in July 2019, the Lira gradually began to rise and reached 2,000. Then it kept increasing to 2,200 and 2,500 to 3,000 and then to 3,800, in April 2020. Nowadays, it's exceeding 10,000.