Is it a good time to buy Turkish lira?

The best time you can buy Turkish Lira is when it is convenient and you are happy with the service and rate. We recommend not leaving it too late to buy your Turkish Lira if you are travelling. Over the last 7 days the GBP to TRY market rate has averaged 55.3786 with a high of 55.6295 and a low of 54.6000.

Is the Turkish lira expected to rise?

The Turkish Lira is expected to trade at 41.22 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 41.60 in 12 months time.

Should I buy lira in the UK or Turkey?

The exchange rate is normally better in Turkey so as others have suggested the best thing to do is take a small amount of lira with you and then either exchange sterling for lira when you get there or withdraw lira from the ATMs.

What is the best rate for Turkish lira today?

The best Turkish lira exchange rate right now is 51.987 from Travel FX.

Is it a good time to buy Turkish lira in pounds?

There is no best time to buy Turkish Lira. Currency markets are incredibly complex and therefore unpredictable. GBP / TRY rates change constantly. The best time you can buy Turkish Lira is when it is convenient and you are happy with the service and rate.

Is it a Good Time to Buy a Home in Turkey? | Depreciation of Turkish Lira l STRAIGHT TALK EP. 22

Is it better to take cash or card to Turkey?

It's usually best to have both cash and a card when travelling in Turkey. You'll need cash for small shops and markets, taxis and buses, while it's often easier to pay in hotels and restaurants with a card.

Is the pound getting stronger against the Turkish Lira?

GBP to TRY chart

The British pound to Turkish lira rate has increased +1.98% over the past 30 days, from 48.5317 on 29 July 2025 to 49.5004 today.

Can you use English money in Turkey?

In Turkey, you can pay with the Turkish Lira (TRY). One Turkish Lira cent is called “kurus”. Euros and Sterling are also accepted in many places. But pay attention to what you pay exactly.

Have prices gone up in Turkey?

Turkey Inflation Eases More Than Expected

This marked the thirteenth consecutive month of easing consumer inflation and the lowest level since November 2021, as price growth continued to moderate for food and non-alcoholic beverages (30.20% vs 32.87% in May) and housing and utilities (65.54% vs 67.43%).

Is the dollar strong in Turkey?

The exchange rate for US dollar to Turkish liras is currently 41.1413 today, reflecting a 0.000% change since yesterday. Over the past week, the value of US dollar has remained relatively stable, with a 0.502% increase compared to its value 7 days ago.

Is it better to buy lira in the UK or Turkey?

As long as you avoid the airport, and other high-fee exchange services like hotel front desks, you'll get a better deal if you buy your lira in Turkey. If you're nervous about turning up with no cash in your pocket, exchange a small amount at home and seek out the best deals after you arrive.

Will the Turkish lira go up or down in 2025?

More Institutional Predictions Details:

In one month the Pound-to-Lira exchange rate is expected to fall to 54.25, 0.63% lower than today's GBP/TRY price of 54.5952. In four months the exchange rate is forecast to trade at 56.86 (Q4 2025). In ten months the expected rate is at 62.53 (Q2 2026).

What is the highest the Turkish lira has been to the pound?

The highest Turkish lira to British pounds sterling rate was on March 1, 2025 when 1 Turkish lira was worth 0.0218 British pound sterling.

Do you have to pay tourist tax in Turkey from the UK?

From 1 January 2023, Turkey introduced a 2% tourist tax. This will already be included in the price of your accommodation if you booked your holiday this year. But if you booked before the new tax came in, check with your tour operator whether you will have to make any additional payment on check-in.

How much is a meal in Turkey in pounds?

An average restaurant in Turkey is about five times cheaper than in the UK. A meal includes appetizers, bread and sauces and only costs around £3.50 for the main course and a salad. The equivalent in London would cost around £15.

Will I get charged for using my debit card in Turkey?

Both debit card and credit card payments are accepted all over Turkey, but you may need to pay some extra fees. When paying by card outside the UK, you should usually have the choice between converting to British pounds at the point of sale or paying in lira.

Do M&S do Turkish lira?

Order your Turkish Lira online with our currency Click & Collect service. Choose your collection date and pick up from your selected M&S store's bureau de change. *Subject to availability. Or visit a participating M&S store to buy Turkish Lira.

How much Lira do I need for 10 days in Turkey?

A guide to using Turkish Lira abroad

It's a good idea to budget for at least 150 Turkish Lira per day – that's about £20, and should cover the basics. Bargaining (haggling) is very common in Turkey, particularly in bazaars, and it can be a lot of fun!