Compare our latest Turkish lira rates from top travel money providers and find the best deals for your holiday spending.
We're on a mission to improve the finances of the nation by helping you to spend wisely and save money
We're on a mission to improve the finances of the nation by helping you to spend wisely and save money
By Laura Rettie, Personal Finance Journalist.
When looking for travel money, you want to make sure you're getting the best deal. See the latest Turkish lira exchange rates and get the best deal for your next trip.
Turkish lira (TRY) is the official currency of Turkey and is also used in Northern Cyprus.
Turkish lira can be ordered online through a range of providers, and many will give you the option of delivery or collection.
It's common to find the best exchange rates for Turkish lira online, but rates and fees can vary from provider to provider. It's important to shop around and compare your options to ensure you're getting the best deal.
You will often get a better deal buying Turkish lira before you go on holiday. Alternatively, you could withdraw cash at ATMs once you arrive in Turkey, and most towns and cities, even in rural areas, should have ATMs available. Using your card abroad can be expensive depending on your card provider's foreign transaction fees
However, if you don’t like travelling with large amounts of cash, you could consider a prepaid travel card or travel credit card instead. Travel cards will often give you a locked-in, competitive exchange rate.
Knowing how much cash to take on holiday can be tricky. We've all come back from a trip with leftover foreign currency before. Many providers will now offer a buyback guarantee. This is where they promise to buy back any TRY you have left after your holiday for the same exchange rate you purchased it for.
When travelling into Turkey, there is no limit on how much of any currency you can carry, though remember you may have to declare it at your departure airport. However, when leaving turkey, you cannot carry more than 5,000 US dollars worth of any currency.
There are 100 Kurus in a Turkish lira. The coins in Turkey are in denominations of 1, 5, 10, 25 and 50 kurus, as well as 1 lira coins. Notes come in denominations of 5, 10, 20, 50, 100 and 200 lira.
The information provided does not constitute financial advice, it’s always important to do your own research to ensure a financial product is right for your circumstances. If you’re unsure you should contact an independent financial advisor.
You are able to buy travel money with a credit card, but exchanging currency is often treated like a cash withdrawal and so could end up being costly. It's usually better to buy currencies with a debit card.
You'll often find the best exchange rates when ordering currency online. Like with any online transaction, though, you do need to be careful. As long as you order from a reputable provider, buying currencies online is completely safe. It's a good idea to compare your options, read customer reviews and make sure you use a reliable service.
