Calis Beach and Fethiye Turkey Discussion Forum
Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: jamesuk on October 31, 2016, 20:06:52 PM
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I was just wondering if anyone can remember the highest the Lira got in the summer 2015 and the highest it has got this year.Also how do you think it will do in 2017.Did the general prices go up or down to reflect the changes in restaurants and shops.
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Hit 4.717 on Sept 15 2015
4.42 is the highest I can see for 2016, around the 5th Jan.
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This might help up to 2016 but as for 2017 if anyone on here (or anyone else) could predict that they would be a genius
http://www.xe.com/currencycharts/?from=GBP&to=TRY&view=2Y.
Out of interest why do you want to know regarding 2017.
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just wondering how much spending money we will likely need H when it comes to next year. Years ago when we last went to Turkey everything was so cheap we didn't really spend a lot. But things have changed a lot now. We are going to spend one week A/I in Olu Deniz and one week B&B in Calis. We also want to hire a car for a week.This year we went to Portugal half board for 2 weeks. Took £1000 with us in euros thinking we would have enough but because everything was so expensive we ended up spending £1200. :(
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I would suggest you get a card like a Halifax Clarity or a Nationwide (debit) Plus Account Card. We have both.
With the Nationwide you can draw Sterling at an ATM with no charges and then change it to Lira at an exchange office (or the currency of the country your are in) Then you can take your money out as and when you need it.
The Clarity Card is similiar but it is a credit card. No charges to purchase things as long as you pay up at the end of the month. They do make a charge at the end of the month if you draw money, but there is no charge to draw any currency from an ATM and you get, the best Bank Rate of the day.
This saves you worrying how much money to bring and of course, you are not bringing a large sum with you.
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Did the general prices go up or down to reflect the changes in restaurants and shops.
Turkish inflation has generally been running at between 7% and 9.5% for the last year.
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That's quite a lot inflation wise.Much more than I imagined Colwyn. I'm guessing that everything was more expensive than the previous year then
Jacqui.We do have a Nationwide flexi account.Not sure if that is the same as a Nationwide Plus Account Card tho. Will have to look into it. Thanks.
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It's all relative. When I first went to Turkey inflation was running at 100% annually. First year Efes cost 250,000 lira (= £1), second year it was 500,000 (= £1), third year it was 1,000,000 (= £1).
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But quadrupled in price for the locals
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This is what Turkeys Central Bank thinks about the inflation rate for the coming year.
http://www.hurriyetdailynews.com/turkeys-central-bank-raises-2017-inflation-forecast--.aspx?pageID=238&nID=105430&NewsCatID=344
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But quadrupled in price for the locals
Yes, getting inflation under control was one of the great achievements of the less-lauded leaders of the AKP government and enormously important for ordinary Turks before RTE caught Third-Term-Itis and succumbed to meglomania.
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But quadrupled in price for the locals
Why would that be ?
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Because the price quadrupled
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I know what it means Scunner :) But was asking why would it quadruple for the locals.What is the reason.
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It must be the weather, or maybe the UK clocks going back...
JF
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It's all relative. When I first went to Turkey inflation was running at 100% annually. First year Efes cost 250,000 lira (= £1), second year it was 500,000 (= £1), third year it was 1,000,000 (= £1).
That's tripled in my book. 3 times. So why would it have Quadrupled for the locals. Same question. Now what clocks?
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Tripled would be 750 lira?
It ended up 1000 lira for 1Efes - with which the locals could have bought 4 beers in the first year. ;) 8)
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Got it :)
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It's all relative. When I first went to Turkey inflation was running at 100% annually. First year Efes cost 250,000 lira (= £1), second year it was 500,000 (= £1), third year it was 1,000,000 (= £1).
That's tripled in my book. 3 times. So why would it have Quadrupled for the locals. Same question. Now what clocks?
I think you should apply for a job at the Turkish Central Bank.
:)
JF
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JamesUK, here is the qualifying test in the application form for the Turkish CB:
How does reducing interest rates control inflation and strengthen the lira? Please show all your workings. [Question set by R.T. Erdogan].
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That's tripled in my book. 3 times. So why would it have Quadrupled for the locals. Same question.
Same answer.
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(http://izquotes.com/quotes-pictures/quote-there-are-some-people-that-if-they-don-t-know-you-can-t-tell-them-louis-armstrong-7112.jpg)
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Astonishing. I did love the bit when he thought the person struggling with basic arithmetic was me and went a bit smug and forceful.
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jamesuk was in a hole and digging - there was only one, inevitable conclusion.
Been there but not involving mental arithmetic 'cos I'm good at that stuff - 'twas a long time ago, before I became a nice chap.
Schadenfreude, Scunner - (enjoyably) cruel to watch but probably necessary for jamesuk's future postings.
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Ah - on second reading, it appears that he didn't realise he was in a hole.
Everybody else did.....
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Acquired Dyscalculia...look it up when you have finished taking the p.
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I don't believe in all that vampire nonsense
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There are 3 kinds of people in this world.
Those who are good at Maths, and those that aren't.
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And those who can't do maths but don't let that stop them when on a public forum
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Looked it up......
...acquired as a result of brain injury or stroke.
Given that you were aware of your condition, it's somewhat surprising that you would adopt such a smug/arrogant attitude towards somebody questioning your maths.
You keep on digging......
No need to take the p... - you're doing a perfectly good job of that on your own.
Put the spade down, enjoy the forum join in on level terms.
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And those who can't do maths but don't let that stop them when on a public forum
or justifying excessive compo from airlines
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And those who can't do maths but don't let that stop them when on a public forum
I blame myself. I mean putting in a post on the price of Efes! Beginner's mistake. No good ever comes of doing that.
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Acquired Dyscalculia...look it up when you have finished taking the p.
Ahhh, when cornered (in that hole) without any means of escape, pull the disability card out.
That's tripled in my book. 3 times. So why would it have Quadrupled for the locals.
However, a sufferer of AD, who is fully aware of its symptoms and effects (and the limitations it places on day to day life), is extremely unlikely to have made the above post. I did notice that your grasp of simple arithmetic did not appear to be impaired in the monarch topic.
CBF is an inclusive forum, there is no discrimination based on race, gender, sexual orientation or disabilities. We do however make an exception in the case of KKOB.
You may have AD, you may not have AD - but when losing a debate to then pull out the "disability card", citing a previously unmentioned disability, in my eyes is pretty disingenuous and casts a level of doubt as to the veracity of what you claim.
Ben iki kuruş
JF
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So we got compensation in the region of £350 and I told you that as part of the Monarch airline. What did I get back from you lot.Well I don't have to tell you as you know . Now because I mention, because of your p taking that I have Acquired Dyscalculia because of what happened to me in the past I am suddenly a fraud and as you so nicely put I pull out the disability card.There is no winning with you.You even think you are doctors now and know all about it. I am not Dyslexic and can read and write so why should I not join in on a forum.Seems to me you are discriminating
against me. I can live with it though but I doubt that you will ever change.
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We do however make an exception in the case of KKOB.
Thanks for that JF. As you know I've always striven to be exceptional. It's good to know that my efforts have been recognised by someone who feels so highly venerated. ;)
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(https://s13.postimg.org/j1hpj10oz/what_we_have_here.png) (https://postimg.org/image/j1hpj10oz/)
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Thanks for that JF. As you know I've always striven to be exceptional.
I think that JohnF was merely pointing out that most members take exception to you.
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Thank you too Colwyn. I'll always regard you as special.