Calis Beach and Fethiye Turkey Discussion Forum

Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: corbindallas on January 09, 2009, 12:23:55 PM

Title: Exchange rates
Post by: corbindallas on January 09, 2009, 12:23:55 PM: Hello, can anyone let me know whether it is better exchanging GBP in England or Turkey. In the UK at the moment today's exchange rate between popular companies such as post office, M&S and a few internet FX companies is between 2.21 and 2.26. I was wondering if in Turkey I would get a better deal as the official interbank listed rate is currently 2.37 on the web? Will banks there for instance give a closer deal to the official rate?
Title: Exchange rates
Post by: kevin b on January 09, 2009, 13:32:37 PM: You will get a better deal in a bank in Turkey.
Title: Exchange rates
Post by: wallace on January 09, 2009, 18:13:54 PM: I got 2.35 with the TEB bank this afternnon
Title: Exchange rates
Post by: karaokemark on January 20, 2009, 09:01:05 AM: Anyone who is changing money be aware the rate has dropped fast today the rate from coinmill showing at the bottom of this page shows 2.47 the actual average live rate is 232.38 I use this site which is updated every minute and is always within 0.5 of a lira of what my bank offers. http://www.xe.com/ucc/convert.cgi
Mark
Title: Exchange rates
Post by: brianthegardener on January 20, 2009, 16:23:36 PM: I will have some of that Mark..232.38 tl to the £:D
Title: Exchange rates
Post by: karaokemark on January 20, 2009, 17:11:30 PM: it will cost you £100 im afraid
Title: Exchange rates
Post by: daveG on January 20, 2009, 17:31:47 PM: Thought those rates were too good to be true.:-\
Title: Exchange rates
Post by: tribalelder on January 21, 2009, 08:25:01 AM: If you look on coinmill.com which supplies the info to this site you will see it quotes 2.49 which it claims was supplied by Yahoo Finance today......look on Yahoo Finance and it quotes 2.28 Looks like coinmill is talking ***locks:(
Title: Exchange rates
Post by: JohnF on January 21, 2009, 14:21:50 PM: I queried this with Coinmill and this is their response:

quote:
I use the IMF rates for GBP. Generally the IMF is my most reliable data
source.

It appears that they just updated the rates for GBP this morning to be
current as of the 19th (but they are still two days behind). With that
update, coinmill is now showing 1 GBP = 2.40, closer to what yahoo is
showing. I have noticed that the IMF does not update on weekends.
Maybe they are taking a long weekend for the US holiday on Monday and
the inauguration on Tuesday?

If the IMF continues to be unreliable, I will replace them with another
source.

If the accuracy doesnt improve over the next few days I'll ask him to change the data feed.

JF
Title: Exchange rates
Post by: brianthegardener on January 21, 2009, 18:22:57 PM: the currant rate is 2.29tl to the pound as at 2020 today wednesday 21st jan...was 2.40 on tuesday 20th jan :)
Title: Exchange rates
Post by: brianthegardener on January 21, 2009, 18:29:02 PM: quote:
Originally posted by karaokemark

it will cost you £100 im afraid

Mark, are you sure its 238.38 tl to the pound...if so can you get me £1000 pounds worth please...at the correct rate i might even consider your offer of paying you £100 to complete the action, asd suggested by you:D
Title: Exchange rates
Post by: karaokemark on January 21, 2009, 20:04:08 PM: I meant the 238.38 will cost £100 whats a decimal point between freinds