Calis Beach and Fethiye Turkey Discussion Forum

Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: kenkay on November 27, 2009, 10:27:34 AM

Title: Exchange Rate
Post by: kenkay on November 27, 2009, 10:27:34 AM
Been watching it over the past few days. This morning 2.59 :D Are there specific reasons and how long can it last [?]
Title: Exchange Rate
Post by: kevin b on November 27, 2009, 10:42:24 AM
I hope it goes up more in the next few weeks
Title: Exchange Rate
Post by: Ian on November 27, 2009, 11:31:31 AM
I have noticed it goes up as the US Dollar gets weaker - don't know why -  but the dollar has gone very weak - over the past few weeks!!!

Sadly not connected to UK being stronger!
Title: Exchange Rate
Post by: mercury on November 27, 2009, 15:29:51 PM
Yes Ian. It is connected to the strenght of the American Dollar.
Title: Exchange Rate
Post by: littlereddevil on November 27, 2009, 18:08:19 PM
That's good. I remember last christmas it was 2.16
Title: Exchange Rate
Post by: kenkay on November 27, 2009, 21:10:09 PM
quote:
Originally posted by mercury

Yes Ian. It is connected to the strenght of the American Dollar.


I knew that sterling is not particularly strong so wondered if it was due to a weak lira [?]
Title: Exchange Rate
Post by: kevin b on November 27, 2009, 22:51:02 PM
End of October last year the bank said to me they were sorry but the rate was only 2.75TL to GBP when I wanted to convert some cash.
Title: Exchange Rate
Post by: kenkay on November 28, 2009, 12:00:54 PM
Yes Kev but that seems to be like selling Lira. In that case the lower the better.