Calis Beach and Fethiye Turkey Discussion Forum
Turkey Related Subjects => Turkey Discussion Forum (Not Calis specifically) => Topic started by: Robw on February 25, 2013, 07:49:56 AM
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With the Pound set to drop after our AAA rating was reduced is it advisable to buy Lira now? I have anyway but just wondered what everyone else thought :-\
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The rate was down to 2.69 in the change offices in town on Saturday morning.
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..... or spend it slowly?
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Holding steady at the moment but its been dropping steadily over the last two months. I understand the markets have been expecting the downgrade which might mean less of a massive dip in the pound and shares.
Paid my timeshare bill at €1.24 to the £1 at the beginning of Jan. it's now worth only €1.14!
Good move me thinks :)
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A few years ago it was 2.20 so even at 2.69 it seems like a good deal. I know it was up to 2.90 last year and perhaps it will rise again in the Summer... Hope so as I am counting on a certain figure for my competition pay out.
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2.72 on XE Exchange at the moment. As Jacqui says. - still good compared to a year or so back.
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Actually it is lower now than a year or so ago. I'd say buy now, or better still, buy two weeks ago ;)
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Last July it dropped as low as 2.77. Today it's 2.72 on the money markets. The tourist rates would be a little lower though.
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2.72 on XE Exchange at the moment. As Jacqui says. - still good compared to a year or so back.
Yes stoop but how much have prices gone up :(
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I hope it s a lot less expensive than Bodrum last year.The trips were very expensive compaired to Fethiye so we didn t do many.
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Prices will no doubt go up with inflation, and to take account of rent hikes by greedy landlord/ladies, and the ever increasing cost of electric, alcohol prices, wages etc.
As a comparison to the rate at about 2.20 to 2.25 over a good couple or three years at least you guys are getting more lira for your £1.
Apparently the TL is strong at the moment which has accounted for the recent slump in the exchange rate.
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Nicola, I think it is more about a weak £ than a strong TL. The £ has been dropping against all the major currencies as well as the TL. On the other hand the € is now stronger against the TL than it was last summer. In August 2012 you could only get 2.2TL to the € whereas it is now nearly 2.4.
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Well that's the last time I repeat anything Doğan tells me ;)
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Well that's the last time I repeat anything Doğan tells me ;)
Typical. When in doubt blame the husband. Same in this household.
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When we moved here 6 years ago it was 2.5. Four years back it dropped to 2.11 at one stage so as long as it stays above 2.5 I consider it a bonus.
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Well that's the last time I repeat anything Doğan tells me ;)
Well, I suppose it beats the normal excuse of blaming it on a big boy who said it and then ran away.
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How about a bit of man solidarity here!!!
A weak pound creates a strong lira. So everyone is right ;)
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Scunner, if you carry on like this you'll be nominated as the next one to have a go at organizing the Palestine/Israel peace process.
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We think that for us half timers or less the £ v TL at 2.61/2 TL is just brilliant after an "A" drop. The £ v US $ however is a different matter when you see the downward movement of the £ against the US $ giving the increase in Fuel especially Heating Oil which we ordered today eg. 8p per ltr increase since Novembers order.
Stay "cool" the £ v TL is good. At least for us Brits.
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£ has actually gone up today against many currencies :)