Calis Beach and Fethiye Turkey Discussion Forum

Calis Beach Forum => Calis Beach Questions and Information => Topic started by: booty81 on May 18, 2014, 09:11:10 AM

Title: Turkish Lira
Post by: booty81 on May 18, 2014, 09:11:10 AM
Hi All

I am traveling to Turkey in August. I have seen that there may be issues with the Turkish Lira and that it may be coming down again. I have seen it in my local Tesco for around 3.40 to the £. Would anyone recommend purchasing my Lira now or wait until I get to Turkey to change my money.

Many Thanks

John
Title: Re: Turkish Lira
Post by: Susiepink on May 18, 2014, 09:21:55 AM
No one can predict which way the lira is going to go, or what it's likely to be in August.
However, given that 3.40 is an excellent rate at the moment why not change half your money now, and gamble on leaving the other half till you get here in August. You will always get a better rate changing your money here in the bank, I got 3.52 the other day.
Title: Re: Turkish Lira
Post by: Phil on May 18, 2014, 10:21:55 AM
In general, l I find that 50% of people say it will go up, and the rest say it will go down. Usually, half of them are right.
Title: Re: Turkish Lira
Post by: booty81 on May 18, 2014, 11:01:29 AM
ha ha cheers Phil

Very helpful lol
Title: Re: Turkish Lira
Post by: Firo on May 18, 2014, 11:09:31 AM
Presidential elections in August so you might find that you'll get more then due to the usual volatility of the financial markets  because of that  :o :o
Title: Re: Turkish Lira
Post by: echogirl1 on May 18, 2014, 11:13:38 AM
3.40 to the pound is still a very good rate, I would definitely get some now, if it goes up later its a bonus and you can get some more, but has  already been said, in general, you get a better rate in Turkey.
Title: Re: Turkish Lira
Post by: turkeysue on May 18, 2014, 19:17:11 PM
we couldnt get ANY lira in tesco thomas cook and thomson today..wanted some for our grandson....told to keep checking until they can get some...  ??? ???
Title: Re: Turkish Lira
Post by: KKOB on May 18, 2014, 19:59:37 PM
we couldnt get ANY lira in tesco thomas cook and thomson today..wanted some for our grandson....

You'd have been better off offering them pound notes instead.  ;)