Author Topic: Lira getting Stronger - Why?  (Read 125540 times)

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Offline stoop

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Re: Lira getting Stronger - Why?
« Reply #950 on: March 13, 2018, 14:16:55 PM »
It won't help selling property though unless you find non Turkish buyers :(



Offline yabanci

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Re: Lira getting Stronger - Why?
« Reply #951 on: March 13, 2018, 16:13:57 PM »
Now at 5.40 on XE.

Offline davybill

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Re: Lira getting Stronger - Why?
« Reply #952 on: March 13, 2018, 16:50:28 PM »
It won't help selling property though unless you find non Turkish buyers :(
Well you could buy some property instead?

Offline Karennina

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Re: Lira getting Stronger - Why?
« Reply #953 on: March 13, 2018, 16:59:42 PM »
In all my years of going to Turkey I have never changed my tl into GBP's once back in uk, i have always kept it for the next trip, therefore Iv never paid much attention to what the exchange rate is this way round, I know its not good, does the buy back rate show on XE please?

Offline Colwyn

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Re: Lira getting Stronger - Why?
« Reply #954 on: March 13, 2018, 17:38:42 PM »
XE shows 1 TRY at 18.47p.

Offline Colwyn

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Re: Lira getting Stronger - Why?
« Reply #955 on: March 13, 2018, 18:05:19 PM »
P.S. This is not quite the same as a "buyback rate" if by that you mean a special agreement you made with the currency supplier to buy back any unspent lira at an agreed customer rate. But, since you don't usually change back to £s, I guess you don't have one of these.

Offline stoop

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Re: Lira getting Stronger - Why?
« Reply #956 on: March 13, 2018, 18:56:58 PM »
It won't help selling property though unless you find non Turkish buyers :(
Well you could buy some property instead?

Been there. Done that.  :)

Offline Karennina

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Re: Lira getting Stronger - Why?
« Reply #957 on: March 13, 2018, 22:01:54 PM »
Thank you Colwyn I have been on XE having a look at tl to gbp...ooh no Iv never heard of a buyback rate agreement

Offline Scunner

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Re: Lira getting Stronger - Why?
« Reply #958 on: March 13, 2018, 22:49:24 PM »
In terms of property, if you agree that prices aren't hugely different to ten years ago, 2008, a £45k 2 bedroom apartment in Calis would cost a Turkish buyer 108,000 TL (2.40/£) back then. Although the price in pounds hasn't changed, today they would need to find 243,000 TL.

Offline Colwyn

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Re: Lira getting Stronger - Why?
« Reply #959 on: March 14, 2018, 09:19:03 AM »
Thank you Colwyn I have been on XE having a look at tl to gbp...ooh no Iv never heard of a buyback rate agreement
Here is the Moneycorp Guarantee

For your unspent currency, we will:

  • Buy it back at the same rate that you bought it.
  • Not charge any commission.
  • Buy back any travellers cheques that you purchased from us.
  • To use Buyback Guarantee, simply ask one of our cashiers before starting your transaction in-branch.
But they have a relatively poor exchange rate of 5.16 so the buy back rate would be 19.37p - so you'd lose on taking it out (compared with changing in Turkey) but gain on buyback. Not really worth it.




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