What currency to take to Turkey? (a sad ode to the Turkish lira)

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When going on holiday to the famous Turkish resorts for the first time, many new travellers, unfortunately, do not even know what the currency is in Turkey, relying on the purchasing power and versatility of the all-powerful dollar...

Well, they are partly right – dollars are held in high esteem in Turkey, as well as in hundreds of other countries. However, there are certain nuances that we will consider below. And also at the end of the article you will be able to see informers that clearly demonstrate the exchange rate of the Turkish lira to the dollar, euro, hryvnia and ruble. Online exchange rates are the most convenient thing, no matter how you look at it!

Turkish lira

Monetary unit of Turkey

Once upon a time there was a Turkish lira, equal to one hundred kurus and introduced into circulation back in 1844. The national currency of Turkey felt quite good, gradually gaining strength and solidity over the years. However, the crisis that occurred at the turn of the XNUMXth and XNUMXst centuries did not spare the Turkish lira, bringing down wild inflation on it...

In a very short period of time, the lira had depreciated so much that the national bank was forced to issue banknotes worth a million lira or more! Yes, now the Turks could be proud, because everyone - from a successful businessman to a "little toady" in cheap hotelClub Sun Heaven 3* is probably the best budget hotel in Turkey – became millionaires!

But paying in millions is damn inconvenient, so it was decided to carry out a denomination from January 1, 2005, removing six zeros from the Turkish currency. No sooner said than done, the "new Turkish lira" appeared. The Turks (out of habit, apparently) decorated the obverse of all the newly introduced banknotes with the face of their beloved Ataturk, leaving a modest reverse for other national heroes.

On January 2009, 2012, it was decided (rightly) to remove the word "new" from the official name of the Turkish currency, which was marked by the release of a new series of coins and banknotes. In March XNUMX, the Turkish lira acquired its own unique sign (a double-crossed "L").

What currency should I take to Turkey?

Unfortunately, the Turkish lira rate is extremely unstable, moreover, literally a couple of weeks before writing these lines, it set another "record minimum". Therefore, in most resort towns on the coast, people mainly pay in dollars and euros. The Russian ruble is also quite popular. The hryvnia is still accepted in few places, but there is a certain tendency for its turnover to increase by territories of TurkeyMap of Turkey in Russian.

What money is the best option in Turkey? Perhaps small dollar bills, as hundreds of thousands of tourists have tested this. Why small bills? Because crooked sellers at markets and small shops often brazenly claim that they don’t have change, say, from a twenty-dollar bill, although they usually do have change…

Turkish currency exchange office

Why not take European currency to Turkey? Go ahead, because the euro is accepted everywhere! But be prepared for the fact that they will count out change for you at the rate of the US dollar - this is another "signature number" of local traders. Oh, of course, in large shopping centers this is simply unacceptable, but in a small bazaar or souvenir shop - no problem!

In cities where tourism is less developed, the native Turkish lira is in use, but dollars (as practice shows) will be welcome there too. In large administrative centers like Ankara or Istanbul, some institutions accept only lira on principle. However, exchanging dollars, euros or hryvnias for lira is a piece of cake and will only take a few minutes.

Turkish Lira Exchange Rate

And here are the promised informers, where you can see the current exchange rate online. To be honest, at the moment the situation looks extremely depressing for the Turkish lira, but perhaps everything will change for the better.
Who knows…

Turkish Lira to Dollar Exchange Rate

Currency Rate Informer
Turkish lira Turkish lira

(USD) //-//

Turkish Lira to Euro Exchange Rate

Currency Rate Informer
Turkish lira Turkish lira

(EUR) //-//

Turkish Lira to Ruble Exchange Rate

Currency Rate Informer
Turkish lira Turkish lira

(RUB) //-//

Turkish Lira to Hryvnia Exchange Rate

Currency Rate Informer
Turkish lira Turkish lira

(UAH) //-//

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