You can use a Turkish lira to Pounds (or Pounds to lira) online comparison table to find the best Turkish currency exchange rates at a glance.
However, you need to take the bigger picture into account – as well as simply how many Turkish lira to the pound you’ll get – to ensure you don’t lose out through additional fees and charges.
The first step is to decide on your holiday budget – in sterling. Then there'll be four things that you’ll need to consider:
Turkish Lira to Sterling exchange rates
Your exchange rate will ultimately set the amount of Turkish Lira your pound will buy, so it can have a big impact on how much money you have left to spend.
Compare Turkish lira conversion rates to see how many pounds to lira you can get through each travel money provider and find the best Turkish lira rate available for your travel money budget. Some providers offer their top rates to bigger orders, so check your currency exchange would be eligible.
What’s the minimum/maximum purchase?
Once you’ve found a selection of companies offering a strong exchange rate Turkish lira to pound, check to make sure that your budget (in pounds sterling) fits in with their more general minimum and maximum order limits. Exclude travel money companies whose limits won’t allow your intended purchase.
What’s the minimum order for free delivery?
Even if you get the best rates for Turkish lira, paying additional fees such as delivery charges could mean you end up overpaying for your holiday cash.
Different providers set different minimum order limits to qualify for their free delivery service, if they offer free delivery at all, so make sure your £sterling budget fits the bill. If you need your money in a hurry, check if next day delivery is available and how much it costs.
Is there a buy back charge?
If you expect to have a substantial amount of Turkish currency left over when you return to the UK, a buy back guarantee could cut your losses when changing it back to GBP pounds sterling.
However, while useful, some providers charge to guarantee a buy back rate for the Turkish lira at what you originally paid – exactly how much depends on the company.
Where is best to change money when going to Turkey?
It's always worth doing your research and ordering your Turkish money before you'll travel because you'll nearly always get a better exchange rate on Lira especially compared to the Turkish currency exchange rate you'd get if you changed your money at the airport.
The reason you'll find the cheapest exchange rate for Turkish lira online is because you'll have access to a multitude of foreign exchange brokers that don't have to maintain a high street presence. The result is that they'll offer more competitive exchange rates, send your money securely and you'll get more Lira for your sterling.
Try to avoid leaving it until the last minute when you're actually on holiday because if you change your money in Turkey it's likely you'll be charged inflated prices and poor rates.
Ultimately, if you compare the Turkey money exchange deals for the amount of sterling you've set aside for holiday spending along with the features listed above, you'll be able to get the best deal on your Turkish holiday currency.