The national currency of Turkey: what every tourist should know

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The national currency of Turkey: what every tourist should know
The national currency of Turkey: what every tourist should know

Video: The national currency of Turkey: what every tourist should know

Video: The national currency of Turkey: what every tourist should know
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The national currency of one of the most popular tourist destinations is the Turkish lira. This Turkish currency is mainly used only by local residents. Foreign guests prefer to pay in dollars, less often in euros or rubles. At the same time, they do not even realize that it is sometimes cheaper to pay for purchases in local currency.

History

Turkish currency
Turkish currency

Today, the new Turkish lira is used in circulation in the Republic of Turkey. This Turkish currency was issued in early 2005. The reason for these changes is high inflation. For example, in 1966, one dollar could get 9 liras, and in 2004, one American dollar gave a fortune - more than one million liras. Of course, it was not easy to pay with such money, but everyone was a "millionaire". After the new currency came into use, everything became much easier. One new lira became equivalent to one million old liras. Previously, the old abbreviation was designated - TL (that is, the Turkish lira), now the newdenoted by YTL (New Turkish Lira).

Description

Both banknotes and coins are used in circulation. On each of them you can see a portrait of the first and most beloved President of the Republic of Turkey - Mustafa Ataturk. Banknotes are presented in denominations from 5 to 200 lira. It is important to remember that one Turkish Lira is equivalent to 100 Kurus. Coins are used in denominations from 1 to 50 kurush, the largest coin is equivalent to one lira.

What currency to take to Turkey

turkish currency 2013
turkish currency 2013

As already mentioned, many foreign guests take mostly dollars with them. Of course, because this currency is widely used and accepted everywhere. It is better not to take the euro, you will pay at a completely unfavorable rate. It is very strange, but in Turkey the euro is equated to the dollar. But you may need the single European currency at airports, namely in duty-free shops. The national currency of Turkey will be appropriate in small shops and markets. Dollars and euros are also accepted here, but the exchange rate is usually not in favor of the buyer.

Where to exchange money

There are a lot of places in Turkey where you can exchange currency. This can be done at the hotel reception, with local residents, but it is best to choose banks, exchange offices and post office. Be sure to take your passport with you. Many people think that the exchange rate in Turkey is not very stable. In fact, it was in the last century, now we can say that the Turkish lira is holding its positions. Turkey's national currency in 2013 is approximately 16 rubles or $0.5.

exchange rate in turkey
exchange rate in turkey

Tourist Tips

Before you travel to Turkey, consider the following tips.

  1. Buy as much Turkish Lira as you can spend. Reverse exchange will not be profitable.
  2. Before you travel, buy some Turkish Lira, then you can buy more at any exchanger.
  3. Pay with your local currency at the markets and when buying souvenirs.
  4. Check money for counterfeitness, and also take old lira with a lot of zeros.
  5. Look for stores with a Tax Free sign. By filling out the necessary documents, at the airport you can return the amount of tax, which is about 12% of the cost of the goods.
  6. And finally - do not forget to count the money without going far from the cash register.

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