2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Going on an excursion to Istanbul or a beach holiday in Antalya, tourists usually take dollars and euros with them. In principle, having enough funds in one of these world currencies, the traveler will not disappear anywhere. But if the task is not to simply survive, but to spend your savings wisely, you should understand the name of the currency of the host country, where it is better to buy it, how it looks.
Turkish money (lira) has changed several times throughout its history. Although the new banknotes that replaced the old ones turned out to be modern and more secure from counterfeiting, every resident of the state could easily recognize the “same” banknotes in them.
So, Turkish money is not euro, as some people think, but lira. Each consists of 100 kurush. Lira exists in the form of banknotes of various denominations, ranging from 5 to 200. Kurushi - coins from 1 to 50. 1the lira, as an exception, is also represented by a coin. Regardless of the denomination, all modern Turkish money is made with a portrait of Ataturk (the great reformer, politician and president, the respect of the people for whom is expressed in this way). Now you know what Turkish money is called.
Turkish money, exchange rate against the dollar
Those who travel to this warm and friendly country for the first time should know that both in the markets and in many private shops here they are happy to accept both dollars and euros. But in order not to overpay, it is necessary to be guided in the rates of the local currency in relation to the world ones.
Today it costs about 45 US cents (or 0.33 euros). When buying in the market, the traveler should be guided by the fact that instead of 2 lire, they will take a dollar from him, and instead of 3 - euro. And that would be perfectly acceptable.
Where is the best place to change Turkish money
As in many other countries, the most disadvantageous exchange rate here will be at the hotel. As for the most comfortable and safe way to exchange dollars or euros brought with you for lira, this will undoubtedly be a visit to the bank. There you can exchange your existing currency for Turkish money.
Despite the fact that the service in Turkish financial institutions is in many respects far from common European standards, they can definitely provide acceptable comfort and an English-speaking specialist. If a visit to the bank for some reason failed, you should not change money on the street, it is quite easy to become a victim of localscammers. It's better to lose a little by paying at a less favorable rate than to be robbed.
How best to pay off
If we are talking about a hotel, a large supermarket or a restaurant, then all possible options apply. A tourist will easily accept a payment card or cash in liras, euros, dollars or even rubles. During excursions to historical places, it is better to have small bills with you to buy food or souvenirs. Cunning merchants, motivated by the lack of change, strive to sell travelers more goods, so a trifle will come in handy here.
Those who wish to visit local markets (especially in the old areas of cities and small towns) are better to have lira with them. Some merchants here may refuse to accept dollars or agree to pay with this currency at a frankly undervalued rate.
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