Currency Guide Turkey

Currency

Turkish New Lira = 1,000,000 Old Lira, and 100 new kuru. Notes are in denominations TRY1, 5, 10, 20, 50, 100

To view images and descriptions of all these denominations [click here]

Credit Cards

Most major credit cards are widely accepted with VISA and Mastercard being the most popular. American Express is generally only accepted in the more expensive establishments.

Banks

The banking hours are Monday to Friday 0830–1200 and 1300–1700.

Currency Regulations

The import of local currency is free.

The export of local currency is limited to US$5,000 or equivalent

The import of foreign currency is free, you may declare if you are wishing to export more than the allowed amount.

The export of foreign currency if limited to USD$5,000 or more if declared.

[Click Here] for more information on doing a money transfer to Turkey.

Currency Exchange

Currency can be exchanged at banks, exchange booths, post offices, airports and ferry ports; banks have the worst rates and highest commissions, but will exchange lesser known foreign currencies. Travellers cheques can be exchanged at some banks and currency exchange offices, but are not as welcome as cash or credit cards. Some places will accept US Dollars as payment and until the end of 2005 all shops will display prices in both Old Lira and New lira

Exchange Rate History

Date TRY Rate
01/01/02 2.061
01/01/03 2.582
01/01/04 2.447
01/01/05 2.523
01/01/06 2.257
A rough guide to the tourists rates for the Turkish Lira since the beginning of 2002

View New Lira exchange Rate

Order Turkish New Lira or Turkish Travellers Cheques

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