- Turkey holiday money advice
We took 50:50 euro’s and lira, came back with euros. Perhapse it was due to the slightly volitile exchange rate at the time but everything was cheeper in lira.
I think most countries you get a better rate exchangeing at a local bank than you do in the UK (look at UK banks, they buy at a better rate than they sell).Posted 4 years agoProphet2Subscriber
Heading to Turkey soon for an all inclusive holiday. The norm for hols is to get money exchanged in the UK but I’ve read that it’s better to bring sterling over and use the Turkish banks to exchange to lira?
I have also read that it is best using sterling to buy stuff as the locals perfer that so they can exchange to lira when the exchange rate is good.
Being an all inclusive hol we shouldn’t need to bring too much cash.
ThanksPosted 4 years agoononeorangeSubscriber
I would suggest getting an Fx card from someone like Caxton FX (Excellent service, I am not connected other than as a customer).
Essentially you charge the card in the UK with Sterling from your current account, then use it at cashpoints world-wide, Caxton then charge you the going rate that day. Their Fx rates are way better than the high st banks (ie minimal spread) and there’s no hidden charges each time you use it. You also have the card for whenever you travel. A no-brainer for me, really.Posted 4 years agostumpy01Member
We have taken Lira and Euro’s before. Last 2x we have been, almost everything is priced up in Euro’s. As soon as you say you are paying in Lira they have to do a quick conversion, which generally seems to get rounded up, so we ended up paying (a bit) more for everything with Lira.Posted 4 years ago
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